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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.
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.
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.
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.
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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The Assured Shorthold Tenancy is the default tenancy for residential lettings and since October 2010 this applies to rents up to �100,000 pa. ASTs give the landlord an automatic right to regain possession after tenancy end, or any renewal period, subject to an initial minimum term of 6 months.
There is normally a term in the tenancy agreement which covers whether or not subletting is allowed. If a landlord issues tenants with an Assured Shorthold Tenancy agreement, it is vital that the agreement covers the issue of subletting, as this will apply for the whole length of the tenancy.

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