Tenancy agreement renewal under the Renters’ Rights Bill?
Hello, I hope someone here can give me some advice. I have a fixed term tenancy due to end in May and I normally approach the tenants about 3 months before to discuss renewal of the agreement etc.
Now with the Renters’ Rights Bill coming, I wonder how I should approach this.
Should I still sign a fixed term agreement with 6 months break clause? I understand that all agreements will become periodic once the Bill is enforced.
I like to have a new agreement signed but I wonder if I should update any clauses to reflect the upcoming changes in the Bill as some of the clauses that I currently have in the agreement will not be compliant with the Bill such as the notice period etc.
If I don’t update the clauses, will I have to issue a new ‘periodic’ agreement with updated clauses after the Bill passes?
Any suggestions?
Thank you,
Angela
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1 year ago | 7 comments
1 year ago | 14 comments
Member Since January 2016 - Comments: 473
9:53 AM, 4th February 2025, About 1 year ago
You know you can just let the agreement roll over to periodic? You don’t have to renew at all.
Ie you could just do nothing leaving the existing terms in place and see exactly what the Renters Rights Bill becomes.
Member Since July 2024 - Comments: 6
10:08 AM, 4th February 2025, About 1 year ago
I would contact the tenant as normal, just in case the tenants decide not to renew so you dont lose out on finding a new tenant, but I would continue as normal. We dont know exactly when this bill will come in. Like the Tenant Fee Ban Act 2019 when that came into force this only applied to new tenacies that started from/after the ban date and didnt apply to existing tenancies that started before the ban but then there was a date to when ban would apply to an existing tenancy. I hope the GOV will go down this route so each tenancy transitions into the changes.
Member Since September 2022 - Comments: 27
10:53 AM, 4th February 2025, About 1 year ago
Thanks all for replying.
The reason I would like to renew is because 1) I’d like to check if tenants what to stay and 2) review rent.
I know I can just let it run as periodic but I would still have the old terms in the contract when the new law kicks in.
I guess I will just continue as I would normally do and wait and see what happens…
Member Since June 2019 - Comments: 781
11:27 AM, 4th February 2025, About 1 year ago
You are still able to review the rent without a new contract unless you wrote something else into that first contact.
Remember they have the right to not accept a new contract anyway.
Member Since July 2022 - Comments: 23
1:48 PM, 4th February 2025, About 1 year ago
I would get rid of any tenants and sell up look at Scotland you can never get your property back forget about needing to sell or moving in my friend has not been paid for 5 years in and out of court still ongoing courts will always go with tenants down with fees £100K
Member Since October 2020 - Comments: 1171
1:01 AM, 5th February 2025, About 1 year ago
Once the RRB provisions are in force any amount in excess of the current monthly period being held would need to be refunded.
Tbh it’s almost never been in a landlords interest to renew a tenancy anyway and most would recommend allowing it to go periodic ASAP. Ie giving a 6 month term only.
Member Since May 2023 - Comments: 225
2:11 AM, 9th February 2025, About 1 year ago
Reply to the comment left by No Name at 04/02/2025 – 10:53
Your rental duration becomes meaningless under RRB as it’s legal periodic forever. The annual rent review becomes a Section 13 Notice which you can easily do by reference to the actual paid rent data (market). All the information and form is online gov.uk.