LESSON 6 - Reletting, raising or lowering the rent

One of the most common issues to confront a landlord during the initial life time of an Assured Shorthold Tenancy is when the initial term of the tenancy comes to an end. The average length of an Assured Shorthold tenancy is 9 months. To get a longer let you may want to consider letting to tenants with pets.

At the end of the tenancy a landlord can choose to relet to the existing tenant. To do this they will just allow the tenancy to run on and it then becomes an Assured Shorthold Periodic Tenancy or they can renew the tenancy.

There may be a situation that the landlord wishes to raise or even reduce the rent.

To raise the rent a landlord has a number of options. If they need to reduce the rent they are not able to use a section 13 notice as is the case when increasing the rent. To find out how to agree a rent reduction have a look here.

You should always avoid a void. This is crippling to a landlords cashflow which is the life blood of any letting business.

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