AGREEMENT Assured Shorthold Tenancy - Under - Oaks Properties 2025

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Your landlord can increase your rent by any amount if you live with them. If you think your rent increase is too high check the price of properties in your area so you know how much your rent should be on average.
Shorthold tenancies become periodic tenancies after the fixed term agreement expires and if there is no new contract drawn up with the remaining tenants. The assured shorthold tenancy will automatically become a periodic tenancy as long as the tenants do not change, and they are happy to retain the same contract.
The Maximum Fair Rent calculation is based on the existing registered rent multiplied by a figure (based on the change to the Retail Price Index from the last registration to the current registration) plus 5%, then rounded up to the next 50 pence.
Historically, renters needed an annual income of at least three times the monthly rent. However, with rising rental prices, many landlords now require a 3.5x rent-to-income ratio (or a maximum of 28% of your income going towards rent) to ensure you can comfortably afford the rent for the lease term.
A tenancy cannot be an AST if: it began or was agreed before 15 January 1989. the rent is more than 100,000 a year. the rent is less than 250 a year (less than 1,000 in London) its a business tenancy or tenancy of licensed premises. the property is a holiday let. your landlord is a local council.
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An Assured Shorthold Tenancy can only be ended by the county court. The landlord may apply for a county court order however they must have complied with all appropriate regulations.
Assured Shorthold Tenancies will typically be for between 6 months to 3 years. There is no maximum length of an AST, however, tenancy agreements that are longer than 3 years have to take the form of a Deed.
An Assured shorthold tenancy agreement (AST) allows a landlord to let out a property to a tenant while retaining the right to repossess the property at the end of the term of the tenancy. However, the landlord will need to give the tenant at least two months notice of any reoccupation.

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