Go Back   PomsInOz Forum > Forum > Living & Working In Australia > Renting & Real Estate

Notices

Renting & Real Estate Renting and real estate discussion on properties in Australia.


Reply
 
Thread Tools
Old 16-07-2008, 06:31 AM   #1 (permalink)
Junior Member
 
Join Date: Jul 2008
Location: Gold Coast
Posts: 7
Babes-in-Oz is on a distinguished road
BREAK LEASE - Anybody done it??

Just wondered if anybody had been through breaking a lease early. We are leaving a tenancy before the end of the lease and have been told we will be responsible for the rent up to them finding a new tenant. We unfortunately signed up for 12 months and will have 6 months left on it when we return to UK. Obviously I am a little concerned if they do not find another tenant quickly leaving us to pay the rent for possibly 6 months!! The property we are in is really nice but there does seem to be other properties in the area that are not renting out and which are cheaper than ours. Anyone got any information or any advice which would be greatly appreciated. Thanks.

Babes-in-Oz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Sponsors
Old 16-07-2008, 06:47 AM   #2 (permalink)
PIO Pink Princess
 
chellem's Avatar
 
Join Date: Jan 2007
Location: Beerwah, sunshine coast
Posts: 2,096
chellem is a splendid one to beholdchellem is a splendid one to beholdchellem is a splendid one to beholdchellem is a splendid one to beholdchellem is a splendid one to beholdchellem is a splendid one to behold
hi im afraid you will be responsible for the lease til they find a new tenant and they can also ask you to pay for advertising too

chelle
__________________
Meet & Greet . Car Hire . Accommodation
chellem is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 06:48 AM   #3 (permalink)
Moderator
 
calNgary's Avatar
 
Join Date: Sep 2005
Location: From Bury,Manchester To Jimboomba, Brisbane
Posts: 6,458
calNgary is a splendid one to beholdcalNgary is a splendid one to beholdcalNgary is a splendid one to beholdcalNgary is a splendid one to beholdcalNgary is a splendid one to beholdcalNgary is a splendid one to beholdcalNgary is a splendid one to beholdcalNgary is a splendid one to behold
Hiya the agency is right ,however it shouldnt take long to re-let a property in the current market ,where on the Gold Coast are you,maybe put a post on here so any newcomers have a head start at grabbing a house,when is it vacant from and what sort of house etc ,,i will also mention to clients coming over if it fits their criteria
hope you sort it good luck
Cal x
__________________
Jimboomba relocations & short term furnished accom ,
specialising in families , covering Brisbane , Gold Coast &Sunshine Coast areas.
www.brisbane-relocations.com
www.jimboombarelocations.com
calNgary is online now  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 06:52 AM   #4 (permalink)
*Ecstatic*
 
ItsJo's Avatar
 
Join Date: Aug 2005
Location: **In a Castle of course**
Posts: 5,364
ItsJo is a name known to allItsJo is a name known to allItsJo is a name known to allItsJo is a name known to allItsJo is a name known to allItsJo is a name known to all
Send a message via MSN to ItsJo
As Chelle says, you can be liable to pay the rent until the contract time is up..You can also be liable to pay for advertising of the property to new tenants..
I broke my lease but fortunately I had a very understanding landlord and as I was able to fill it with new tenants there were no advertising fees charged either.
Did you rent it privately or through an agency?
Either way have a word with them and see what they suggest
x
__________________
Meet & Greet . Car Hire . Accommodation
ItsJo is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 06:55 AM   #5 (permalink)
Senior Member
 
taffy 62's Avatar
 
Join Date: Apr 2008
Location: Brisbane but heading back to Victoria 3 weeks to go!
Posts: 339
taffy 62 has a spectacular aura abouttaffy 62 has a spectacular aura about
Yep thats true we had to break our lease in vitoria we had 8 weeks to go and had to keep paying the rent until they found someone which took them 4 weeks, as they are not too bothered as the rent was being paid. we also had to pay advertising fees.
We have 3 months on our lease here and i would love to break it and move back to wodonga tomorow if i could but we dont want to run the risk of having to pay 2 lots of rent (even though i dont think it would be a problem for them to re let this place as properties are in demand in brisbane.) as we wont be working initially and will have to live off our savings wich would be hard.
taffy 62 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 06:57 AM   #6 (permalink)
Junior Member
 
