Breaking lease right before new lease starts
Hi All
Bit of a weird, but very fortunate, position and just not sure what the actual correct way is.
So we have been in our current rental coming up on 3 years with rolling 12 monthly fixed term leases. We had plans to likely leave at the end of the year or potentially the end of the next 12 months lease but with the outlook to buy a place in the near future. With this in mind we signed a lease at the end of March due to start mid July 2026 for another 12 months.
We have just had an offer accepted on a house with settlement due at the end of June. We submitted our form 13 notice of intention to leave and it falls within the current lease before the new one starts.
Questions:
Are we breaking the new lease and therefore liable for 4 weeks reletting fees as 100% of lease remaining?
OR
Are we breaking our current lease and therefore only 1 week due to under 25% remaining? If so, what does that mean for the future lease we have signed?
As it is over 2 months until our notice to vacate date what constitutes reasonable steps to mitigate my losses? It has been nearly 2 weeks since notified and house is still not on Domain or realestate or their own site.
I am happy to pay whatever I am.lwgally required to. I would just only like to pay that much. I think they are already gonna sting me for some dead grass and such so would rather not owe them 4 weeks worth of rent for reletting fees on top of that unless legally required.
Thanks.