AST renewal post agent?

AST renewal post agent?

10:45 AM, 19th October 2018, 7 years ago 3

I thought this was going to be a simple, but there is so much conflicting information on the web. My property is currently let on a 12 month AST that was set up via an agent.

The agent has been useless and I am in constant discussion with them about other issues so I am wanting to move away from them anyway. The tenancy ends in December, but the tenant wants another 12 month agreement.

Nothing has changed at all. Can I do this myself by getting them to sign another agreement or does the deposit have to be returned (as the agent dealt with this) and start a whole new tenancy process prescribed information etc.

Many Thanks for any input.

Cheryl


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Comments

  • Member Since July 2013 - Comments: 1996 - Articles: 21

    12:54 PM, 19th October 2018, About 7 years ago

    Hi Cheryl
    If you terminate the agency then the deposit will need to be repaid and then paid back to you to register with a deposit protection scheme. Ideally get this agreed in writing with the tenant before you sign the new tenancy.

    You need to watch out that the agents don’t try to claim a renewal fee if you re-let to the same tenant – see e.g. https://www.property118.com/renewal-fees-tenants/

  • Member Since October 2018 - Comments: 1

    10:14 AM, 20th October 2018, About 7 years ago

    Good Morning Cheryl,

    I would have a look at your landlord terms and conditions which i would imagine your agent got you to sign when agreeing to take on your property to let.

    I am sure you can leave the agency, however there may be costs involved for early termination while there is a tenant in situe which your agency have found, which i would epect to see in your terms and conditions.

    For exampole if your agency is managing your property for a monthly fee (

    The agreement wouldn’t end in December and if it was not renewed it would roll onto a pediodic tenancy (Rolling contract of excisting terms).

  • Member Since September 2013 - Comments: 20

    8:24 PM, 23rd October 2018, About 7 years ago

    Reply to the comment left by Ian Narbeth at 19/10/2018 – 12:54
    Thank you for your advice and link- much appreciated

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