Mutual Exchange
Are you a council tenant or housing association tenant wanting to move home? Mutual Exchanges, for many, maybe the only option afforded to them in the pursuit of a property and area that meets their needs. When you do a mutual exchange the tenants involved swap tenacies replacing their old obligation to the old landlord with the new tenancy agreemant for their new home.
Many councils and housing asscoiations have opted out of providing information to their tenants wishing to do a mutual exchange. Tenants are now expected to find their own mutual exchange and make the necessary arrangements which are then agreed by the landlord or denied.
All tenants wishing to carry out a Council House Exchanges must apply to their landlord’s for permission to exchange. The Landlord has a maximum of 42 days from receipt of the application by which to provide the tenant with a written decision. If the written decision has not been provided within the 42-day period the Landlord cannot prevent the mutual exchange from going ahead. There is no magic formula for getting the mutual exchange that you require! It can take many hours of website searching, many subscription payments to various websites, and many cases a lot of disappointment and irritation. But when your mutual exchange has been agreed, approved, and complete the satisfaction, happiness, and contentment achieved can be second to none.
Once you have found your mutual exchange you need to inform your landlord, who then has 42 days within which to disallow or agree the mutual exchange. It may take a much shorter period of time to get the “thumbs up” from your landlord depending on how quickly the housing officer comes to inspect your property. Once the agreement to the mutual exchange has been received the tenant needs to give 28 days notice to his/her landlord of intention to end their tenancy, after this time the exchange date should be set.
There are many reasons for wanting a mutual exchange: a bigger home required; a smaller home needed; need to be close to family; illness; divorce; or, just a fresh start. With social housing landlords having fewer properties to offer despite growing demand for accommodation not everyone’s needs can be met. Mutual exchanges allow tenants to move around without affecting the limited stock available to new tenants.
If you are a social housing tenant wanting to move for whatever reason, then the quickest way to do this may be through a mutual exchange. Social housing tenants consist of all secure local council tenants, secure housing association tenants and charitable housing trust tenants. However, many of these landlords no longer compile lists of tenants wishing to exchange.
The process of a Council House Exchanges is where both or all parties wishing to move have agreed that they are willing to move into each other council, housing association or charitable housing trust properties. The tenants swapping tenancies thereby, becoming responsible for each other’s rent and tenancy obligations do this. Mutual exchanges give social housing tenants the opportunity to live in the property and area that meets their needs.
Tags: Council House Exchanges, Home swapping, Homes swap, Mutual Exchange, Mutual Exchanges, Mutual Home swap
