How long should landlords grant an assured shorthold tenancy for?
It’s possible for landlords to grant a assured shorthold tenancy agreement (AST) for a fixed period, say 6 months. These tenancies are referred to as Fixed Term Tenancy’s. At the end of the term if the tenancy agreement is not renewed by the landlord, it then becomes a Statutory Periodic Assured Shorthold Tenancy (AST. ) The terms of the original tenancy agreement still apply, but the tenancy continues on a period by period basis. For instance, if the tenancy agreement required rent to be paid monthly, then a monthly Statutory Periodic Tenancy would result. The other type is called a Contractual Periodic Tenancy where no term for the end of the let is set and the tenancy agreement simply continues until either the landlord or tenant decide to bring the tenancy to an end. Fixed term vs periodic tenancy agreement I had always assumed that a fixed tenancy would have been better for a landlord. However, having looked closer at the legislation on tenancy agreements, in reality there is very
