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Known long term rental implications

Could anyone please advice if there are any risks involved for an owner to have rented a residential property to the same person for an extended length of time (in excess of 10 years) basis renewing the ATS every year. Regards.

Asked on May 29 2016, General in Carshalton | Report content

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  • So long as there is a 'valid' tenancy in place they can not claim right of occupancy and so there is no risk to having them in your property long term. So long as they are acting responsibly with regards the property and payment of rent, having a long term tenant is usually every landlords dream. You don't have to complete a new tenancy every year. A standard six or twelve month tenancy would automatically roll on month by month. This type of tenancy is called a 'statutory periodic tenancy' and all of the initial terms and obligations remain the same.

    Answered on May 31 2016, Report content
  • Hi Deb, Should be ok.

    Answered on Jun 6 2016, Report content
  • As long as its an Assured Shorthold Tenancy there would be no risk in terms of the tenant gaining statutory tenancy. Most Landlords would be over joyed with a long term tenant.

    Answered on Jun 12 2016, Report content

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