- Your rent might go up both during and after the fixed term of your tenancy.
- You might still have to leave your home after the fixed term of your tenancy agreement.
- You might still be evicted during the fixed term if you break the rules of your tenancy agreement, for example if you fall behind with your rental payments.
- If the person or company buying your home gets into financial difficulties, the property might still be repossessed and you might have to leave.
- Because these schemes involve selling your home at a discount, you’ll inevitably get less money than you would if you sold it on the open market.
- Selling your home at a discounted price might affect your eligibility for bankruptcy or other forms of insolvency.
- when the rent can be increased
- the rent payable under the agreement
- the price the firm will pay for the property
- what happens if you fall behind with your rent
- the fixed term of your tenancy agreement, which must be at least five years
- the market value of the property following an independent valuation by a valuer with a duty of care to you.
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