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Tenants rights in case of landlord mortgage default
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EW NEWBIE
Latest post on
14 May 2011 - 16:35
Hi
We're due to renew our tenancy agreement in July, we'd like to stay in our property so contacted our landlord to let him know we want to renew. He asked that we increase the price to reflect the increases in the market (I actually think we got a good deal last year).
Today he came to see us and gave us the strong impression he has financial difficulties.
Does anyone know what our position would be in the event that he defaulted on his mortgages? We don't want to pay for a full year's rent only to have to move and lose the rent because our landlord is struggling.
All advice appreciated
Liz
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EW NEWBIE
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15 May 2011 - 01:58
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EW GURU
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14 May 2011 - 17:53
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