Quizzes & Puzzles5 mins ago
Bought And Rented Back To Friend
Hi All
I bought my freinds flat when she hit on hard times at the end off the sale she had 5,000£ left which she asked me to look after to cover the rent in case hard times came round again.She never paid any rent so the £ 5.000 has now gone and she is very erratic with her payments unfortunately I didn't insist on a contract and now she won't sign one have to got any way off getting her out as I now wish to sell the property to renovate my own any help would be much appreciated.
I bought my freinds flat when she hit on hard times at the end off the sale she had 5,000£ left which she asked me to look after to cover the rent in case hard times came round again.She never paid any rent so the £ 5.000 has now gone and she is very erratic with her payments unfortunately I didn't insist on a contract and now she won't sign one have to got any way off getting her out as I now wish to sell the property to renovate my own any help would be much appreciated.
Answers
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No best answer has yet been selected by herbie. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.As already said, you must do this properly. You must account for the £5K by quoting the monthly rent amount you agreed (when you made the verbal agreement for her to become your tenant) & showing it has now been used up in the rent which became due.
If you are unsure about doing this yourself then use a solicitor or go to the CAB.
If you are unsure about doing this yourself then use a solicitor or go to the CAB.