Shelter have been reported as stating that there should be 5 year tenancies to give tenants security. They state that this is needed as more and more people are unable to buy their own property and are forced to rent. However, were does this leave the landlord?
Shelter state that provisions should be put in place to end the tenancy if the landlord wants to sell the property or evict bad tenants - but what defines bad tenants? Landlords that I work with often have difficulty evicting "bad" tenants but are able to end the tenancy using a Section 21 Notice at the end of the fixed term. If the tenancy was to run for 5 years the landlord would not have this option until the end of the 5 year term.
Shelter would like to give tenants the option to give two months notice to end the tenancy. So the situation would be that both parties would feel that the tenancy is secure, but if the tenant wants to end the tenancy they can do so by giving 2 months notice, but the landlord has to put up with tenants unless there are sufficient grounds for a court to evict the tenant.
In my view if the tenants are good the landlord would be more than happy to continue with the tenancy, but if things go wrong the landlord needs to be able to bring the tenancy to an end.