A tenancy agreement is a legal contract between the landlord and tenant. The agreement contains the terms and conditions of the tenancy, such as the length of the agreement, the rent payable, and what is and isn't allowed in the property.
The most common tenancy is an Assured Shorthold Tenancy (AST) and this is used by the majority of landlords renting flats and houses to private individuals. The main features of assured shorthold tenancies are:
-the tenancy is for a fixed term, usually six or twelve months but commonly up to 3 years and up to a maximum of 7 years;
-the tenant has exclusive occupation of all or part of the property, giving the tenant privacy and preventing the landlord from entering without advance permission;
-the landlord may charge a market rent.
For an example of an AST please click on the following link, however we would always advise you to take legal advice before issuing an AST agreement.
Shorthold_tenancy_agreement.docx
