Understanding your tenancy agreement is essential to avoiding any legal issues with your tenant. As the landlord you must be aware of the type of tenancy agreement you are entering into. The most common type of agreements include assured short hold tenancy otherwise known as ASTs or non-assured short hold tenancy.
Most tenancy agreements are assured short hold tenancies. For such an agreement to be applicable, the property must be the tenant’s main accommodation and the landlord must not live in the property. Most ASTs are for a fixed term of 6 to 12 months. During this time, the landlord cannot raise the rent without the tenant being in agreement or if there is a rent view clause within the agreement. Once the fixed term is over and if no new contract is signed, the tenancy agreement will automatically become periodic, in other words it will become a monthly rolling contract.
Generic tenancy agreement are not for everyone. The Rentome team recognizes the need for individual requirements within any agreement. Before drafting an agreement between landlord and tenant, we discuss any specific requirements that either party may have. Once landlord and tenant are in agreement with each other’s requirements the tenancy contracted is drawn up.
Having a management team in place will ensure that your agreement will not be breached, by either yourself or the tenant. It will help maintain the condition of the property, as regular contact with the Rentome team, will reduce the likelihood of un-agreed changes. This could lead to deposit deduction at the end of the agreement.
It will also help protect the landlord from any potential legal action carried forward by the tenant, as the management team will stay on top of any health and safety requirements, such as unexpected boiler repairs.