Extend Assured Shorthold Tenancy

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    Extend Assured Shorthold Tenancy

    Hello. I have searched the forum's and can't seem to find the answer I'm looking for, so apologies if this has been covered in another thread.

    I currently have a tenant in my property on a 12 month AST, which comes to an end shortly, and I have agreed with my tenant to extend it for 6 months.

    Is there an easy way to extend the existing AST for the agreed number of months, or should I draft up a new AST with the new tenancy period?

    I am aware that the tenancy will default to a month by month periodic tenancy, however neither myself or my tenant want this, so I am looking for advice on the best way to confirm a six month extension.

    Also, if I am unable to extend, and need to put a new AST in place, how will this affect the deposit and the previous agreed inventory (as in, I'd like to just roll these over).

    Thank you in advance.

    #2
    You just need to print off another copy of the original agreement with dates changed to reflect the new term. Infact, that is all agents do, and charge extorionate fees for the service!

    Deposit may need to be re-protected, depending on which scheme you have used - check with them to verfy as the rules differ.

    Inventory should remain the same, as long as there have been no changes since the tenant moved in.

    Comment


      #3
      Are you happy that the tenants are in the same position financially(or better)than when they took on the tenacy originally?
      You can simply agree a new fixed term with the tenant with the new date. That is perfectly adequate, but it's up to you.


      Originally posted by LesleyAnne View Post
      You just need to print off another copy of the original agreement with dates changed to reflect the new term. Infact, that is all agents do, and charge extorionate fees for the service!
      This is a mistruth.
      Allow tenants to protect their own deposits. I want free money when they do it wrong

      Comment


        #4
        LesleyAnne - The deposit is held with DPS and its appeared that I can contact them and request that they change the date on their system to reflect the new tenancy period.

        thesaint - I am very happy with the tenant and as far as I am aware personal circumstances have not changes. However, would you recommend that I undertake another credit reference to be on the safe side?

        Is the best way to agree the new fixed term creating a new AST then?

        Comment


          #5
          You don't need to inform the DPS of anything. Even if you can, I would not do so.


          I would advise you do another credit check, but that is your call.
          Allow tenants to protect their own deposits. I want free money when they do it wrong

          Comment


            #6
            Originally posted by thesaint View Post

            This is a mistruth.


            Please explain!

            Comment


              #7
              That is not all that all agents do, nor do all agents always charge extortionate amounts for a new tenancy.

              Clearly some do..

              (I assume that's what sai.... meant...)
              I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

              Comment


                #8
                Originally posted by mplant View Post

                Is the best way to agree the new fixed term creating a new AST then?
                Agreeing a new fixed term agreement is the most obvious way to create a new fixed term agreement.

                If you have an agent who is asking to be paid by both you and the tenant to produce [a.k.a. print off] this document, then you can bypass the fees by DIYing with a template contract from a supplier such as Lawpack. But do check on here first if you're unsure about anything.

                Comment

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