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Lettings management - is it mandatory to renew an AST?
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Forgive me ally hope this is not seen as a hijack of this thread but it got me thinking... If you were to move away from a letting agent and manage yourself... What would happen re. a new AST agreement when you want to increase the rent etc?Just my opinion, no offence 🐈0
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You either mutually agree the new rent by way of a new AST, or you serve an S13 after the AST ends.No free lunch, and no free laptop
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Black_Cat2 said:Forgive me ally hope this is not seen as a hijack of this thread but it got me thinking... If you were to move away from a letting agent and manage yourself... What would happen re. a new AST agreement when you want to increase the rent etc?Whether a LL retains the same agent, moves to a new agent, or manages the property themselves makes absolutely zero difference to the contract between landlord and tenant. The normal rules regarding contract renewal and rent increases apply.Post 4: Ending/renewing an AST: what happens when a fixed term ends? How can a LL or tenant end a tenancy? What is a periodic tenancy?
Post 5: Rent increases: when & how can rent be increased?
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Thanks that's good to know. So instead of having to type up a new agreement it is like an additional form and the original AST remains. Might think about sacking my letting agent then 😹Just my opinion, no offence 🐈0
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@macman @greatcrested. Sorry to be dumb but is there a site that has all the latest landlord legislation? I've looked on the gov.uk website but tbh got completely lost with it!Just my opinion, no offence 🐈0
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I'm afraid you have to hunt around a bit. But these two posts will give you most of the relevant sources:The 2nd one has all/most of the links you need:Post 7: New landlords (1):advice & information :see links in next post
Post 8: New landlords (2): Essential links for further information
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Surely landlords learn all this stuff when they do their qualifications.........An answer isn't spam just because you don't like it......1
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diggingdude said:Surely landlords learn all this stuff when they do their qualifications.........
https://www.youtube.com/watch?v=hI1nPd7hezM
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We all have to start somewhere. Tempted to move away from the letting agent but green on where to start for myself. Can't be the only one that feels this way 🤔diggingdude said:Surely landlords learn all this stuff when they do their qualifications.........Just my opinion, no offence 🐈0 -
Ty! 😘greatcrested said:I'm afraid you have to hunt around a bit. But these two posts will give you most of the relevant sources:The 2nd one has all/most of the links you need:Post 7: New landlords (1):advice & information :see links in next post
Post 8: New landlords (2): Essential links for further informationJust my opinion, no offence 🐈0
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