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Old 22-02-2009, 04:32   #10
accyman
God Member
 

Re: What about the tenants?

my friends flat has just been taken over by the recievers or whatever working on behalf of the mortgage lender and the tennancy is continueing as normal depite the fact the landlord wasnt paying the mortgage on teh property and was infact blowing teh rent paid on god knows what

as the house market is n such decline and mortgages arnt as easy to get what most agencies are doing when reposessing a property is continueing to keep the tennant in as rent been paid is better than no mone coming in at all

if they decide to sell the property there is a required amount of notice which im sure google or citizens advice can find for you

also if a tennant is in teh house im pretty sure when they buy the house they have to honour the rent agreement
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