Connect with us

THE ASIAN POST

Rolling Tenancy Agreement Uk

Rolling Tenancy Agreement Uk

In addition, rental agents are often interested in extending leases, which triggers their right to a “renewal tax”. Don`t be convinced. If the circumstances of your lease are such that the more flexible periodic lease is preferable, you should accept it. They do not have the absolute right to a renewal tax, even if they want to! Normally, the fixed term reflects that of the initial agreement you signed. If, for example, if your initial agreement was 12 months, the renewed contract would be for the same 12 months. My tenants want to buy a house and therefore want flexibility in their contract that ends. We used to have an interruption clause that came into effect earlier in their contract, but they want the termination period of two months from the start of the contract…

Continue Reading
Advertisement
You may also like...

More in

To Top