10 year ast

5,073 Thanks
8,657 Posts
13 years ago
Different forums give differing time scales.
Landlord& Tenants Act gives maximum of 7 years

Newer ruling says 'one day short of 3 years' is maximum.

Do you really want to be tied long term and to your overall detriment?
The issue of regular[ not frequent] rent increases spring to mind. Do you really want the rent to remain the same for the life of a long tenancy, or have to issue messy section 13's?

However lovely these tenants are ---- problems happen to everyone and this means unforseen circumstances create havoc. Then a flexible AST, rather than a tight staightjacket is the better option. If all goes well, re-new annually when you have proof they are careful with your property and they have paid up receipts for all Utility bills to show you.

The previous message about signing away your rights is so true I would add; preserve your mental health,don't put head in lions mouth,don't shoot yourself in foot.
I'm working up to a final word.....barmy.

It's sensible to retain & preserve appropriate CONTROL of your property. The Courts look to you to properly exercise this, or pay where this is abdicated.

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.