Grandma Death
Reconfiguring & Reconstructing
So some background. I moved into a 3 bedroomed terraced house in Swansea after a relationship breakdown. The landlord was doing the place up to move in but during that time her mother fell ill-so she decided to rent the place out to become a full time carer for her mum.
Although there's no guarantee of tenure in the private rented sector I was keen to get assurances-given the turmoil of the separation and the affect on my kids. So I asked her what would happen if her circumstances changed-would she want the property back. Her reply was a firm 'No I'd get another place'
In the five years Ive been there, to be fair shes been a great landlord. She recognises likewise Im a good tenant. Never missed a payment. Work from home so property is secure etc.
But she priced the place up to get on the rental market quickly (£525) which was, at the time, below the market rate.
In the 5 years Ive been there she's not increased the rent and Ive been expecting a rent increase. Low and behold-one landed on my lap. Its gone up by £300 to 825. She's given the necessary notice. What this means to me though-I cant afford to live here anymore. Along with the rises in council tax and gas/ele-if I accept this £300 increase my household outgoings for all three have increased to £550 (Ive not even taken into consideration food price hikes, diesel etc)
Ive done some limited research and Ive formally rejected the rise with a view to try and negotiate the rise with her. My question is, if she refuses and wants the full increase...what are my options?
What she said years ago about finding a new place if her circumstances changed have any legal muscle?
Or am I fucked? I dont by the way have primary custody of my children-just 3-4 nights a week. Im also paying off an IVA too so I have other financial pressures as well.
Any help or guidance would be most appreciated
Although there's no guarantee of tenure in the private rented sector I was keen to get assurances-given the turmoil of the separation and the affect on my kids. So I asked her what would happen if her circumstances changed-would she want the property back. Her reply was a firm 'No I'd get another place'
In the five years Ive been there, to be fair shes been a great landlord. She recognises likewise Im a good tenant. Never missed a payment. Work from home so property is secure etc.
But she priced the place up to get on the rental market quickly (£525) which was, at the time, below the market rate.
In the 5 years Ive been there she's not increased the rent and Ive been expecting a rent increase. Low and behold-one landed on my lap. Its gone up by £300 to 825. She's given the necessary notice. What this means to me though-I cant afford to live here anymore. Along with the rises in council tax and gas/ele-if I accept this £300 increase my household outgoings for all three have increased to £550 (Ive not even taken into consideration food price hikes, diesel etc)
Ive done some limited research and Ive formally rejected the rise with a view to try and negotiate the rise with her. My question is, if she refuses and wants the full increase...what are my options?
What she said years ago about finding a new place if her circumstances changed have any legal muscle?
Or am I fucked? I dont by the way have primary custody of my children-just 3-4 nights a week. Im also paying off an IVA too so I have other financial pressures as well.
Any help or guidance would be most appreciated