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Hello my name is ***** ***** I will help you with this.
Worst case is that the contracts are exchanged, completed and the tenant refuses to pay rent etc.
In that case all you need to do is serve notice to quit and issue Court proceedings.
Technically the old tenancy comes to an end once you have purchased the property, unless the old AST says it can be assigned and that is unlikely.
So in short the tenant would be living there without any form of contract, or protection
That means you could apply for possession straight away after a notice to quit
But there are no real risks as this is an AST tenant.
Can I clarify anything for you about this today please?
That is very reassuring. If I serve notice for the tenant to quit, will that take a long time, and could he potentially decide to destroy my property in the meantime, and then I would be without rent for the time period and not able to get into my property. I am thinking of asking the seller to compensate me for eventualities. What do you think?
How long does it take to serve notice to quit. I think I would have to pay court costs and get a solicitor. I would be without rent for as long as the court takes. What if he doesn't go. What if he ruins the flat while there? I think I would have to see the contract the rental payments. What about asking for a reduction in price of flat to cover any unforseen problems. Can I get a solicitor to handle the tenant in situ without telling my own solicitor. What do you think the costs of the problems be roughly
The notice to quit takes 1 month and then a further 4-6 weeks for possession. If he damages the property then it would be criminal damage.
As for Solicitor you wont need one, but you will need to pay the Court fee. You can get another Solicitor to deal with the tenant without telling your current one yes.
Does that help?