Regulated Tenancies and Tenants

Regulated Tenancies and Tenants

We Buy Regulated Tenancies and Tenants which are Tenancies that started before 15th January 1989 and come under the Rent Act 1977.

After the 1989 Act tenancies are either Assured Short-hold tenancies or Assured. Regulated tenancies post this act happen in limited circumstances. Regulated tenants are different from sitting tenants.
Regulated tenants have some very stringent rights:

  • A landlord cannot evict a tenant unless a possession order is sought from the courts (Even then it can happen under certain situations).
  • When the tenant dies and a spouse or family member is living with thme at the time, the protected tenancy is inherited by the family member or spouse
  • A tenant or landlord can apply to the valuations office or council for a fair rent to be registered. The rent is reviewed periodically and the landlord cannot charge more than the rent registered.
  • The tenant can apply for housing benefit.
  • Landlords are responsible for structural repairs, it may be possible to apply for  a local authority grant for some repairs.
  • Eco grants for heating and insulation may be available for tenants on housing benefits.

Investors are attracted to these properties as they are usually 50% of market value and rental yeilds work due to the initial capital investment.

We Buy Regulated Tenancies and Tenants

Our process is simple and transparent, throughout every step of the way.

Selling with Regulated Tenancies and Tenants

Investors usually fall foul of not recognising a regulated or protected tenancy and there are serveral things to look out for

Properties are marketed at low prices. This is a major alert as to whether the property has a protected tenancy or some other property issue. The issue of a regulated tenancy can quite easy resolved by searching the ‘fair rent’ register. This come into effect 2003. It is not comprehensive but a great start. Invariably a solicitor will identify wherether is a problem and identify early on in the sales process.

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Jeff Caves

Dudley Building Society

Thorough and professional with their affairs

Dudley Building Society has excellent business relationship with Mr B Tiwana and Mr A Soar. I wish all borrowers, particularly property landlord were as thorough and professional with their affairs.

Ian Jakes

Jakes & Co Solicitors

Trustworthy never heard any complaints

I have acted for The Property Buyers as a solicitor in connection with many transactions over the years. I have always found them to act in a professional manner, I consider them to be trustworthy and I have never heard any complaint concerning their business.

Stephen Peece

Loughborough building society

Convenient and flexible services

We have worked in partnership with The Property Buyers for nearly 16 years. We have been impressed by the standard of both their organisation and the condition of their properties. Since taking their first loan with Loughborough , The Property Buyers have been completely professional in dealings with and their business has prospered as a result.

Mr C P Westalke

Clayton Mott Solicitors

Hard working, conscientious and reliable

I have acted for The Property Buyers with somewhere in the region of over two hundred transactions since 1997. I am very pleased to be able to recommend them for being both hard working, conscientious and reliable and known for their professional approach in business matters.They will go to considerable lengths to ensure that the finance is in place for when the same is required.

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