Monday, June 8, 2015

Can You End a Tenancy Before the Fixed Term Ends?

If you’re planning to rent a home in UK, you should be familiar with how the private renting industry works. Since it is likely that you will enter a fixed term tenancy after finding some good deals home UK, it would help if you gain some knowledge on how this kind of tenancy can be ended.

If you agreed to a fixed term tenancy with your landlord and you wish to leave the property before the tenancy agreement ends, it is possible for the landlord to require that you continue to pay the rent for the entire duration of the tenancy. In short, you cannot just end your tenancy by informing your landlord about it.

Ending Your Tenancy In Advance


In most cases, tenancy agreements do not indicate anything about a tenant’s right to end it early. Thus, it is important that you know if your landlord will be willing to negotiate with you about this, although your landlord is not obligated to do this.

On the other hand, it is also possible for your landlord to willingly let you go by way of “surrendering the tenancy”. For this process to be possible and valid, you and your landlord must agree to it. Keep in mind that you should put all your agreement into writing just in case a dispute arises in the future.

Leaving on the Last Day of the Contract


Usually, a tenant can leave on the last day of a fixed term contract even without informing the landlord. It is still important, however, that you check your tenancy agreement first to know if you can do this, too. There are some agreements that say something like:

- you must notify your landlord of your intention to leave on the last day

- once the fixed term expires, the tenancy will continue as a contractual periodic tenancy

The amount of time that is required for you to give the notice should depend on what is indicated on your tenancy agreement.

Leaving Before the Fixed Term Ends


‘Abandonment’ is the term that is used when a tenant leaves without giving notice. This kind of setup won’t end the agreement, even after you have already left the property and looked for another rate my property. In this case, your landlord may continue to charge you your rent until your fixed term agreement ends.

How to Look for the Right Property



After searching for a couple of properties in the area of your preference, the next thing you want to do is know what is my home worth so you can make the right decision. You can get all the information you need in ratedrents. In this site, you will find a huge list of all rented properties in the UK, plus their corresponding rates. This will surely make it easier for you to locate a comfortable and affordable home.

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