NLRA templates or OpenRent for setting up a new tenancy
Tenancy Types and Management

BuzyBee
BuzyBee
0 Thanks
26 Posts
1 month ago
0

Hello,

One of my 2 tenants are leaving and a colleague of them wants to join. I am advised that it would be best to terminate the current contract and starting a new one with the remaining tenant and the incoming tenant (subject to referencing). 

I have 2 options: 1) set up a new tenancy with OpenRent (but without advertising the property as tenants have been found) or 2) using NLRA Tenancy Application Form, AST template and Docusign (costs relating to subscripton). I need to also do tenant referencing with whomever I end up using. 

I want to minimise disruption to the remaining tenant as much as possible whilst 'onboarding' the new one and plan to only reference and undertake checks on the new tenant. The remaining tenant has been paying on time for 2 years and and was fully referenced at the start of the existing tenancy. 

What option in your view would be more suitable in this circumstance? Would you mind sharing your experience if you have used either or both options. Thank you.

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.