Regulated tenancy

**PRC1964** · 10 July 2006, 14:16

They have that sort of thing in Spain & Portugal. It's a complete pain in the arse.

Avoid.

**Numptycorner** · 10 July 2006, 14:20

Most tenancies before 1989 are regulated. My theory is the tenant is likely to be an old foggy. Once they die the house is yours.

**PRC1964** · 10 July 2006, 14:25

Do they have the right to transfer the tenancy to their children? That's the real killer in Southern Europe. Oh, and protected rent (at way below market value) too.

**Numptycorner** · 10 July 2006, 14:27

My understanding is, in the UK you can pass to a spouse but if you pass to children it reverts to assured shorthold.

**sasguru** · 10 July 2006, 14:31

Keep well away. What's the advantage?

**Numptycorner** · 10 July 2006, 15:18

You buy cheap (half market value), take the rent until you sell on at a massive profit several years later.

**Lucifer Box** · 10 July 2006, 15:27

Originally posted by Numptycorner

You buy cheap (half market value), take the rent until you sell on at a massive profit several years later.

You can only hope it's several years. Could be several decades if the old coffin dodger in situ hangs on and on.

Nightmare scheme - avoid.

**Ruprect** · 10 July 2006, 15:42

Maybe he should have butted her.

**Fungus** · 10 July 2006, 18:08

Originally posted by Ruprect

Maybe he should have butted her.

Roger her up the waste shoot? Tackle her Zidane style? Place her against the side of a cathedral, and instruct her to lean forwards and rest her outstretched arms against the wall?

Regulated tenancy