Rent-to-rent possession?

Rent-to-rent possession?

0:06 AM, 30th July 2024, About 5 months ago 7

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Hi, I have a guaranteed rent agreement aka rent-to-rent which ends in five months on a fixed end date. I am afraid I won’t get vacant possession on the end date as the agency I signed with has said they will put a new sub tenant in shortly before the agreement end date.

This means I’ll have to wait a long time to get my property back.

What legal remedies do I have to get vacant possession on the end date?

Will the agent be in breach or contract? And will the sub tenant be classed as squatters?

Which legal expert can help me?

Thank you,

Debbie


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SteveFowkes

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10:17 AM, 30th July 2024, About 5 months ago

Rule number 1
Never ever sign a R2R agreement!

Others may have more insight, but I suspect you'll need to terminate the contract with the R2R company and issue S21 to the tenant(s)

Are you sure they're putting new tenants in or just his saying a new AST to the same tenants?

Jules Azeez

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16:13 PM, 30th July 2024, About 5 months ago

I signed a guaranteed rent (r2r) end date was 14/01/24. Company did not hand back property.

Case has gone to court with solicitor using possession order is an order in rem which takes effect against anyone who is found at the property even if that person was not a party to the proceedings (R v Wandsworth County Court, ex p Wandsworth LBC [1975] 1 WLR 1314). I was granted possession order by the judge and am currently awaiting bailiffs to carry out eviction of sub tenant.

I hope this helps. It's been a long process, 6 months so far!!

DPT

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18:28 PM, 30th July 2024, About 5 months ago

You are going to need a specialist housing solicitor and its going to be expensive. Rent to rent is almost never a good option for a landlord.

Disgrunteld Landlady

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13:18 PM, 31st July 2024, About 5 months ago

I effectively did a r2r.. a young conartist took it on and did Short term lets - I am all over Facebook warning people not to do them- I got my places back - one I just changed the locks on.. But this was after he dedided to keep my money. Can you do everything in your power to prevent the "new tenant" going in? even renting it yourself, or finding a "tenant" to go in? They are already stating they will not return your property which is what I assume your contract says - so take action.. get some advice and forcefully take the property back. Keep a paper trail demanding they adhere to the contract. The courts as you can see above are so backed up, something I am also facing. 9 months for Bailiffs to go in for us.

Baz

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11:39 AM, 1st August 2024, About 5 months ago

Don't you have a clause in the contract stipulating that you will get your property back at the end of the contract? If so, you have the right to take legal action for breach of contract.

Avi

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8:15 AM, 3rd August 2024, About 5 months ago

I have the same issue, unable to get my property back despite countless emails.

Is anyone able to recommend a good solicitor experienced in this type of eviction.

Lisa008

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16:06 PM, 7th August 2024, About 5 months ago

I've never trusted rent-to-rent. A lot of landlords were left stranded during covid because these rtr lot were doing short lets. All bookings got cancelled, so many just handed back the keys... so much for the 'guaranteed rent'! They have no skin in the game, it's not their asset and in this case its like they've taken on someone else (knowingly) - landed you in it, landed them in it... and they'll skip off with the money leaving you to deal with the aftermath because they have no skin in the game!!! They're using your asset to enrich themselves. No downside because people come after the owners... not the middle man.

The article is old, but never gets old: https://www.theguardian.com/money/2013/jun/28/new-class-landlords-profiting-generation-rent

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