30-12-2023, 09:33 AM
This relates to land being sold. Property owners have always been allowed to evict tenants when selling or doing major renovations - even under the changes made by Labour.
I agree the whole thing is unfortunate, but we have no idea what the circumstances of the sale are and it looks like ownership has been up in the air while going from investment fund to investment fund for a while so if the sale depended on that particular settlement date there's probably not much option for flexibility.
Very sad for those who will struggle but it's clear from the article that the tenants have known for some time that it was going to happen and that they have been living with cheap rent. Hopefully they will get the help they need to find good solutions.
I agree the whole thing is unfortunate, but we have no idea what the circumstances of the sale are and it looks like ownership has been up in the air while going from investment fund to investment fund for a while so if the sale depended on that particular settlement date there's probably not much option for flexibility.
Very sad for those who will struggle but it's clear from the article that the tenants have known for some time that it was going to happen and that they have been living with cheap rent. Hopefully they will get the help they need to find good solutions.