Join Date: Jul 2008
Location: Gold Coast
Posts: 7
Babes-in-Oz is on a distinguished road
Thanks for those replies. We are on Jacobs Ridge Estate in Ormeau. The property is a 3 bedroom lowset with a separate study. The fittings are, to me, better quality than the standard houses you can rent hence we pay $450.00 per week. We are renting through an Agency who say they will advertise it 2-3 weeks before we are due to leave. Surely if I give them a date now they can start to advertise it !! So I can find my own tenant and put them forward to the Agents? Many thanks.
Babes-in-Oz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 07:01 AM   #7 (permalink)
Senior Member
 
taffy 62's Avatar
 
Join Date: Apr 2008
Location: Brisbane but heading back to Victoria 3 weeks to go!
Posts: 339
taffy 62 has a spectacular aura abouttaffy 62 has a spectacular aura about
Sorry may i ask how long you have been here in oz and why are you going back?
It seems there are a lot of people going back or unhappy in qld just lately especially from the brisbane area.
taffy 62 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 07:06 AM   #8 (permalink)
Junior Member
 
Join Date: Jul 2008
Location: Gold Coast
Posts: 7
Babes-in-Oz is on a distinguished road
We will have been here just short of 18 months when we return in September. We have various reasons for returning but feel it has been a great experience. I have two teenage kids who are back in UK - one of which came with me but returned after 5 months, Husband cannot get into a Management position and basically we have tried it but it is not for us. You do not know until you have experienced everything for yourself how you will feel. Thanks for asking.
Babes-in-Oz is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 07:11 AM   #9 (permalink)
Senior Member
 
Join Date: Jan 2008
Posts: 353
itskaren will become famous soon enoughitskaren will become famous soon enough
Quote:
Originally Posted by Babes-in-Oz View Post
Just wondered if anybody had been through breaking a lease early. We are leaving a tenancy before the end of the lease and have been told we will be responsible for the rent up to them finding a new tenant. We unfortunately signed up for 12 months and will have 6 months left on it when we return to UK. Obviously I am a little concerned if they do not find another tenant quickly leaving us to pay the rent for possibly 6 months!! The property we are in is really nice but there does seem to be other properties in the area that are not renting out and which are cheaper than ours. Anyone got any information or any advice which would be greatly appreciated. Thanks.
We broke our lease in mt Martha. We had 4 months to go. So annoying as it cost us a fortune. Still I was happy to see the back of it.
itskaren is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 16-07-2008, 07:11 AM   #10 (permalink)
Senior Member
 
taffy 62's Avatar
 
Join Date: Apr 2008
Location: Brisbane but heading back to Victoria 3 weeks to go!
Posts: 339
taffy 62 has a spectacular aura abouttaffy 62 has a spectacular aura about
Thanks for your reply. I wish you all the best.
I agree you have to try or you will never know and always wonder.
Same here I have only moved interstate but realise now it was a mistake, but it was something I kept thinking about and the only way to get over it was to do it, but at least I know now and when I go back should be able to settle. (well lets hope so anyway lol).


taffy 62 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Sponsors
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hiya.Advice lease if possible ANDYLISAJESS Migration Issues 7 27-06-2008 09:45 AM
RENTAL In Butler Perth 4x2 Lease Break Mark & Debbie Renting & Real Estate 1 20-05-2008 11:20 AM
lease break pacific pines!!! donovan Renting & Real Estate 1 19-05-2008 07:12 AM
Owner wanting to break lease..any experiences please EM&M Renting & Real Estate 13 22-02-2008 05:01 AM
4x2 in Ellenbrook for Lease - available NOW!!! ricky&sara Western Australia 0 28-12-2007 01:04 AM


All times are GMT +1. The time now is 12:28 AM.

Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0
Copyright © 2008 PomsInOz.com
Ad Management by RedTyger