UK Landlord Forum / Life

As a landlord I signed a 2 year fixed contract with tenants with no break clause,  through a managing agent.   The tenant paid 6 months in advance as has now been in property for six months.
Nothing wrong with the tenants or managing agents but I want the property back as my relationship broke down and need my flat back.  Huge error on my part.
How would I go about this?   I know it will cost me, but is there a way to do this? 

Who really wanted a two-year fixed contract? Was it you, the agent or the tenant? If it was the tenant, then that suggests they value stability over flexibility, so getting them to move is likely to come at a cost.

In practical terms, that's going to be the cost of them hunting around for a new place, juggling the deposits, moving all their stuff etc, but then there's also the emotional trauma of losing that stability they prized so much. Can you afford to write a big enough cheque for them to feel good about the deal, or would you be better off renting somewhere yourself for 18 months?

Having said that, it would be well worth checking with your tenants, just in case they're actually desperate to move too but don't feel able to break the contract. Stranger things have happened!

Quote from: Bann on August 27, 2019, 09:03:03 AM
As a landlord I signed a 2 year fixed contract with tenants with no break clause,  through a managing agent.   The tenant paid 6 months in advance as has now been in property for six months.
Nothing wrong with the tenants or managing agents but I want the property back as my relationship broke down and need my flat back.  Huge error on my part.
How would I go about this?   I know it will cost me, but is there a way to do this?

You can do it by agreement... negotiation... bribery / incentives... but you cannot enforce it just because you've changed your mind. So, numerous ways... but none that sounds definite and cheap, unless you get lucky. You could sell it to another Landlord and buy another, empty one?