Landlords Alliance – Emergency Euro Elections Statement21:09 PM, 21st May 2019
About 4 days ago 70
I have a 3 bed property which was rented under an initial 12 months AST to 3 friends. One of the friends now needs to depart to London with his job.
The 2 remaining tenants have found a suitable substitute sharer, and asked me to remove the departing tenant, and replace him with the new sharer.
My inclination is to end the existing periodic tenancy, and replace it with a new AST however, the existing tenants have asked me to keep the existing periodic tenancy, and just swap over the names.
A) Is this possible?
B) What needs to be done to ensure its legal?
Any advice would be welcomed.
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