4 Tenants on the same AST but one wants to leaveMake Text Bigger
I have a house rented to 5 students, they all are on the same AST starting on 20th October for 12 month with no break clause.
All the rent has been paid upfront but one of them wants to leave earlier.
The best cycle to let such a property is end of August so I’m a bit off cycle and missing the best student groups.
To get back to the best cycle I have offered my tenants to leave (all of them) on the 20th August and I’ll refund them two months rent and their deposits subject to property condition. Two of them are interested, but the others want to stay for different periods (from end of September to the end of term).
I have heard that even if only one tenant submits a resignation letter this will terminate the contract for the whole group.
Is it true?
If it is true what this letter must say?
What if the rest of the group opposed to it?
Could some one please advise what is the legal way to end up this tenancy earlier with the help of those 1 or two tenants who want to leave?
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