Is anyone using the OpenRent ‘Assured Shorthold Tenancy Agreement’? I have used Rent Now package but by reading the terms of ‘Assured Shorthold Tenancy Agreement’ i didn’t like the fact that Tenants can give the landlord only 1 month’s notice after the initial period, whilst the landlord gives 2 months notice period. I’m planning to use a custom-made one, anyone knows a legal advisor to review it?
Thats not just openrent’s policy, its the law. A tenants notice at common law is a minimum of one month ending on the last or first day of a tenancy period. Landlords who have tried to vary this notice through the contract have been found to have imposed unfair contract terms which have ultimately been unenforceable.
I would suggest some landlord training before you get yourself into hot water.
You can’t just make up your own rules like that. Some are set by the government and you would be acting illegally if you breach them.
Unfortunately, there is not much headroom left for landlords to customise anything as law is above all. The way things are going, I am expecting law change stating that no deposit allowed and tenant can walk of by dropping keys through the letter box and not even letting - no pun intended
-landlord know!!!
Thank you David for your advice. i understand the minimum is 1 month, i just would like to make it 2 months for me (the landlord) and the same for the tenants.
i have been searching on the internet but couldn’t find the information -definitely a training will be useful
HI Steve, I’m not trying to make my own rules, i downloaded an AST from one of the websites and changed the notice period to be 2 months for both parties. Are you saying this is not legal?
that is unfair for landlord - who are already exposed to many things
Not legal no. Tenant needs to give minimum 1 month notice, LL 2 months.
Thanks for clarifying Mark
Have a look at this course. Landlords Fundamentals | NRLA