(Sorry was catching up on OJs threads . Puts it in to perspective, I should be glad I have the opportunity to house 7 people for very little rent)
Aubergine, you are very helpful, not a busybody at all.
The other letting agency was pleased with the tenant, said wold not have doubts letting to tenant again, paid the rent on time. Etc.
I dont want to have a void. The rent will cover the higher mortgage when I do decide to complete on that, and give us a nice surplus NOW. The rent is at 1603 per month, so not bad. The increase is built into the contract with a inflation rate increase after a year, between 5-8 %.
Now I understand what you mean about breakclause. There is none. But I can maybe ask to have one in the new contract.
In all honesty, my next door neighbour (not my "mole") is such a headcase, I have been really worried about having a single mum with two young children there. In a sense, it is a relief that she has somebody with her. They seem bolshy enough to not put up with any crap (she dumps her rubbish unbinned on my property, etc, etc. But have nice qualities too, and is only "bad" when her partner has a violent period). I dont feel too bad about it now. I am not exstatic, but it could be far worse.
I know what her kind is like (and I hope that is not patronising), family loving and family oriented, not into drinking and partying, community spirit, etc. I lived in India some time, as the only white in the neighbourhood, in an upstairs flat with two local families beneath me, they were many, but you would search long and hard for a nicer bunch of people. My dh works in India quite a lot. We have lots of Indian friends, in fact we have Indian people in the house at least for two months of the year. My biggest worry was the ramifications of having so many adults living there which was not named on the contract.
And, I was really pissed off at her negotiating the price down on account of being single mum of two, when the situation is differnt. Shrewd woman, for sure!
I have learnt a lot. When letting out property, think with your head not your heart. It is MY HOME (and my furniture, and my bloody tv, and my friggin fridge), but should be viewd from a business point of view only from now on. It will be costly to break out of the contract, and demand TIME I dont have, and for sure my DH dont have.
So I think we will have to put it down to experience and hope for the best.
After all, the property was on the market for over 2 months. It was too far from the tube for most people, wanting to commute to the city. It is a really nice house. Adjacent to a green where kids play out. In a nice and quiet street with no through traffic. She got herself a good deal. I hope it will work out.