Guys,
Need some advice, probably from the landlords or agents. I'm renting same place for 3 years and was never late with repayments and all 3 years was on renewed 12 month lease every year. Few months ago had made decision to build own home due to some personal circumstances (otherwise I'd continue lease). Building is in progress and should be finished in October or November. Was planning to advise agent about it in August as this is time when I was normally getting new 12 month lease. My lease expires end of September.
But got a call from agency this week and they offered me new 12 month lease now. I had to refuse and explained that I'm building home. Also sent the same in the email with details and asking for me to go on periodic post September for few months until settlement.
Now still awaiting their response on this, but very worried that landlord may now give me a notice to vacate and terminate my lease at the end of September as I'm not planning to sign new contract.
Agent also advised me about rent increase and I said this is not an issue at all.
What does landlords normally do in this situations? I'm pretty sure my situation is not unique. It will be a challenge to rent something for 2 months for me and having two relocations.
This is all in Victoria.
Need some advice, probably from the landlords or agents. I'm renting same place for 3 years and was never late with repayments and all 3 years was on renewed 12 month lease every year. Few months ago had made decision to build own home due to some personal circumstances (otherwise I'd continue lease). Building is in progress and should be finished in October or November. Was planning to advise agent about it in August as this is time when I was normally getting new 12 month lease. My lease expires end of September.
But got a call from agency this week and they offered me new 12 month lease now. I had to refuse and explained that I'm building home. Also sent the same in the email with details and asking for me to go on periodic post September for few months until settlement.
Now still awaiting their response on this, but very worried that landlord may now give me a notice to vacate and terminate my lease at the end of September as I'm not planning to sign new contract.
Agent also advised me about rent increase and I said this is not an issue at all.
What does landlords normally do in this situations? I'm pretty sure my situation is not unique. It will be a challenge to rent something for 2 months for me and having two relocations.
This is all in Victoria.