We have been in this rented accommodation for nearly 7 years and just a few months [same address] with a new landlord [son of the previous landlord] and my communications with the new landlord regarding some repairs that need to be done seem to be falling on deaf ears.
I am fairly certain he struggled to get a mortgage for this place and am worried that he might default as it is unlike him not to respond within a few hours - it has been 3 days. I am fairly sure that if that happened the mortgage company would foreclose and we would have to move, perhaps hastily.
We do not have, actually have never had, any insurance and I think it is about time I rectified that situation. Is there a good [cheapish] company out there that you folk could recommend? Also, do you think it possible to insure ourselves against sudden foreclosure and ameliorate some of the costs?
Thanks, R- MODS: Please move this topic If this is the wrong thread.
The law doesn’t change just because someone doesn’t pay their bills, so a bank cant just kick you out. They have to let your live out your tendency agreement, or give you 2 months notice if your on a rolling agreement.
The only time this isn’t true is if your landlord took out a normal mortgage and your were never allowed to live there in the first place.
As for insurance, you’ll probably really need to shop around, it can depend on property area.
I actually still think you have a right to remain in the property - the mortgage doesn’t preclude the owner of the freehold the ability to enter into tenancy agreements - it would just be a breach of the mortgage Ts&Cs - this being because the OP was in the property at the time the new mortgage was granted.
As long as it is an AST - you should be okay. There are naturally exceptions.
Thanks, @kolok. The insurance would just be for contents. We are not going to repair anything if he doesn’t. Might need a word in his Dad’s ear. R-
Probably always a good shout to have contents insurance - although I can’t see why any repossession attempts by a lender (if the landlord were to stop making mortgage payments) would affect your contents.
Hopefully he just needs a clip round the ear from the old man and that’ll get him to do the repairs.