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What is the difference between a shorthold tenancy and an assured shorthold tenancy?
The main difference between the two tenancies is that an AST gives the landlord an automatic right to regain possession after the initial fixed term period, as long as they provide reasonable notice.
What is the best tenancy agreement?
You need a tenancy agreement for every other residential letting situation. The most common type is an assured shorthold tenancy or AST agreement. You can download an easy to edit template agreement from Net Lawman pre-customised to the type of property you are letting, such as one for a furnished flat.
What is an AST form?
Assured shorthold tenancies ( ASTs ) The most common form of tenancy is an AST . Most new tenancies are automatically this type. A tenancy can be an AST if all of the following apply: youre a private landlord or housing association. the tenancy started on or after 15 January 1989.
How does a tenant end an assured shorthold tenancy?
How a tenant can end an assured or assured shorthold tenancy by surrender, using a break clause or giving notice to quit.
How long is an assured shorthold tenancy?
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.
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How do I know if I have an assured shorthold tenancy?
Youll probably be an assured shorthold tenant if one of the following applies: you and your landlord have separate flats in a purpose-built block of flats. your landlord has another home where they live most of the time. your landlord has moved out and doesnt plan to return.
What is the difference between an assured shorthold tenancy and a shorthold tenancy?
If you think you may need to regain possession of your property at some time, you should consider a shorthold tenancy. If you have a mortgage, your lender may require the tenancy to be a shorthold tenancy. If you are sure that you want to let the property indefinitely, you should consider an assured tenancy.
What happens when an assured shorthold tenancy comes to an end?
When the fixed term ends and the tenant remains in the property the tenancy automatically becomes a statutory periodic tenancy. To end a statutory periodic tenancy, the tenant must give notice equal to how often rent is due. This cannot be less than 28 days and it must end on the last day of the rental period.
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