A question to all you landlords from a renter AKA Tenant scum :-)
I potentially have a lucrative long term role in Europe, but I have about 9 months left on my rental contract.
I have renting the place for nearly two years and my renewal rate was probably about 85% of market value, by my own and the landlords estimates.
He is busy renovating the bathroom and a general lick and spit of paint elsewhere.
The flat is in a prime area of West London and to be honest when I looked at the beginning of the year I could not find anything in that area even close to the price I am paying now.
The way I see it, if I cover the commission he has paid to the letting agent and let him advertise the property for 6 weeks before I go, I cant really see a problem as with the renovated bathroom he could probably add about 25% on what I am paying at least, and I was looking over XMAS and now it will be heading to summer, so the rentals will be stronger
As landlords, if you where in this scenario, would you allow me the break the contract or would you insist that I honour the contract and sublet(I am allowed to in the contract)?
Subletting would probably work for me and make me a bit of cash, but I will be upping sticks so could do without the aggravation.
It sounds like a bit of a no brainer to me, but would any grizzly, money-grabbing, capitalist property owners here be prepared to give their opinion?
I potentially have a lucrative long term role in Europe, but I have about 9 months left on my rental contract.
I have renting the place for nearly two years and my renewal rate was probably about 85% of market value, by my own and the landlords estimates.
He is busy renovating the bathroom and a general lick and spit of paint elsewhere.
The flat is in a prime area of West London and to be honest when I looked at the beginning of the year I could not find anything in that area even close to the price I am paying now.
The way I see it, if I cover the commission he has paid to the letting agent and let him advertise the property for 6 weeks before I go, I cant really see a problem as with the renovated bathroom he could probably add about 25% on what I am paying at least, and I was looking over XMAS and now it will be heading to summer, so the rentals will be stronger
As landlords, if you where in this scenario, would you allow me the break the contract or would you insist that I honour the contract and sublet(I am allowed to in the contract)?
Subletting would probably work for me and make me a bit of cash, but I will be upping sticks so could do without the aggravation.
It sounds like a bit of a no brainer to me, but would any grizzly, money-grabbing, capitalist property owners here be prepared to give their opinion?
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