Hi,
Firstly apologies if this is in the wrong section - I couldn’t see one for renting.
We are currently in the process of buying our 2nd house (where we will be living; we sold our first house already). We are currently renting in between.
We are on a 6 month contract which goes to monthly rolling afterwards, with a required notice period of 1 month from either party. We’re currently in the 6th month. When we entered the house buying process, it was suggested/hoped by the vendors that we would complete by the end of November/first week of December. Currently we’re still waiting on the vendors’ solicitors to respond to enquiries, and whilst we have no indication of any major problems at the moment, we’re starting to get a bit twitchy about whether completion in the first week of December is now feasible.
Our tenancy renews on the 12th of each month so realistically if we want to be out by 12th Dec and pay no further months rent, we would need to serve our 1 month’s notice today.
If the purchase goes through as planned, this will be fine. If not, we may have to rescind our notice/have to request a further month in the rental. Our landlord is currently marketing the house for sale so I can’t see him wanting to rush another tenant in after us.
If we don’t serve notice now, and the house purchase goes through ok, we’ll be paying rent for a month more than we need to while the property sits empty.
Is it reasonable to give tenantive notice but ask if we could have the option to extend if anything goes wrong with the house?? Or do we really need to commit and just accept we might lose a month’s worth of rent if we’re out by early December.
Any advice would be greatly appreciated, thank you 🙏