11July 2022. Can my tenants who will soon complete their 1st year of Tenancy under a fixed 12 month lease now refuse to accept a further fixed term lease because of the recent changes to part 4 regulations?
Forget the fixed term lease, the legislation overrides whatever you agree with your tenant. Once a tenant is in situ for 6 months, they are effectively entitled to a lease for life. You can only get back the property if you are selling, moving in yourself etc. After 6 months, your tenants can stay on forever unless you are selling - it doesn't matter a jot that your lease says 12 months.
Forget the fixed term lease, the legislation overrides whatever you agree with your tenant. Once a tenant is in situ for 6 months, they are effectively entitled to a lease for life. You can only get back the property if you are selling, moving in yourself etc. After 6 months, your tenants can stay on forever unless you are selling - it doesn't matter a jot that your lease says 12 months.
11July 2022. Can my tenants who will soon complete their 1st year of Tenancy under a fixed 12 month lease now refuse to accept a further fixed term lease because of the recent changes to part 4 regulations?
Forget the fixed term lease, the legislation overrides whatever you agree with your tenant. Once a tenant is in situ for 6 months, they are effectively entitled to a lease for life. You can only get back the property if you are selling, moving in yourself etc. After 6 months, your tenants can stay on forever unless you are selling - it doesn't matter a jot that your lease says 12 months.