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Tenancy / letting agreements for your property
If you are thinking of letting your property, you should ensure that you have a proper tenancy agreement drawn up. If there is no agreement in place then problems and disputes may arise. The agreement should clearly state how long the tenancy is for, the amount of rent payable by the tenant and any deposit to be taken in advance which would need to be placed into a protected tenancy deposit scheme.
There are various different types of residential tenancies, the most common being an assured shorthold tenancy. This is usually for 12 months and gives the tenant fewer chances to stay at the property once the tenancy comes to an end.
There are other arrangements that can be entered into such as commonhold agreements and leases:
If you would like an agreement drawn up for your property, contact our team who will be happy to assist.