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Will this allow me to end the lease early?

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  • 11-05-2014 10:54pm
    #1
    Adlem
    Closed Accounts Posts: 27 ✭


    I've been made redundant this week and my partner hasn't been able to find a job yet. There's no way we can afford the rent in our current house with rent allowance. If the landlord does not accept it, can we legally end our 12 month lease because we simply cannot pay the rent?


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    #2
    johnnyskeleton
    Moderators, Entertainment Moderators, Politics Moderators Posts: 14,505 Mod ✭✭✭✭johnnyskeleton


    No, but with the current rental market you should have no problem getting someone else to take up the lease.

    Sorry to hear about the job - hope you find a new one. You should be entitled to a redundancy payment from your employer to help in the short term


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    #3
    Nino Brown
    Closed Accounts Posts: 1,507 ✭✭✭Nino Brown


    You're not "entitled" to end the lease, but since you can't afford it, just explain your case to the landlord. In all probability you will lose your deposit, and they will find another tenant, there's unlikely to be any drama.


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    #4
    odds_on
    Closed Accounts Posts: 1,869 ✭✭✭odds_on


    As jonneyskelton indicated, you are entitled to assign the remainder of the lease to another suitable tenant (with the written permission of your landlord. As it is you who are breaking the lease, it is up to you to pay any costs in find the new tenant. You are also responsible for the rent until the replacement tenant takes over the lease agreement. The longer you have left on the lease may help to assign the lease more quickly.


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    #5
    the groutch
    Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    Nino Brown wrote: »
    You're not "entitled" to end the lease, but since you can't afford it, just explain your case to the landlord. In all probability you will lose your deposit, and they will find another tenant, there's unlikely to be any drama.

    it wouldn't be an automatic loss of deposit.
    assuming rent is being paid in advance rather than arrears the OP will probably be paid up for a few weeks from now.
    so it's only time that the apartment is empty from then onwards, plus documented costs associated with finding a new tenant, and damage beyond normal wear and tear that can be deducted from the deposit.


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    #6
    garhjw
    Closed Accounts Posts: 1,424 ✭✭✭garhjw


    speak with the landlord and explain your situation. As other posters have stated, there should be no problem re-letting the propoerty in a timely fashion. The landlords main concern will be ensuring the property continues to generate revenue (he probably has a mortgage on it).

    sorry to hear you lost your job. best of luck..


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    #7
    Victor
    Registered Users Posts: 78,420 ✭✭✭✭Victor


    You should be entitled to assign the lease to new tenants. If you do this, it would likely mean the landlord will be happy. The landlord is likely to insist on tenants of good standing, no worse than what was required of you.


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