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The Need for a Tenancy Agreement



MARK QUINN
MARK QUINN >

Consultant Solicitor

Tue 19 February 2019 The Need for a Tenancy Agreement

A Tenancy Agreement

A tenancy agreement is, in effect, a contract between a landlord and tenant. It’s crucial to any tenancy arrangement because it sets out the rental sum and when/how the payments should be made and indeed reviewed. It will also stipulate the sum of the deposit and set out terms as to when the deposit can be fully or partly withheld (e.g. damage to the property).

From the tenant’s point of view, it will include details as to whether the tenancy can be terminated early and will stipulate who is responsible for minor repairs. Further, the agreement will set out whether the property can be sublet and/or whether pets are permitted.

In short, a tenancy agreement provides clarity and reassurance to both the landlord and tenant. 

Assured Shorthold Tenancy

The most common form of agreement is an Assured Shorthold Tenancy (“AST”). This type of agreement will apply where:

The gov.uk website provides a useful resource for landlords to ensure their tenancy agreement is legally compliant. It should be noted that two signed copies are required and any changes after the event will require the consent of all parties.

Mark Quinn is a consultant solicitor at Taylor Rose TTKW. Should you require further advice on any issues within this article, please do not hesitate to contact him on 01733 865 136.


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