I am a Resident in one of my Flats in a converted Victorian house. I have been told that I should offer a Contractual tenancy agreement not a Assured Shorthold Tenancy Agreement. Please advice.
Question
Tenancy Agreements (England) | Types of Tenancies (England)
Tenancy Agreements
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3 Comments
To clarify, the following needs to apply in order to give a contractual tenancy for a resident landlord:
If all true, a contractual tenancy is used and not an AST.
The main difference is that it’s one months notice to ask tenant to leave instead of two and the deposit doesn’t need protecting. There are other differences but nothing that makes much difference. It’s still a “tenancy” just like an AST is.
Just so you can check you are a “resident landlord” the actual definition in the Housing Act is here. (Scroll to number 10).
We have a contractual tenancy here.
Thank you very much That has made the situation very clear, thanks again.
David
TU Properties
GRL Landlord Association | guildy commented on Tenancy AgreementsHi guildy, Thank you for that information. Most clear and helpful.