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Buying at auction an EPC of G with sitting tenant.

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Author Topic: Buying at auction an EPC of G with sitting tenant.  (Read 76 times)
Posts: 6

I like property

« on: June 10, 2020, 09:09:11 PM »

 Am just perusing Rightmove;  A new agreement, should I buy, would have to be drawn up. The 20 yr sitting tenant does not, possibly, want any work done. Since April '20 all new and existing agreements must have a minimum of E. I suppose if any steps have been taken with or without proof then I can do no more to improve.  The tenant may not sign or acknowledge my request. Its a hefty fine without one.  DONT BUY then is an obvious retort but the legal side intrigues.       
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Posts: 3460

I like lots of things

« Reply #1 on: June 11, 2020, 11:15:34 AM »

What the heck is this?

You're kinda looking at property to buy, idly it seems... also, it seems like a lemon from the outset... but you're just looking... yet you know (think?) the Tenant might not want any improvements... you're aware of the regulations, but seem to want to bypass them via some kind of nefarious means... signed agreement... why? Why are you looking at stuff of this nature?

Don't buy.

The legal side isn't intriguing at all.  ;)

What kind of slum is this? I'm curious. Send us the link - don't worry, I don't think any of us here will compete. Is it a hole in the side of a mountain (nice and cool in summer but a bit chilly in winter)? Is the Tenant some kind of hermit who's not interacted with the outside world for a decade? Look for something better. Avoid the hassle. Don't overthink outliers.

I have spoken.
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