Landlords looking to grant an Assured Shorthold Tenancy for should consider how long they want to let their property for?
There are a number of issues including whether a landlord is letting their property in a rising rental market or where a landlord expects rents to be stable or even fall.
Frequently tenants push for a longer term than the standard minimum 6 month Assured Shorthold Tenancy so they have greater security of tenure. However, a landlord may want to consider giving a new tenant an initial 6 month tenancy to first assess the tenants suitability.
If they are happy with the tenant then grant the tenant a longer term fixed term Assured Shorthold Tenancy.
For more details about how long a landlord should grant an Assured Shorthold Tenancy for have a look at the Landlords Bible.
No comments:
Post a Comment