Rent to Rent Contracts – lots of questions?Make Text Bigger
Do I need to protect a deposit via a protection scheme if received from a company for the lease of my house to them, if it is a commercial let and therefore NOT an AST?
Is it best to contract out of the L & T Act 1954 so they (the Company) have no automatic right to contract renewal? Are there any other things I need to consider if I opt out?
Do I need to make it clear that it is a contractual rather than statutory contract so if the contract is continued by mutual agreement after the end of the fixed term, that I am not liable for Council Tax if they leave before the three months notice, or is this irrelevant in a Commercial Contract?
I have asked my solicitor, and he says that the Rent 2 Rent market is tricky as no real regulation in regard to what constitutes this kind of contract arrangements.
If the poop hits the fan with the contractual relationship – who acts as the Ombudsman in this situation?
Any advice welcome 🙂
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