Periodic Tenancy agreement terms?

Periodic Tenancy agreement terms?

3:28 PM, 12th April 2016, 10 years ago 15

I am a tenant who has been living on an assured short hold tenancy agreement over the last four years. After a year, the contract became a monthly periodic tenancy. Recently we have been requested to accept a rent increase of circa 25% where our contract had stated that rent was to be reviewed each year “but will be subject to an increase of 3% of the original stated figure at the start of the anniversary of the contract”contract

When we put this to the estate agent that the landlord runs through, they stated that the terms of the contract are now void, but I thought that the terms of the contract would roll over once the initial fixed term was completed.

Please clarify

Many thanks

Paul


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