UK Landlord Forum / Life

Hi,

I have just been off the phone from HMRC and they are going to send me a tax demand. My problem is that I have paid my 1 month rent, broker fees and deposit.

I did sign a online agreement for tenancy for 2 years with a 6 month break. However I cannot afford to pay the rent in the light of my new found problem.

Few more details:
- I haven't done the referencing yet
- Today the agency sent another new agreement to sign as the previous ones had a minor fault in the landlords contact details (just 'A' misspelt as 'T'). I haven't signed this as yet (but does it matter as i signed one yesterday)

Can i somehow get away with not taking the possession and get my deposit and rent back. I don't mind if i loose the broker fees

Please help!

That must be quite a tax bill you've got there! HMRC can often be quite accommodating about spreading the cost if it's going to cause undue hardship.

I suppose you could always hope that somebody writes you a stinker of a reference and the landlord turns you down! What does the contract you've signed say about the rights of either party to cancel at this stage?

The landlord has rights to cancel if i leave the property empty for 21 days, do anti social stuff, blah blah

The only right i have to cancel is at 6 month break clause.