With mortgage rates, the cost of living and the energy crisis having a huge detrimental effect on both landlords and tenants in the private rented sector, many landlords are finding themselves directly effected either by lost of equity, the property no longer making ends meet or change in circumstances which are not of a direct effect of any tenant action.
In these situations many landlords are in desperate need to move back into their rental properties as their own home, leaving tenants facing the prospect of eviction through no fault of their own.
Surprisingly to me, there is a common presumption among inexperienced landlords on Social media platforms that they do not need to serve their tenants with formal notice in order to move back into their properties.
It is unclear where this misconception has come from, but it is a worryingly increasing trend, so to clarify the situation to those who are unsure please read on.
When you rent your property to a tenant on an assured shorthold tenancy agreement you are in the eyes of the law transferring possession of your property to the tenant.
This provides the tenant with 'Exclusive possession' this means the tenants has every legal right to exclude anyone from their home including the landlord and their agents.
There are only two legal ways in which a landlord can regain possession of their property.
- By the tenant serving Notice to Quit or signing a Deed of surrender and vacating the property voluntarily
- By the landlord serving notice seeking possession, proceeding through the court system and having a bailiff exercise an eviction warrant
A great breakdown of what landlords need to know.
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