Hello, a straightforward question here I think. My tenant is at the end of his one year tenancy. Should I ask him to renew for another year in a contract or let it roll as he would still be legally obliged with a rolling non contract??
Thank you, Louise
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Easy. Let it become a periodic tenancy. Better for both of you.
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Most private LLs prefer to let it roll on because you don’t need to do all the admin associated with a new tenancy. Additionally both the LL and tenant are not locked in for another lengthy fixed term so if circumstances change LL can end tenancy with 2 months notice and tenant can end it with 1 months notice. You can also increase the rent without creating a new tenancy.
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So this would just entail emailing the Tennant and suggesting this, then not doing anything? Presumably he would be covered by existing contractual agreements if I let it roll.
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You have to read the tenancy agreement. Some state what happens if the tenancy is allowed to become periodic and some will be silent in which case it becomes a statutory periodic.
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