Continuing and Renewing Residential Tenancies
When the fixed term of a tenancy has expired the Tenant is allowed to remain in occupation of the property and his tenancy becomes a “periodic” tenancy. A periodic tenancy can be terminated by either party with little notice – usually 2 months for an assured shorthold tenancy and 4 weeks for non-assured shortholds.
Under the Tenant Fees Act 2019, from 01 June 2019, agents
and landlords in England will not be able to charge fees for a renewal of a
tenancy caught by this act. If the tenancy was entered into
before 01 June 2019 and the tenant agreed to pay renewal fees, then a landlord
or agent in England can charge these fees for a new fixed-term agreement or
statutory periodic agreement up until 31 May 2020.
Similar provisions also affect Wales by
virtue of the Renting Homes (Fees etc.) (Wales) Act 2019 (in force 01 September 2019). Agents and landlords in Wales will not be able to charge fees for a renewal of an assured shorthold tenancy from the 01 September 2019.
This subfolder contains a selection of documents that a landlord can use when a tenancy has become, or is about to become, periodic. The Letter to Tenant sets out the options available to the parties regarding continuing or renewing the tenancy. The Renewal Agreements and Rent Increase Memoranda can be used respectively to create a new tenancy or increase the rent payable during the periodic tenancy.
These Continuing and Renewing Residential Tenancies documents are part of the Property Documents Folder. Just £35.00 + VAT will provide you with 1 year's unlimited access to download all/any documents from the Property Folder.