My problem - HAtennants

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    My problem - HAtennants

    Hi all,

    A question or advice I want to get feedback on.
    I have given my property to a London Housing association for 3 years (one more year left until the lease runs out) for 2 years I have had no issues and no phone calls and rent paid on time. Here the problem my 2 year fix mortgage is coming to an end and a valuer for a re mortgage was booked, the tenants refused entry even after all agreed and booked. So now unless I pay again I cannot get a re-mortgage which means by payment are going to SVR. I stand to lose £3K as a result.
    Are the HA liable for this lose in anyway if their tenant is refusing access? Or is it nothing to do with them? The tenants were originally refusing access some weeks back but in a strange turn around it appeared they were being co-operative but it was just a trick to buy time I guess.

    Would the HA be liable in any way for my loss due to their tenants un-corporation?
    Thanks.

    #2
    Usually (but not always) your tenant is the HA. If so, their tenant doesn't have to let your valuers in. The problem is yours - HA has no liability. If however you are named as landlord or tenancy the occupant has (ie HA is acting as agent) then the only way to force valuer in would be get a court order.

    You may have a bigger problem if your tenant is HA: Does your mortgage permit you renting to not a human but an organisation - which, worse, sublets? Suspect it doesn't and mortgage lender may be entitled to repossess.

    Cheers!
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

    Comment


      #3
      Interesting, yes - the mortgage lender is aware that the tenant are HA, as my mortgage advisor made a point of finding only 2 lenders willing to take it on under a HA term. But I mustn’t take his word for it, what can I ask for from my mortgage advisor to be sure that his telling me the truth?

      Also out of interest, now that you mentioned it - would they really repossess, because they I never missed a payment.. And when you say repossessed, do I loose my equity as well or do the lenders just force the sell and then they take their money and I take my equity?

      uhmmm court order... I may just take the hit for the next 12 month and move away from HA one the lease ends..

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        #4
        If its going to save you £3k, Id suggest an offer of a few hundred to the tenants may make them more co operative...

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          #5
          Read your mortgage documentation: A broker is motivated by commission (usually..). Sounds OK - but check!!
          I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

          Comment


            #6
            Surely you are entitled visitation/entry rights under the contract with HA.
            Ask them to arrange the inspection and cc you in on the documentation

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