Deed of surrender – agent says I don’t need one?

Deed of surrender – agent says I don’t need one?

0:01 AM, 30th July 2024, About 4 months ago 29

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Hi, How can my agent think emails between myself and my tenant are sufficient when agreeing an early release from a tenancy? My tenant has been obstructive with regards access and I’ve had numerous issues, property damage etc.

I will be happy to agree an early release (with a deed of surrender) and will self manage or sell.

This is an 18 month fixed term with 10 months remaining AST.

The tenant has indicated he is searching for a larger property. The agent advised there will be stipulations on the check out, paying all utility bills, leaving the property clean etc before leaving.

Agent will ask for a forwarding address and if this is false and there are issues, it will be dealt with by the debt collector!

Surely by this point my agent will be long gone and my contract with them.

Am I overthinking this?

I do not trust my tenant and my agent is not particularly thorough and diligent.

Please can you advise me?

Thank you,

Alison


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Alison Clark

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14:41 PM, 8th August 2024, About 4 months ago

Reply to the comment left by Lina Borzenkova at 08/08/2024 - 10:06
Thank you so much this reply is so helpful. Please can you explain your following comment. “but make sure the deposit release process follows the regulations of the deposit protection scheme”.

Than you

Alison

Alison Clark

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14:46 PM, 8th August 2024, About 4 months ago

Reply to the comment left by Geoff1975 at 30/07/2024 - 10:06
Geoff do you just download a Deed of Surrender online? Is this a legal/legitimate document without a solicitor. I called into a high street agent and they advised I can print off free online. Just wish to double check’ thank you. Alison

Alison Clark

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14:52 PM, 8th August 2024, About 4 months ago

Reply to the comment left by SCP at 06/08/2024 - 16:52
Thank you.

Alison Clark

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14:57 PM, 8th August 2024, About 4 months ago

Reply to the comment left by SCP at 08/08/2024 - 11:11
For me to agree an early release using a signed and witnessed deed of surrender I would hope the tenant YES would sign the surrender. Fingers crossed. Thank you.

Alison Clark

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14:59 PM, 8th August 2024, About 4 months ago

Reply to the comment left by SCP at 06/08/2024 - 16:52
Thank you.

Alison Clark

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12:27 PM, 23rd September 2024, About 2 months ago

Reply to the comment left by SCP at 06/08/2024 - 16:52
Hi SCP. My tenant is still with me although expressed interest to leave early in June. FT end 27/5/25 and counting.

How would I know if my AST is by way of deed? It just states Assured Shorthold Tenancy. Would this be stated somewhere in the agreement please?

Thank you

Alison Clark

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12:43 PM, 23rd September 2024, About 2 months ago

Reply to the comment left by Dennis Forrest at 30/07/2024 - 15:52
Hi Dennis, it’s been a little while since I thought about a deed of surrender as my tenant is still with me although expressed he wished to leave the fixed term early.

When you mention the agent raising an invoice for say £50 for an Agency termination fee are you meaning so I know my fully managed service is terminated following the deed of surrender? Or are you implying the tenant pays this as proof he has surrendered. Sorry a little confused.

Thank you

havens havens

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17:11 PM, 23rd September 2024, About 2 months ago

you should definitely get a formal deed of surrender. Make sure everything about the property and bills is clear. If you don’t trust your agent, it might be worth talking to a lawyer.

Alison Clark

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17:39 PM, 23rd September 2024, About 2 months ago

Reply to the comment left by havens havens at 23/09/2024 - 17:11
Thank you.

Does a the deed of surrender override the AST please? My agent has mentioned the deed is between me and the tenant and it doesn’t sound like they will be involved. I am fully managed.

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