sat agreement???

1888

thinking of buying aflat to rent out to try and generate some money , got cash in a bond thats not really making much,
flat im looking at online states 'on SAT agreement of £6240 per annum' or could be vacant.
can someone tell me what 'on SAT agreement means to me and tenant???

poppysarah

You're thinking of becoming a landlord so go and do some reading up.
get a book from the library or find a landlord forum with a big FAQ.

I know I could tell you but this a HUGE financial decision to be looking into with so little knowledge.

googler

(Something) Assured Tenancy?
Standard Assured Tenancy?

C'mon, someone who knows for certain put the OP out of their misery

PasturesNew

SAT = Short Assured Tenancy (Scotland). It's a Scottish form of the English AST.

Get a copy of the agreement and see what it says in it as each one will have different clauses.

Under a SAT though, a tenant can get the rent reduced by a formal Rent Assessment process.

Edit: check out Shelter Scotland's info - http://scotland.shelter.org.uk/getadvice/advice_topics/renting_rights/renting_from_a_private_landlord/short_assured_tenancies

1888

thank you for taking time to reply.