new rent & new tenancy agreement
Tenancy Types and Management

spabbygirl
spabbygirl
4 Thanks
47 Posts
3 months ago
0

I have agreed a new rent with my tenant, he has been in my cottage for a couple of years but the tenancy agreement had a restricted rent clause. Because I didn't need to I didn't increase the rent for a few years so when I did want to increase it I couldn't bring it up to market value. But now we've agreed a better rent I need a new tenancy agreement and am happy to let them have it for a year at this price.

My query is what is a good way to get a new tenancy agreement, since I don't need anyone to show people around, it is just a case of a new agrement. Also, he's offered the new rent from the next due date, which is the 14th april, do I have to get the new contract complete in time for this?

Can I use an online template agreement? My other property is fully managed & I've always used a let only agrement so I've never done this.

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.