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    lovemypug's Avatar
    lovemypug Posts: 1, Reputation: 1
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    #1

    Oct 11, 2012, 05:45 AM
    Buying lease
    I'm currently private renting and my landlord recently served us with a section 21 but yesterday we had a chat and he said only reason he wants us to go is so that he can sell he's lease, he suggested if we would like to buy the lease from him paying a certain amount each month until all is paid of I just want to know is this something we can do?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Oct 11, 2012, 09:02 AM
    Do you not want to buy ? What do you want to do?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    Oct 11, 2012, 10:08 AM
    And where is this? Laws vary by area. If you landlord is the lease holder, he is already subletting to you. So I'm not sure what buying his lease does for you.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #4

    Oct 13, 2012, 12:03 PM
    Quote Originally Posted by ScottGem View Post
    And where is this? Laws vary by area. ....
    UK: Assured shorthold tenancy - Wikipedia, the free encyclopedia

    I see nothing in this guide which suggests that the landlord may not sell his interest, so I am puzzled at OP's statement that "only reason [LL] wants us to go is so that he can sell [his] lease". Obviously, if a buyer wanted to live in the premises, the OP would have to go first. But the LL could sell the leasehold to a buyer who would become OP's new landlord.
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