I'm doing likewise, can't afford to have a property that I can't sell if I ever need to - the extra step of the declaration having to be witnessed/signed by commissioner is a pain. I also understand that if the tenant finds somewhere at any point in the notice period, they have no notice requirement. Although if they leave before the notice period is out, it would be a major positive as you could start the sale process much earlier.I plan to give six months notice now.
I have no problem with security of tenure; but potentially being forced to continue to be a landlord against my wishes & not being able to sell my property in the future should I wish to do so is more than I'm prepared to risk.
This is illegal.Decide to move in with the tenants
Notice periods still apply and it's not clear if this will remain in the upcoming legislation., tell them to move out as you're doing up the property,
I think you might be missing the pointoffer them one month free if they move out etc.?
Indeed, it is however (sadly) the end of my tenants tenure; and I suspect that will be a major blow to them.Doesn't seem to be the end of the wor[l]d?
Suppose I can give the notice and withdraw it if I wanted to, but there is a risk the tenant will find another place.I plan to give six months notice now.
I have no problem with security of tenure; but potentially being forced to continue to be a landlord against my wishes & not being able to sell my property in the future should I wish to do so is more than I'm prepared to risk.
Indeed; though the risk of your property being empty for any length of time is slim.but there is a risk the tenant will find another place
I suspect you won't.As long as I have time to give notice before the legislation I will wait and see what exactly in the leglisation.
Suppose I can give the notice and withdraw it if I wanted to, but there is a risk the tenant will find another place.
As long as I have time to give notice before the legislation I will wait and see what exactly in the leglisation.
This clause is not well known but it has been kept in throughout all of the changes (four I think) to the Residential Tenancies Act since 2016.Is he simply proposing to drop the six-year term of a Part IV tenancy (which, frankly, would be fairly meaningless)
In any event, I assume if notice of termination is issued say next week, then nothing should be able to prevent that in say 3-5 months time, and it would only apply to tenancies not under a notice at that point ?
This clause is not well known but it has been kept in throughout all of the changes (four I think) to the Residential Tenancies Act since 2016.
My guess is that there is legal advice to say that you have to allow for a no-grounds termination at some point during the tenancy by a landlord. There were two Supreme Court decisions in 1981 and 1982 which struck down attempts to regulate rents and the Attorney General will be mindful of having to work within these parameters. The Supreme Court found that tenancies of indefinite duration and rent controls were unconstitutional, with the implication that one or other was okay.
It was never meant to be temporary. And it is just a tax that applies to all relevant income like any other tax.and USC
RPZs were specifically introduced as a temporary measure and have been extended several times. If it RPZs become indefinite de facto then it they may well be deemed unconstitutional.They just make it temporary, like RPZs,
It was never meant to be temporary. And it is just a tax that applies to all relevant income like any other tax.
RPZs were specifically introduced as a temporary measure and have been extended several times. If it RPZs become indefinite de facto then it they may well be deemed unconstitutional.
Well, the LPT valuation date for the next four years has already passed.Surely one effect of these changes that are very likely to take effect such as the 2% max increase per year on rent and obscene rule of "tenancies of indefinite duration" is that properties may have to be revalued for LPT purposes by Landlords.
Wasn't Income Tax a "temporary" measure introduced to fund the Napoleonic Wars? I believe these have now ended, so I must be due a rebate!They just make it temporary, like RPZs, and USC, which bypasses anything that gets in the way of it. It can remain temporary indefinitely then.