There is nothing to stop a landlord selling a house with tenants living in it. When this happens, the person who buys the house takes over as landlord and has to stick to the existing contract. This means that apart from paying your rent to a different person, everything else (such as the amount of rent and the length of the contract) stays the same.
If you have a resident landlord the rules about what happens when the landlord sells the house are more complex. If you find youself in this situation contact the Student Advice Centre for more information.
If your landlord has a mortgage on your house and s/he falls behind with the payments, the mortgage lender could take legal action to repossess the property. If this happens and the mortgage lender is granted possession, most tenants have no right to stay. This is because most contracts between a landlord and a tenant are not binding on the landlord’s mortgage lender.
Your contract might be binding if:
If your contract is binding the mortgage lender will become your landlord and can only make you leave by following the normal eviction rules. For more information, click here.
If your contract is not binding you could:
If you find yourself in this position and need further help or advice please contact the Student Advice Centre.
Page updated 15 June 2015