Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
I have just completed on my fourth HMO. It comes complete with six tenants all professionals and all paying rent happily. However, no ASTs , only a “Lodger’s Agreement” which is a single sheet of A4, and explicitly states on it that no tenancy has been formed by this document.
I am not sure if this is a good or a bad thing. I have ASTs for each and every other room in all my other HMOs and standalone properties. The Lodgers agreement allows for a months’ notice either side, but presumably confers no right of abode on the “tenant” …?
All comments welcome
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More