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Can Agents/Landlord force tenants to sign new fixed term licence agreement?
Comments
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MultiFuelBurner said:I think it's nice they are only offering a 6 month not a 12 month which could restrict you further.0
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I think it's a complete over reaction to be honest a 6 month contract gives security both ways to renters and landlord over and above a rolling contract.
Forget the letting agents everyone is fixated on them. Behind the agents might be a landlord wanting to plan for the next 6 months.
In the current market with lots of landlords retiring and considering selling rentals on because of all the hype of the not yet signed 2025 EPC regulations who knows what might happen on a rolling contract. 2 months notice springs to mind. So this is down to the OP should you receive 2 months notice on your rolling one month contract is that enough time for you to get settled somewhere else and is their local rentals available.
In answer to the OP question no you can't be forced to sign another fixed term but consider all consequences and benefits it brings.0 -
It doesn't 'renew every 6 months'. You are simply being given the option to extend the contractual tenancy if you wish to. If you don't. decline it and go onto a periodic tenancy. Many people prefer to security of a 6m or longer fixed term. The downside is that you could get an S21 with 2 months notice, if the LL is foolish enough to try to remove good tenants.No free lunch, and no free laptop0
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macman said:It doesn't 'renew every 6 months'. You are simply being given the option to extend the contractual tenancy if you wish to. If you don't. decline it and go onto a periodic tenancy. Many people prefer to security of a 6m or longer fixed term. The downside is that you could get an S21 with 2 months notice, if the LL is foolish enough to try to remove good tenants.
Something we have considered looking at how much it may be to move properties from EPC D to C and we have had a nice long run of 20+ years.
I always see a 6 or 12 month AST as a benefit to both sides as you have pointed out as well as myself previously.
We will likely wait to see any regulation changes become official then the fine print and the dates before making our decision but a lot of landlords on the fence and of a certain age have decided to just pack it in. Evident in the location we rent out more than 30 applicants per flat when they become available.
It will be an interesting next few years in the rental market. However potentially a good time to bag an EPC band D/E flat/property cheap.0 -
Nope, landlords and/or agents may not require tenants to sign a new agreement. Indeed Thatcher's (I'm not a fan Iron handbag of the 1988 Housing Act says so
No more than a tenant may require a landlord or agent to sign one tenant produced.
Nothing to prevent tenant from proposing changes to existing tenancy eg lower rent.0 -
MultiFuelBurner said:I think it's a complete over reaction to be honest a 6 month contract gives security both ways to renters and landlord over and above a rolling contract.
Forget the letting agents everyone is fixated on them. Behind the agents might be a landlord wanting to plan for the next 6 months.
In the current market with lots of landlords retiring and considering selling rentals on because of all the hype of the not yet signed 2025 EPC regulations who knows what might happen on a rolling contract. 2 months notice springs to mind. So this is down to the OP should you receive 2 months notice on your rolling one month contract is that enough time for you to get settled somewhere else and is their local rentals available.
In answer to the OP question no you can't be forced to sign another fixed term but consider all consequences and benefits it brings.All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.2 -
elsien said:MultiFuelBurner said:I think it's a complete over reaction to be honest a 6 month contract gives security both ways to renters and landlord over and above a rolling contract.
Forget the letting agents everyone is fixated on them. Behind the agents might be a landlord wanting to plan for the next 6 months.
In the current market with lots of landlords retiring and considering selling rentals on because of all the hype of the not yet signed 2025 EPC regulations who knows what might happen on a rolling contract. 2 months notice springs to mind. So this is down to the OP should you receive 2 months notice on your rolling one month contract is that enough time for you to get settled somewhere else and is their local rentals available.
In answer to the OP question no you can't be forced to sign another fixed term but consider all consequences and benefits it brings.
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