buying property with tenant
Tenancy Deposits

0 Thanks
3 Posts
15 years ago
I'm planning to buy a property with tenants.

They have a 6 months tenancy agreement with the previous owner and the agreement runs out end of July.

The tenant has paid upfront for the 6 months and has put a deposit.

The actual owner plans to transfer the tenancy to my name and give me the deposit and the 6 months rent (minus time already spent sinec the beginning of the tenancy)

What kind of things I should be careful about?

I suppose I will have to re-check the tenants reference?

At the end of the 6 months tenancy, could I increase the rent?

many thanks for your imputs

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.