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Where do we stand?

Options
Renting a house on an 6 month AST basis since July 2009. We have renewed twice now, and in November we paid the agents fee of £85 to extend the contract for a further 6 months.

We have not signed the new contract that they sent us in November. There is no reason for this, we just haven't done it yet.

Where do we stand? I'm curious. Are we on a rolling contract until the new contract is signed?

Thanks in advance.

Comments

  • anselld
    anselld Posts: 8,641 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You are on a rolling contract. No reason to sign a new one unless you want more than 2 months security.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    anselld is correct. Just to add you've wasted £85 though. Totally unneccessary.
  • Gleeful
    Gleeful Posts: 1,979 Forumite
    G_M wrote: »
    anselld is correct. Just to add you've wasted £85 though. Totally unneccessary.

    Cheers all.

    I know, it's shocking. They originally wanted £275 or something ridiculous like that. We paid the fee as the letting agents are b**tards and would probably have served notice had we not.

    I'll sign the contract in the New Year I think. When I find it. I find it odd that the LA haven't chased it up with us.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The agents can only serve notice if the landlord instructs them to.

    Assuming you are a 'good', regularly-paying tenant, most landlords would rather keep you on a periodic tenancy than lose you and have a month or more without rent, plus the costs of finding a replacement. The agent, of course, doesn't care about this (in fact they actually make more money by finding the LL a new tenant) so their concern is just the renewal fee for a new contract.

    Why not contact your LL direct, explain, and see if the LL is happy with the current periodic arrangement?
  • Agree with the above: Agent is just trying to generate fees.

    He may be charging LL also!
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