11:39 AM, 3rd August 2022, About 2 weeks ago 25
We are private landlords by default. For the past 5 years we have had a couple rent our property under an Assured Shorthold Tenancy agreement which includes a usual break clause.
We are now looking to renew the tenancy agreement for another two years, but the letting agent suggests that we enter into a two-year fixed tenancy agreement. The implications of which we know little about other than we can’t end the tenancy unless the tenants are in serious breach of contract AND we have to take them to court to resolve the breach.
Question: Should we stick to a tenancy agreement with the usual break clause or should we change to a two-year fixed-term tenancy agreement?
Your advice and suggestions will be most appreciated.