Ending tenancy agreement prior to commence date

Landlord Discussion
1

Hi,
Looking for some advice.
I have recently renovated my late father’s property, found tenants, both parties have signed tenancy agreement and the property is currently vacant.
Due to a change in my personal circumstances, (divorce), I need to find somewhere to live. My father’s house is my only financially viable option.
Can I cancel the already signed tenancy agreement? Their move in date is 16th Oct - what implications could this have. I don’t want to do this but my alternatives are non existent.

Many thanks.

2

they may take you for compo

3

That’s what I’m expecting, but what’s a reasonable figure for compensation? Property is a 2 bed mid terrace @ £1300pcm.
Would compensation be sought down legal routes or can it be arranged privately?
Such a headache.

4

i would try privately first

5

I’ve emailed them offering some form of compensation and waiting for their response.

6

If you have both signed and deposit paid they could hold you to the contract