MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
I am just about to let out my property (which is leasehold) and it has just occurred to me that I have not informed the leaseholder. Should I do so now (the guy has only just said yes)?
What are the likely repercussions if I do not? Equally if I do contact them are they likely to change me anything etc?
Thank,
Moe
Wasn't aware that you had to tell them jack..
See what it says in your lease.
According to section 19 Landlord Tenant Act 1927 if you are restricted to subletting then it would be stated in the lease, any refusal can also no unreasonably withheld. Now this is to do with commercial property, i assume that's what your talking about...
Residential i'm not sure about the laws there.
Also may be of interest to know that when you assign the lease, all rights and responsibilities will pass onto the new tenant, under section Landlord and Tenant Act 1995. Again applies to commercial property, not sure about resi.
Having said that i would deffinatly notify the Freeholder.