Government in consultation over three-year tenancy agreements
The Ministry of Housing, Communities & Local Government earlier this week published its proposal...Back to News and Events
The Ministry of Housing, Communities & Local Government earlier this week published its proposal to introduce a minimum three-year tenancy term for tenants renting in the private sector. Currently, most tenancy agreements start with a fixed term of between 6-12 months.
This proposal aims to stop tenants ‘feeling insecure and that their house is not their home’. The longer term means tenants will feel stable in their rented home. They will feel protected against landlords possessing their properties back on short-notice.
Despite only being published on Monday, the proposal has already received criticism. Some cite that most tenants don’t want to be tied to a three-year agreement. Instead, they like having the flexibility of being able to leave with reasonable notice.
There might be cause for concern for landlords too as it may make it harder for them to get their properties back from unwanted tenants.
The consultation period runs until 26 August 2018. It will be interesting to see whether the government proceeds with its proposal.
If you would like our advice and assistance on any aspect of a tenancy agreement whether as a landlord or tenant, please do not hesitate to contact the Poole Alcock Civil and Commercial Litigation team on 01260 275337. Alternatively you can visit our Litigation services page here or complete this form for a call back.