“nobody answered your original question.”
Erm we were asked
And have explained that the question itself is incorrect, because it’s already periodic…
3 options
i) Using OpenRent ‘renewal’ or 'amend tenancy ’ processes I ‘think’ OR essentially end the current tenancy and issue a n ew one, with signatures on all concerned. (Ask OR)
Ii) Alternatively a tenant can give notice, or all the tenants agree a mutual surrender of the current tenancy and you issue a new tenancy for the remaining tenants. (With new costs, re-serving docs etc). Tenants then protected from rent increase or s8 g1/g1a eviction for next 12 months
iii) Last, a deed of variation for the current tenancy again signed by all concerned, but OR dont offer this and you’d need to get it done separately.
There would potentially be issues around doing a checkout inventory, returning deposit (or part thereoff) for the departing tenant, or claiming any damages, returning and get a new deposit, whether you need to re-serve the GSR EPC EICR etc. All messy.
Best