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Rights of tenants (if any) under bank repossession

  • 18-09-2013 8:22pm
    #1
    on_my_oe
    Registered Users, Registered Users 2 Posts: 991 ✭✭✭


    We have been renting our apartment for two and half years, and pay monthly in cash. The agent refused to allow payment by standing order but we did get a lease, a PTRB letter and a rent book.
    About two months ago we discovered the owner hadn't been paying the mortgage or management fees from a debt collector knocking on our door. This made sense as we had been receiving an increasing amount of mail for the owner from the bank (our own statements come from same bank, so recognised the address) and a solicitor (logo visible through window of envelope).
    The agent has informed us we have to move out immediately as if the property is repossessed, we will be given 7 days to vacate by the repossession agent.

    Do we have any rights as we don't think the owner has a BTL mortgage? Is there any value in contacting the solicitor and trying to rent the property from the bank?


Comments

  • #2
    johnnyskeleton
    Moderators, Entertainment Moderators, Politics Moderators Posts: 14,535 Mod ✭✭✭✭johnnyskeleton


    We can't give legal advice here but if you go into your local FLAC centre or contact Threshold with your documents they can tell you what the options are.


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