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End joint tenancy
End joint tenancy
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Topic: End joint tenancy (Read 102 times)
daz
Newbie
Posts: 7
I like property
End joint tenancy
«
on:
July 25, 2022, 11:35:59 AM »
Hi Guys
My Tenant has messaged to say that her partner has moved out and she would like the tenancy changing to a single tenancy, they are 10months into a 12month contract and his mum is the guaranter, could someone advise me how to go about this.
Many Thanks
Daz
Hippogriff
Global Moderator
Hero Member
Posts: 4503
Abuse Officer
Re: End joint tenancy
«
Reply #1 on:
July 25, 2022, 11:52:43 AM »
His mum is the guarantor.
Does that imply she probably doesn't have the income to make the entire rent payments going forward (or you suspect it?) and that the mum is no longer willing to be her guarantor (and therefore she would have no guarantor?)?
daz
Newbie
Posts: 7
I like property
Re: End joint tenancy
«
Reply #2 on:
July 25, 2022, 12:55:41 PM »
Hi Hippogriff
Thanks for the quick reply, I have been in touch with the tenant and she is willing to supply another guarantor, so I think she is still able to make the rent payment going forwards.
Hippogriff
Global Moderator
Hero Member
Posts: 4503
Abuse Officer
Re: End joint tenancy
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Reply #3 on:
July 25, 2022, 01:27:47 PM »
I might be tempted to just re-sign a new agreement when this one ends then... and kinda look the other way for the short remaining time. Unless that makes you feel uncomfortable? Ask her to "tell you" of this development in around 6 weeks. You can monitor the situation in the intervening time.
jpkeates
Full Member
Posts: 115
I like property
Re: End joint tenancy
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Reply #4 on:
July 25, 2022, 03:02:13 PM »
At the end of the tenancy, ask the tenant to serve notice to end it.
That removes any possibility of the partner claiming that their tenancy is continuing.
Go through the whole end of tenancy process at the end of the tenancy.
Then start a new tenancy process while the notice expires, and start the whole thing again.
It's a new tenancy with a new tenant, so all of the normal start of tenancy things need doing again.
First thing to check is who's the lead tenant on the deposit, because they're going to get the deposit back at the end of the current tenancy.
KTC
Hero Member
Posts: 741
I like property
Re: End joint tenancy
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Reply #5 on:
July 25, 2022, 08:05:01 PM »
If you can get them BOTH to agree in writing to an early end of the existing tenancy, that also works. But everything else is as jpkeates said, treat it as if a new perspective tenant applying and whatever checks you would do in those cases.
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