I would like to leave now..what are the risks?

[robert0675]

Hi,

 

I signed in March 2008 a 2 year contract with my LL, I would like to leave soon though because I just lost my job, and cannot afford a place like that anymore..

It is written in the contract that I have to wait until the end of september 2009 to give a two month notice to the LL.

 

"This agreement may be terminated by the Tenants upon payment of £50 administration fee and the serving of Two months notice in writing not to be served before 22/09/2009"

 

I spoke to the landlords and he doesn't want me to leave before November 2009..

 

What do I really risk if I leave now? I know I can be reliable for rent..but what if I'm unemployed?

 

Thank you

[Planner]

If you leave now, your deposit will likley be retained and you will likley be taken to court for the outstanding rent up until the end of the contract/November.

 

There are various ways of the LL enforcing any judgement he may obtain against you, one of which is an attahcement to earnings order. When you are employed again, a portion of your wage will be deducted every week/month until the debt is satisfied.

 

Are you now now entitled to Local Housing Allowance/any other beinfits? Have you explored the possibility of someone else taking over the tenancy? Paying the marketing fees for the property to be readvertised?

 

I always think that it is in advisable to sign anything more than a 6 month contract as who knows how your own/landlords cirrcumstances are going to change? (not helpful now but for future reference).