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A periodic tenancy is the legal name for a rolling tenancy with no fixed end date. An assured shorthold tenancy becomes periodic when a fixed term ends, unless you agree to another fixed term.
Currently, the minimum length of an assured shorthold tenancy (AST) is six months, and most residential tenancies seem to be granted for either six months or a year - although there is nothing to stop the parties agreeing a longer term.
What is an assured shorthold tenancy? An assured shorthold tenancy is the most common tenancy if you rent from a private landlord or letting agent. The main feature that makes an AST different from other tenancies is your landlord can evict you without a reason. They must follow the correct procedure to do this.
In fact, there is no limit on the maximum length of an AST. Provided the tenancy was granted after 15 January 1989 and meets the criteria in the Housing Act 1988 (the 1988 Act) it will be an assured tenancy and all the statutory regulation associated with that status will apply.
It is perfectly legal to let your property for less than 6 month. In fact there is no minimum period for an AST. Until February 1997 the minimum was 6 months, however this requirement was removed by the Housing Act 1996. It's therefore perfectly legal to go for a short let.
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The main difference between an assured shorthold tenancy and an assured tenancy is that the landlord can use section 21 of the Housing Act 1988 to regain possession without giving a reason.
Assured Non-Shorthold Tenancy The non-shorthold version of the assured tenancy gives tenants long-term security of tenure, and tenants are entitled to stay in the property until either they choose to go, or the landlord can gain possession if a tenant breaks any terms of the tenancy agreement.
an assured tenancy - meaning you can normally live in your property for the rest of your life. a fixed-term tenancy - usually lasting for at least 5 years (your landlord will decide whether it's renewed)
The difference is that the older secure tenancies provided more extensive statutory rights than the newer assured tenancy type. However, assured tenancies still offer the same benefits of security and stability, along with the same principles as secure tenancies.
Current law. Currently, the minimum length of an assured shorthold tenancy (AST) is six months, and most residential tenancies seem to be granted for either six months or a year - although there is nothing to stop the parties agreeing a longer term.

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