Assured shorthold tenancy agreement - Brendons Auctioneers 2025

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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)
The main disadvantage to landlords with tenants on periodic tenancies is the fact the tenant can up and leave fairly quickly; there is no longer-term surety of income for the landlord.
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.
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.
The tenant can only give notice to end a fixed term tenancy if there is a break clause. A break clause is a term in the contract that allows the tenant to end the agreement early. A break clause usually specifies the form and length of the notice required to end the tenancy.
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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.
Assured Shorthold Tenancies will either be subject to a fixed term, or they will be periodic. If there is no fixed term or the term has expired, then the tenancy is automatically periodic. This means that the tenancy will automatically renew itself in common law. The tenancy will renew on the day rent is due.
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.

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