Switching from annual to rolling tenancy – RISKS?Make Text Bigger
I’ve had a tenant for the last two years on a yearly tenancy. I have just issued another tenancy for another year because I have always felt more secure issuing a new tenancy every year. However the tenant has asked for a rolling tenancy.
Firstly, what are the implications of putting in a rolling tenancy? Does this have any legal problems to be aware of, if and when the tenant vacates the property, or any other issues that I should be aware of?
Can the present tenancy, which has just been signed, have a letter endorsed to say it is a rolling tenancy, assuming I go down this route.
Comments on this situation would be appreciated.
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