Assured Tenancy (Rarely Used)

PLEASE NOTE: DO NOT DOWNLOAD THIS DOCUMENT UNLESS YOU HAVE SPOKEN WITH THE GUILD. THIS TENANCY WILL GIVE THE TENANT SECURITY FOR LIFE. THIS IS NOT AN ASSURED SHORTHOLD TENANCY! – IT COULD DO WITH SOME MORE MINOR UPDATES WHICH WE WILL DO UPON REQUEST.

The default tenancy in most cases is an assured shorthold tenancy. However, a correctly worded agreement can still create an assured tenancy which gives the tenant full security of tenure and basically the right to remain at the property for life (subject to certain breachs etc.)

Description

Product Code: F071 – for changes see tab

This form is now incorporated into the Tenancy Builder. The download link will take you to the Builder where you should choose “assured tenancy” from the ‘Tenancy Type’ drop down options.

PLEASE NOTE: DO NOT USE THIS AGREEMENT UNLESS YOU HAVE SPOKEN WITH THE GUILD. THIS TENANCY WILL GIVE THE TENANT SECURITY FOR LIFE. THIS IS NOT AN ASSURED SHORTHOLD TENANCY!

The default tenancy in most cases is an assured shorthold tenancy. However, a correctly worded agreement can still create an assured tenancy which gives the tenant full security of tenure and basically the right to remain at the property for life (subject to certain breaches etc.) The granting of this tenancy means that a landlord cannot serve a section 21 notice on the tenant ever.

However, one advantage of this tenancy is that the deposit doesn’t need protecting so some portfolio student landlords may consider this a useful option.

FOR THE AVOIDANCE OF DOUBT, DO NOT USE THIS UNLESS SPOKEN WITH THE GUILD AND BY DOING SO YOU UNDERSTAND THE TENANT WILL HAVE A TENANCY FOR LIFE.

Version history

## Current version

08/18 – big update and added to Tenancy Builder. Terms brought into line with current AST’s. See the Builder for any further updates.

## Previous versions

08/13 – Incorporated same changes made in June / July to our assured shorthold tenancies as a result of Superstrike.

12/12

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