I've been renting the same place for over 10 years, and I just got news my landlord has passed away from their spouse, who is also in bad health. They were always really nice to deal with and very fair with the rent and they knew they could get more but didn't up it in the recent rental madness going on.
I was asked not to pay it into the same account and await instruction as to where to pay it, which I hadn't got yet, but I forgot about the standing order I had set and now it's gone into the deceased's account.
I'm just looking for any advice on what may be best to do with the rent, can the payment be reversed and I can get in touch to find out where to pay it to?
Also, they have a few children between them and I wouldn't be surprised if the place is sold so I'm just trying to prepare for what may happen in that regard?
I've read it can take around 18 months for probate and all that to go through? Given I've been here over 10 years, how much notice do I need to be given? Also, not that I can afford it, but would I be entitled to any first refusal when it comes to buying the place, or it's solely dependent on who's the highest bidder?
Can the rent still only go up 4% per year under new ownership too?
Cheers for any help on this!