PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Which is best for me?

Hi
We moved into our rented house 7 months ago on a 6month AST. It has now gone over on to a rolling tenancy. The letting agents have just informed us that we can sign a new tenancy for 6 or 12 months if we like. As I don't feel terribley secure here, can someone tell me if its better in our interests to sign a new agreement, stay on a rolling contract, or does it make no difference to our long term security?
I can also add that the agent said the landlords have no wish to take their house back, they are quite happy to leave it being rented.

Thanks

Comments

  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    i would just stay on a rolling contract and dont sign any further agreements. this means you can give one months notice at any time (as long as it ends on rent day)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 599.9K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.