Regulated tenancy

[Fungus]

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?

[Ruprect]

Maybe he should have butted her.

[Lucifer Box]

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.

[Numptycorner]

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

[sasguru]

Keep well away. What's the advantage?

[Numptycorner]

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

[PRC1964]

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]

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]

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

Avoid.

[Numptycorner]

Has anyone on here bought a house with a regulated tenant. I know they can stay indefinitely, but can/has it worked for you?