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Renting out your Property
Comments
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it can't really be a rental agreement as they are normally for a minimum period of 6 monthsTo my knowledge the minimum contract you can have is a 6 month AST, this protects both parties - the landlord has rent for 6 months (providing the tenant pays it!) - the tenant has somewhere to live for a minimum of 6 months (providing they pay the rent).
There is * no* actual minimum period for an AST ( Housing Act 1996): however the confusion arises because, despite this amendnment to an earlier HA , a LL may not actually seek repossession of the property until after an initial 6 months, except where the tenant is in breach of the tenancy terms
Worth bearing in mind f you were trying to use an AST.- if your "two week" tenant decides not to move out after that initial period you may be without a home for a fair while longer than you had intended. It would be worth you getting specific legal advice from an appropriately experienced solicitor.0 -
You don't really want an AST as that is intended for tenants who want to rent your property as their home, rather than as a temporary base.
You probably want something like a licence, which would give less rights to your tenants. AFAIK nothing wrong with a holiday let, to get the tax advantages you would need to let for a minimum number of days, but no harm is using a holiday let agreement even if you don't qualify for the tax perks.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
How much is the rent for two weeks, anyway?No reliance should be placed on the above! Absolutely none, do you hear?0
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L-u-c-r-a-t-i-v-e. I've seen properties that look pretty ordinary apparently booked out for 15-20K.How much is the rent for two weeks, anyway?
Apparently, properties up to 90mins of travel away are being offered for let. PasturesNew will be subletting her "superior apartment", and Badger Lady should rethink her lodger agreements forthwith :laugh:0 -
There are householders with Ryder Cup Accommodation asking for up to £55,000 on the Accommodation For The Event .com website. Really nice houses though0
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