Spare Room Lodger Agreement
There are no more than two tenants (who are not related) to live with you on the grounds. If there are more than two, the property can be classified as a multi-occupancy house (HMO). Under these conditions, you must comply with additional rules and you may have to apply for a license, and there are heavy fines for non-compliance. Your tenant can terminate the rental agreement by termination. You cannot do this during the fixed term of the lease, unless there is an interruption clause. Assured Shorthold Tenancies (AST) is the most common form of tenancy in the UK if the landlord does not reside in the property – this is the standard agreement if you do not specify another type when renting your property. A tenancy Assured Shorthold agreement allows the lessor or tenant to terminate the tenancy after an initial period of six months by announcing. It`s important to get a written agreement before your new tenant moves in. The SpareRoom rental agreement covers everything you need and is approved by the lawyer to ensure your safety.
The agreement can last for as long as you agree with the tenant. The duration is usually set at a period of between six and twelve months and then extended. Until the new landlord moves in, tenants enjoy greater protection through rent laws, as there is no local landlord during this period. Their rights depend on when they moved in. Find out about rental rights under “Private rental: rentals”. Rent can be set at any level and can be due monthly or weekly. In general, the amount of rent is the market rent similar to that of other housing and rentals in the area. If, at any time, two or more rents are due or not during the term of the contract, the contract terminates automatically. However, for sub-tenants, it is a little different. A landlord and a tenant have a license instead of a lease. Unlike tenants who need standard notice before they can distribute them, sub-tenants can only get reasonable notice to ask them to leave at any time.
It`s usually 28 days, but can be shorter. As a landlord, you should have your tenant sign a license setting out the conditions of staying at your property and outlining the rules before they move in.