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Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Tuesday, 06 September 2011
in Interest Rates

What Are the Main Points of an Assured Short Hold Tenancy?

Tenants who rent privately automatically have an assured short hold tenancy. There are other types but these tend to be used for tenants who are in Council or housing association accommodation or in those rare cases where the rent exceeds more than £100,000 a year.

An assured short hold tenancy is used where rent is paid to private landlord who doesn't live in the same building, and it allows the tenant to prevent others from accessing their home without first seeking permission to enter at a mutually convenient time, which is typically at least 24 hours after the request. The tenancy runs until it is ended by either the landlord of the tenant, or when it reaches the end of a fixed term.

Tenants deposits are protected through the Tenancy Deposit Protection scheme which ensures their deposit will be returned if they have kept the property in good condition. Any disputes are resolved using the free dispute resolution service. The landlord is required by law to keep the building in good condition, and to ensure that a valid gas safety certificate is obtained for every gas appliance, and all furniture is fire resistant.

The tenant must ask the landlords permission if they wish to sublet the property or to take in lodgers, as failing to do so could mean they are in breach of their agreement. They must also let the letting agency know if the property is to be left vacant for more than a couple of weeks. Using the best letting agents Nottingham has to offer helps take the stress out of being a landlord, as they will advise you of all these things and much more.

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