Hello, I am hoping somebody could confirm whether I have understood the below correctly?
My 12 month AST is due to end on 20th March. In an ideal world I would like to stay a bit (1 to 2 months) longer as I am in the process of purchasing my own property. I have been a good tenant, always paid rent in full and on time, treated the property as if it were my own etc. My landlord is very reluctant to let me move onto a periodic tenancy and keeps insisting I sign a new 6 month AST. I am not willing to do that as I hope to move into my own property before too long. Unfortunately relations between us have soured in the last few days because of this.
I believe any periodic tenancy would be a contractual periodic tenancy as my AST states the following:
“If an Assured Shorthold Tenancy Agreement for a new fixed term is not agreed in writing, it is agreed that this tenancy shall continue as a monthly periodic tenancy and the same terms and conditions of this agreement will apply”
Assuming that is the case, I would be grateful if you could please confirm whether my below understanding is correct:
- I have the right to move onto a periodic tenancy after 20th March whether the landlord likes it or not, as long as I inform him by 20th Feb that I will not be moving out upon the expiry of the 12m AST
- The landlord can increase my rent for the periodic tenancy period as long as he gives me 1 month’s notice (i.e. by 20th Feb) - section 13
- The landlord can serve me 2 months notice at anytime after 20th March - section 21 [or could he serve me 2 months notice beforehand ie within the 12m AST period?]
- I can give 1 month notice at anytime after 20th March
If this is correct, then this would work fine for me as I should have exchanged and completed well before 20th May (i.e. the 2 months notice period). However, I am worried the landlord might demand a highly inflated rent for the periodic tenancy (he has already threatened to do so, I don’t see us coming to an agreement on this beforehand). What are my rights in that situation?
Thank you in advance for any help and guidance. Am finding this situation slightly stressful!