Can Argyle terminate the Lease early?
Legally yes but it is very unlikely we would ever wish to do so. We would only terminate in certain circumstances, for instance: • You do not carry out your own obligations. • The house is destroyed beyond early repair. • The Council asks us to agree to assign their sublease to a Housing Association and that Housing Association will not agree to continue the terms of the sublease. The Council will only be able to request an assignment of the PSL/Choice sublease if there is a change in the Councils own statutory obligation to house homeless families. Most professionals working in social housing do not think this is very likely in the next few years. • If funding for either scheme ceased due to some factor such as a change in political policy or Ealing Council became bankrupt. We at Argyle regard this as an unlikely risk, but like most things in life, nothing is guaranteed.
