Donate SIGN UP

Landlord valuation of rented property

Avatar Image
Mcvj | 12:37 Wed 05th May 2010 | Property
7 Answers
Hi guys,

I hope that you're all well - I was just looking for some reassurance.

I rent a two bed unfurnished property in Manchester City Centre, have recently broken up with my boyfriend and he has moved out so I am solely paying the amount. Now, i'm the first to admit that I've got an excellent deal here as it is a small amount by today's standards.

Yesterday afternoon the letting agent and Landlord had a valuation of the property which I am assuming is some sort of inspection. However, it has got me thinking that they a) want to charge me more, b) want's to sell the property or c) some other reason which would involve me having to leave the apartment.

Are there any occasions in which a landlord/letting agent would carry out a valuation for a reason not relating to me having to move?

Sorry but in my experience it usually takes a lot longer than 1 month to find an alternative home and I would rather start cracking if I'm at risk.

Many thanks in advance.
MCVJ
Gravatar

Answers

1 to 7 of 7rss feed

Best Answer

No best answer has yet been selected by Mcvj. 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.
Could be looking to put the rent up. They can only increase it by a certain % though.
Question Author
Thanks Ummmm. Thats another concern which wasn't mentioned in the post.

Are you aware of any websites where I could find the detail of that percentage?

Thanks in advance.
Have you got a tenancy agreement? He can't put the rent up until it's up for renewal.
the valuation might have been for buildings insurance...you could ask?
Question Author
Yes, there's no reason for me not to ask - I'm just being cowardly!

Thanks again
If the landlord wants you to leave he would have to give you 2 months notice anyway. But it could just be a remortgage or insurance valuation, or a rent rise.
Was it just the letting agent and/or landlord that came round? Did they actually say it was a valuation? You could be worrying unnecessarily. Are you sure they didn't say evaluation (i.e. an inspection to see if youre keeping the property ok)?

If the landlord is looking to sell the property I doubt if he would bring the letting agent around, unless the agent doubles up as an estate agent.

The amount of notice you would be given depends on whether you're in a fixed term (usually 6 months) or a periodic tenancy. If youre in a fixed term then you would have up until the end of the term, unless there's a break clause. If it's periodic then you would get two months notice.

Ring them up and ask them.

1 to 7 of 7rss feed

Do you know the answer?

Landlord valuation of rented property

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.