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LeaseDebt

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  1. Hi @lolerz I knew that I may be fully liable on this matter. I was just hoping to limit the damage really. But an agreement is an agreement. The total amount due is £4,307. Thanks again for your help.
  2. @lolerz The deposit would not cover the arrears as they are but close to what I think they should be, If landlord had mitigated losses. In writing by email and it states, (The 'other unit' mentioned below my unit). 'We usually do take a £2,500 deposit on Unit 72 now, but if you were to take the other unit, would you like to put the rest towards that? As them smaller units we take £1,500 Deposit. You would get £1,000 back from this, are you happy with that? However, with the units returned and as part of the original company striking off. I think they have allocated the deposits to these loses. Statement of Account Upload.pdf
  3. @lolerz I have just noticed that a £1500 deposit that was to be allocated to this unit when downsizing has not been taken off the statement. I will scan and upload the statement of account now also.
  4. Letter uploaded from the solicitors. I have been in touch and requested a 28 day extension for the reply while advice was saught. They agreed. I have uploaded the cover letter which is the main part. Also added other sheets they attached for me to complete (Not sure I would even fill these out at all) I think this will be down to making them a reasonable offer in full and final settlement. I am just getting back into work but it's on minimum wage and so they may want to get this over and done with. but I am no expert. Thanks again. Northern Trust Upload.pdf
  5. Thanks @Nicky Boy and sorry I missed that. @lolerz Uploading now. Thanks for the reply
  6. Hi all. Just wondering if anyone can help out with this at all? Sorry to be a pest. Thanks
  7. Hi All. I have now received a Notice OF INTENDED LEGAL PROCEEDINGS from the solicitors acting on behalf of the landlord in this matter. I will scan and upload the same soon. I wanted to ask before though. 1. I returned the keys to the landlord around 28 August 2023 and explained that the business was no longer trading and that I was not in a position to pay the rents. The landlord responded to this by email 30 August 23. Not happy and wanting to return the keys back to me. This did not happen. 2. 20 October, 2023. I emailed the landlords again to confirm my inability to pay any rents due to unemployment and asking if there was a solution to resolve this matter. They replied this was doubtful. 3. 12 Jan, 2024. I emailed again to further confirm that the keys had been returned and that I would likely need to claim benefits soon. My question is this. I know and agree that I should pay the landlord some monies but I think I would like to pay to the date I handed the keys back (28 August 23). I know they will probably want more. But I also think that the landlord may have had a responsibility to mitigate their loss rather than leaving me to stress 3 times I can not pay. Instead leaving it for several months later before using solicitors and threat of court action. Am I being silly? Thanks
  8. Thanks Yes all communication has been by email. I was thinking of a 'friend' making an enquiry about the unit being empty. I will get onto that. Thanks again
  9. Hi all. It's been a while since I posted on this matter. I am wondering what the landlord and agents are up to. I have been in touch with them and the billing departments (As they are still sending out invoices for the personal lease). I have explained that 1. I am now unemployed and although have limited savings, it looks close to my having to claim some sort of benefits unless I can find work. 2. The keys are back with them and I will not be returning to the property. 3. When they have a final statement, I would be happy to look at negotiating a full and final settlement. No reply at all from them. I understand that I am on the hook for this. But to me, as I am unable to find a new tenant for them, they, are bound to mitigate their potential losses by re-letting the unit. Am I right here or is this pie-in-the-sky thinking on my behalf? Thanks again for your help.
  10. Thanks There is a break option after the first 12 months. I was thinking of offering them the 1 years rent as lump sum, but payable over say a 6 month period. They are popular small units and easily let. Not allowed to sublet. I will think and look to approach them.
  11. Hi again. Was wondering if there was any advice on my last post above? I would like to approach the landlord with a possible fix (Not sure what this is yet) but wonder if there is a best way to go about this and hopefully avoiding court, CCJ's etc? Thanks
  12. Thanks Sorry about the late reply. Been working away. On the lease. It was taken as part of the downsize of business and in my own name. I have asked the agents to landlord to help with this and understand they don't really need to. Latest reply from them was ' Unfortunately we cannot accept the keys for Unit 48 as it is in your personal name, and the Landlord expects you to abide by the terms of the clause. You have signed for a three year agreement. The agreement does allow for a break at end of year 1. I currently have great credit and have never had issues with debt. I would like to avoid issues but not really sure of the best way to go to resolve the rent issue. Any tips? Thanks
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