I’m a landlord with a small portfolio (2 flats) and unfortunately due to a change in personal circumstances, I need to sell one of the properties to free up some much-needed capital. Before I tell my tenant, I would like to know exactly where I stand legally – for my sake as well as theirs. What are my rights and responsibilities here? I assume our current contract is still valid until the end of the lease? I want to reassure her, but I need to also make sure I have that rental income in place until the end of the lease. Any advice on how to handle this?
Many thanks in advance,
Hi, I'm Barry Corscaden and I've worked in Residential Lettings, Sales and Property Management for 20 years during which I have spent a lot of time sharing my thoughts and insights on the property market in Belfast. I have two decades' experience in letting homes to thousands of people. I've learnt that new, experienced and aspiring landlords alike appreciate honest, practical investment, sales and management advice, and I'm always happy to provide it.
So I have decided to write a blog. Every week I will bring you investment advice, landlord Q&A with an expert member of my team, and all the market information, insights, news and views a landlord could need to get the most out of Belfast's thriving, dynamic residential sales and lettings market.