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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Landlord showing around buyers in our family home flat :(

128 replies

Dragontale · 10/06/2024 11:30

Our landlord wants to sell our flat. We've been here 16 years and are raising our children here.

Firstly, we'd actually like to buy it ourselves and it would be possible for us financially. The reason we didn't ask to buy it was that we didn't realise it was up for sale.

We're gutted. I'd really like some advice from you please.

How can we get the potential buyer to pull out? We'd like to buy the flat ourselves without going into a bidding war.

Not sure if this makes a difference but the landlord is an investment fund, not a private BTL landlord.

AIBU to think we could get the landlord to sell to us instead? And if you know what we could do please let me know

OP posts:
Dragontale · 13/06/2024 00:22

We just need to wait it out and see what happens / if someone buys the place. then hope that we don't get priced out rent-wise. Then take it from there. We might ask someone higher up at the landlords if we can offer on one or both flats but it looks like we're small fry.

OP posts:
Nat6999 · 13/06/2024 01:18

Could you ask the other residents if they are interested in buying so you could all put in a joint bid for your flats?

renoleno · 13/06/2024 01:39

Can't imagine an investment fund wanting to sell 2 flats in a mixed use commercial residential block as it becomes less desirable to other funds. It means potential buyers can't wholesale do anything to the block, like redevelop it, without negotiating with individual owners. Too much faff.

I think now is the time for you to look for your own home, not this one, but something you can buy. Because your future is entirely dependent on a steady stream of landlords. You've had 16 good years in your flats, but can have many many more somewhere of your own.

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