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1 Comment
We presume the tenancy is a single tenancy agreement with all five names on – in which case, it wouldn’t be appropriate to do it that way.
The simplest way to do this so you retain full control is to sign a new tenancy with the five new names on. The end date of this new tenancy can match the current end date.
This would make you responsible for all the checks (which is better so you know they’re done properly) but we see no reason why you can’t charge the outgoing tenant for this extra work as part of the negotiation to allow them to leave early. If they disagree with the charge, they can simply stay for the remainder of the term!