PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Assured shorthold tenancy shorter than 12 months - any risks?

I'm living in a house I rent. I originally had a 12-month AST. When that was nearing its end, I asked the landlord for a 12-month renewal, which they agreed to.

The renewal is shortly going to end. I want to renew again, but I don't want 12 months this time, because I want to buy a house this year. I'm therefore thinking about asking for eight months, and then move to rolling tenancy if needed (eg if I don't complete on the new house before the rental contract finishes). Then give the correct notice at an appropriate time when I'm ready to move into my new house.

Are there any risks I should be aware of regarding an eight-month tenancy vs a 12-month one? I'm assuming that once I go to rolling, the landlord can propose a rent increase straightaway, which is one risk. And that they can issue a Section 21 as soon as I move to rolling. But I think both these situations can apply after 12 months anyway, they're not unique to ASTs shorter than 12 months?

I’m a Forum Ambassador and I support the Forum Team on the Savings & Investments, Small Biz MoneySaving and House Buying, Renting & Selling boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the Report button, or by e-mailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

Comments

  • DE_612183
    DE_612183 Posts: 2,946 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    you could also ask for a break clause at 8 months
  • gelato_cat
    gelato_cat Posts: 2,968 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 10 January 2024 at 3:33PM
    DE_612183 said:
    you could also ask for a break clause at 8 months
    Thanks - are there any advantages or disadvantages to that, compared with an eight-month AST and moving to rolling if needed?

    If they choose to invoke the clause, how much notice would they have to give me?

    I’m a Forum Ambassador and I support the Forum Team on the Savings & Investments, Small Biz MoneySaving and House Buying, Renting & Selling boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the Report button, or by e-mailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • theartfullodger
    theartfullodger Posts: 15,336 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 January 2024 at 4:09PM
    Would suggest you move to a rolling AST - then you just need to serve valid notice to quit (AT LEAST 1 month expiring on 1st of last day of period..) , landlord must give you at least 2 months notice. 


    Most flexibility for you, but landlord could serve s21 (For NO REASON AT ALL) to start end tenancy process: However whilst your NTQ would end tenancy, landlord's s21 does not end tenancy nor compel tenant to leave. To force you out he needs court then bailiffs, likely 6 months timescale..

    FYI an AST could be for 3 days (then roll on, periodic..) a week ditto ..., 4 weeks, a month, 5 months etc etc etc,,,  However an s21 cannot be served so that it expires validly before 6th month from start - which is why most not-very-bright agents think it has to be at least 6 months...

    Artful, landlord since 2000
  • whyn not just move to a periodic (rolling) tenancy now rather than faff about?

    More flxibility for you.


  • gelato_cat
    gelato_cat Posts: 2,968 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    whyn not just move to a periodic (rolling) tenancy now rather than faff about?

    More flxibility for you.


    I'm not "faffing about".  An AST the same as my current one gives me the security of knowing they can't issue me with an eviction or rent increase notice until the autumn.

    I’m a Forum Ambassador and I support the Forum Team on the Savings & Investments, Small Biz MoneySaving and House Buying, Renting & Selling boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the Report button, or by e-mailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • Absolutely nothing to stop them issuing s8 notice for whatever valid ground (eg rent underpaid by 1p or one day late).

    Discretionary mind, unlikely to get anywhere but possible.
  • secla
    secla Posts: 341 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Its unusual and makes it quite obvious to landlord that you intend to leave in 8 months time.
  • by 'faffing about' i meant negotiating an 8 month fixed term (which is unusual and unlikely to be readily agreed) or getting a Break Clause added.

    LL might simply agree, but more likely will decline and stick to a 12 month renewal.

    Yes, on a periodic there's risk of a S21 (which will take months to implement). 

    Re rent increase - does the current contract specify when/how much? If so, LL has to abide by that. If not, rent via S13 cannot be raised withing 12 months of previous increase which was..... when?
Meet your Ambassadors

Categories

  • All Categories
  • 347.8K Banking & Borrowing
  • 251.9K Reduce Debt & Boost Income
  • 452.2K Spending & Discounts
  • 240.2K Work, Benefits & Business
  • 616.3K Mortgages, Homes & Bills
  • 175.4K Life & Family
  • 253.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.