I would just like to check my facts on Deed of Assignment.
I have 2 Tenants one of which has given notice to leave, the remaining Tenant would like to stay on and move his girlfriend in asap.
After reading through previous postings on this site I asked Agent to arrange Deed of Assignment as I would like Tenancy to continue as a Periodic one. The agent is now saying that this can not be done and that a new Contract needs to be drawn up for the remaining Tenant and his girlfriend. Is this just the Agent trying to make more money out of the Tenants or is it correct?
I have 2 Tenants one of which has given notice to leave, the remaining Tenant would like to stay on and move his girlfriend in asap.
After reading through previous postings on this site I asked Agent to arrange Deed of Assignment as I would like Tenancy to continue as a Periodic one. The agent is now saying that this can not be done and that a new Contract needs to be drawn up for the remaining Tenant and his girlfriend. Is this just the Agent trying to make more money out of the Tenants or is it correct?
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