Reasonable steps to dispose

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  • #44803
    chineseadviser
    Participant

    Hi

    New  Pensioners Claim.

    The claimant owns a second home which is valued at £90k. It had been tenanted for the last 20 years and the claimant served a tenancy termination notice to the tenant on 01/08/2012 in order to gain possession of the property for the purpose of putting it on the market as the claimant's savings has been deleted having been retired for nearly 25 years. The last tenant vacated on 31/10/2012 and the property is being renovated before putting it on the market.

    The claimant is arguing that the property should be disregarded under the taking reasonable steps to dispose rule from the date the property returned to the claimant on the basis that it is part of the process of taking reasonable steps to dispose the property.

    Any thoughts on this one.

    Thanks

     

     

     

     

     

     

    #126380
    Andy Thurman
    Keymaster

    Seems reasonable. If the property has been tenanted for 20 years, it is quite likely that a certain amount of renovation would be appropriate prior to sale. Has the claimant advised when they anticipate the renovations will be completed?

    #126383
    nick dearnley
    Participant

    Agree, it sounds reasonable to me.

    #126385
    chineseadviser
    Participant

    The claiman is expected the renovation to be completed in February 2013. The property requires a complete renovation as it is in a bit of a mess.

    #126386
    John Boxall
    Participant

    No reason why you cant sell it ‘as is’

    Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The blossom is blighted, the leaf is withered, the god of day goes down upon the dreary scene, and—and in short you are for ever floored.

    Wilkins Micawber, Ch12 David Copperfield

    #126387
    nick dearnley
    Participant

    There’s not, but I don’t see that its unreasonable to do it up to get the best price.

    #126388
    Kay_Tade
    Participant

    Well, he’s got till April 2013, at least, before you start pondering the question. Ala Sch6!

    So I’d say leave till then and enjoy the xmas. đŸ™‚ :santa:

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