Extension of 6 month contract to Xmas

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    Extension of 6 month contract to Xmas

    Hi all,

    I've had some Romanian tenants renting for a 11 months, who appear to keep the property clean when I inspect it every three months, apart from a few small issues. Recently I negotiated a 3% increase for the next years contract.

    I thought we were going to enter into another 12 month contract, but I received an email from the agent yesterday stating that the tenants have asked for a 6 month tenancy due to brexit, as theyre not sure what rights they will have. The agent went on to say that after the 6 months tenancy it will become a rolling periodic tenancy, until one of the sides decides to end it with a written notice (obviously).

    If a 6 month tenancy is in place, this will expire on Xmas day 2017. I dont want the headache of potentially having to end a tenancy on Xmas day, and I dont want to be out of pocket with the tenants refusing to pay rent after the tenancy is over. I was considering asking for a 7 month contract. Is this even possible?

    Is there any other advice the expert landlords can offer someone less experienced in this situation?

    Interestingly the last time I spoke the tenants they said that they were adamant they would be applying for British Citizenship. How a week in politics potentially changes people's view. Or perhaps I am just being gullible.

    Many thanks in advance!

    #2
    Do nothing:

    Simply see if they leave (as they are entitled to) with no notice by end fixed term, or if they remain in which case it becomes a rolling periodic tenancy.
    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


      #3
      Don't offer any contract at all.
      The contract will automatically become monthly (assuming they pat monthly now) and the tenant can leave with a minimum of a month's notice at the end of a rental period while you have to give them two month's notice.
      They're not going to want to stay if they're leaving the country and you're unlikely to want to replace them with anyone else.

      The only person who might lose out os the agent who might want to charge a fee for a new agreement.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

      Comment

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