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Advice please on ending my tenancy and exchange of contracts

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Comments

  • Slithery
    Slithery Posts: 6,046 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    If that's all it says regarding what happens after the fixed term ends then it's not a CPT it's a SPT.
  • Slithery said:
    If that's all it says regarding what happens after the fixed term ends then it's not a CPT it's a SPT.
    Thank you, so does that change the notice period?
  • canaldumidi
    canaldumidi Posts: 3,511 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    .....  I am currently renting and have rolling monthly contract (periodic tenancy).
    Statutory or Contractual Periodic tenancy? See link below.
     I moved in to this property on 16th April 2019 so am I correct in thinking that I have to submit my 1 months' notice on the 16th of the month??
    No. But your notice must expireon the 15th.
    7  Also, although i moved in on the 16th, i actually pay my rent on the 1st of each month.  Does this change anything (ie should my notice be dated from the 1st)?
    No. Date of rent payment does not affect your 'tenancy periods' or the notice required. It may however affect the amount of rent owed at the end.
    Sorry last question, is it ok to exchange on the 16th March and complete one month later?
    Yes if you and everyone else in the chain agree.
     The vendors have already moved out so no issue with their onward move but I imagine they just want this sewn up soon after exchange. If i leave here early though i'd be paying 2 lots of everything until my tenancy ends.
    Very common

    See
    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?


    Thank you for this its very helpful. I am on a Contractual Periodic tenancy but for the life of me I can't see what the notice period is (I guess that means it's silent).

    This has really helped me get things straight in my head.

    WW
    If no notice period is specified, what makes you believe you have a CPT? Please quote.
    But if it's silent, then 1 full tenancy period.

    Hi, this is taken from my tenancy agreement.

    12 Months

    Commencing 16 April 2019
    Expiring 15 April 2020
    The tenancy shall be from and including the day of (“the Commencement Date”) to and
    including day of and thereafter from month to month and until terminated by either
    party serving a notice on the other in accordance with this Agreement (“the Expiration date")

    So what does the Agreement say regarding the Expiration Date?
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