12Abr

Short Term Tenancy Agreement Less Than 6 Months

As an owner, you are most likely busy with regular rental periods at some point. Periodic rent is usually common from month to month – or regardless of how often the rent is paid – instead of being for a fixed term. Flexibility – Short-term leases give you flexibility, especially when it comes to who you want to stay in your real estate. If there is a high demand for short leases near you, you have the luxury of being more picky about potential tenants. If you find that the people in your property are a problem, it is much easier to exchange tenants on a short-term contract – which is especially advantageous if you want to rent your seat for part of the year. It is also important to consider applying for short-term tenant insurance for landlords to protect your rental property from possible damage. My preferred option would be to choose a hybrid approach. Give your tenant a 6-month rent. I recommend that you issue a section 21 notification, in addition to the rental agreement and the mandatory information required by the rental deposit system. Then, if the first 6 months have passed and the lease is going well, consider giving the tenant a longer lease if they wish. I can never stress enough that the long-time tenants in my experience generally make homeowners happy and satisfied. If you are looking for a dead tenant for 6 months (or more), then I recommend using an online rental agent who will market your rent on Rightmove Zoopla. There is also no minimum duration of a guaranteed short-term rent.

However, the common length is between 6 and 12 months. This has become the norm because the Housing Act 1988 provides for a minimum of 6 months for guaranteed short-term rents. But that was abolished in 1996 by providing that landlords can give periodic rent for STAs. Another reason is that in a case where a landlord invokes section 21 of the Housing Act to repossess his property, the court generally cannot grant it if the tenant has not stayed in the house for up to 6 months. It does not matter if the tenant has breached one of the clauses of his guaranteed short-term lease.