There are two major differences between real estate equity contracts and guaranteed short-term leases. First, guaranteed leases cannot be used by resident landlords. Second, secure tenancy agreements offer tenants better protection against eviction than housing contracts. My preferred option would be to choose a hybrid approach. Give your tenant a 6-month rent. I recommend that you issue a section 21 notification, in addition to the rental agreement and the mandatory information required by the rental deposit system. Then, if the first 6 months have passed and the lease is going well, consider giving the tenant a longer lease if they wish. I can never stress enough that the long-time tenants in my experience generally make homeowners happy and satisfied. At the end of the limited period, the landlord can either grant the tenant a new temporary AST term (provided they want to) or continue the rent monthly. In this case, it becomes a periodic lease – see more information later. The common duration of an AST is between 6 and 12 months, since the Housing Act 1988 set a minimum term of 6 months for guaranteed short-term rents. However, it was abolished in 1996, allowing landlords to grant periodic rents for STAs (no minimum or maximum).
If your lease has been opened or extended on October 1, 2015, your landlord must also provide you with an updated copy of the rental guide. If you violate the term of the lease, you are responsible for correcting it. If you are the tenant, this may mean that you are paying money to solve any problems caused by you or your guests. If you do not pay voluntarily to correct the offence, you may be prosecuted for damages caused by the offence or likely to be evicted by the owner. If there is a verbal agreement, the amendments are also oral, although the only evidence you will have of a change is whether there is another amount of rent paid by the tenant each month to the lessor. While an AST should be used when a property is leased to either an individual or to several tenants as a family – multi-occupancy homes require a different type of agreement – an AST is not always appropriate. A rental agreement with a fixed end date gives both the owner and the tenant security. It indicates the exact day of the end of the lease. The advantage is that neither party is obliged to terminate the lease; it simply ends on the date indicated. In a fixed tenancy agreement, the lessor cannot increase the rent or change other terms of the tenancy agreement, unless he expressly reserves the right in the contract and the tenant accepts the changes. If the tenant stays above the specified date, the lessor can either accept rental payments and pursue the lease as a monthly lease with the same rules as the lease, or sign a new lease or initiate eviction proceedings against the tenant.
You cannot increase the rent during a temporary rent, unless you have already agreed with the tenant in the tenancy agreement.