Renting with fixed term employment

silentmike486

Hi guys,

Im looking to rent a property, but Im on a fixed term contract at work. I had a thought that if my fixed term contract (9 months ish) is longer than the tenancy agreement (6 months) then would I still need a guarantor? I dont want one if I can help it, I just want to know if I should be pushing the estate agent or not.

Thanks for your help

Mike

G_M

The problem is that a tenancy does not end at the end of the Fixed Term. It continues as a Periodic (monthly) Tenancy (unless you move out).

So the landlord may want to know that in that scenario you would still be able to afford the rent, and if not, may want a guarantor.

silentmike486

So perhaps I should be pushing for no guarantor now, on the proviso of either termination or guarantor at the end of the six month tenancy?

I fully intend to take another, permanent, better paying job in the next 2-3 months so I wouldnt have this problem by then.

G_M

I'm afraid any 'proviso' you offered would have no standing in law so would provide no extra security to the LL.

You could 'promise' to terminate after 6 months, but if you changed your mind, the law would support you, not the LL, so the LL would still have to go through the court eviction process.

You could 'promise' to provide a guarantor after 6 months, but again, if you changed your mind (or your guarantor did!), the LL would be left with no guarantor...

silentmike486

I see. So we could amend my contract to be a fixed term of six months, without the rolling contract following it? That way, the landlord would be protected, but I would also be able to let him know when I get the new, permanent job, so my contract could be revised to a standard one.

The property im looking at has been on the market for two months already, so the landlord may be keen to let it.

G_M

silentmike486 wrote: »

I see.
No, you don't!
So we could amend my contract to be a fixed term of six months, without the rolling contract following it?
That is the exac opposite of what I said!
That way, the landlord would be protected,
No he would not
but I would also be able to let him know when I get the new, permanent job, so my contract could be revised to a standard one.

The property im looking at has been on the market for two months already, so the landlord may be keen to let it.
That is possible, and he might be prepared to take a gamble with you rather than have the property empty longer. His choice.

There is NO promise, amendment, proviso or other action you can take now that will remove your right in law to continue the tenancy after 6 months.

The law gives this right to all tenants, and over-rules any contract you might sign with the LL.

silentmike486

Just so you know, it happened exactly as I said it would. I got a six month rental agreement, with my temporary work contract. Although I failed the credit check because of the temporary work contract, it was 'over-ruled' by the estate agent because I'm the right kind of tenant. And now my work contract is permanent so everybody is happy :j