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The reality is often more complicated than the law, so its important to find a fair solution that both parties are happy with. Of course, a tenancy agreement can only be cancelled before it begins if both landlord and tenant agree to it.
Guaranteed Rent also known as Rent to Rent is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord. The landlord gives consent to the third party, the Renter, to then rent the property to other tenants.
Tenancies agreed in advance are usually binding whether you move in or not. This includes tenancy agreements signed in person, by post or online. There is no cooling off period for tenancies. You are usually liable for rent from the day the tenancy starts even if you are not living in the property.
A company let is a nonstandard tenancy agreement in which a private company lets out a property as accommodation for its employees. The company rents out the property from a landlord, paying the monthly letting fees.
Notice periods for ending a periodic tenancy. A tenant must give at least 28 days written notice to end the tenancy, unless the landlord agrees to a shorter time. This agreement should be in writing.
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As a tenant, you too have the right to vacate the property. You can check the lease agreement and check for the termination clause. You may have to serve a notice to your landlord and inform them of your intentions.

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