LONDON: ‘ CHANGES IN TENANCY AGREEMENTS IN PRIVATE RENTAL SECTOR ‘

#AceFinanceNews – LONDON – October 27 – A model tenancy agreement for use in the private rented sector where a short-hold tenancy is being entered into, and accompanying guidance.

Documents

Model agreement for a shorthold assured tenancy and accompanying guidance (online version)

Ref: ISBN 9781409843368MS Word Document, 182KB

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This model tenancy agreement also contains guidance on its use and clauses. It has been designed by the government for use when the landlord and tenant are entering into a shorthold assured tenancy agreement in the private rented sector.

It will be particularly relevant for use when the parties are entering into a longer term tenancy of 2 or more years. It, therefore, contains provisions relating to rent reviews and those which enable the landlord or the tenant to end the tenancy during the fixed term if their circumstances change.

The model tenancy agreement is made available free of charge and can either be completed online or downloaded and completed manually. If the agreement is completed online, it will need to be printed off for wet signature.

Two copies of the agreement should be made – 1 for the landlord, the other for the tenant. It is the responsibility of either party to keep the agreement in a safe place as it will need to be referred to during the tenancy.

The use of the model is entirely voluntary. There is no legal requirement to use it – although landlords and tenants will be able to do so with confidence.

If you plan to use the agreement also see the how to rent guide.

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#ashta, #london, #short-hold-tenancy