Do you want to see an example of one of our leases for yourself? Download a typical contract for a more detailed overview of our rugged legally binding leases. If a deposit has actually been taken by the tenant, you should always check whether it can be transferred from one landlord to another under the rules of the respective system. If you are buying a property with a sedentary tenant as part of a legal AST, the purchase is subject to this existing rental agreement and you must inform the tenant of your data as a new owner as soon as the purchase is made. It is suitable for all residential rents, whether they are shared, furnished or not. Not all leases will protect you as an owner, but the landlord will. This is an improved version of secure short-term leases used by 90% of UK homeowners, and this will protect your interests. In order for you, as a buyer, to retain control of the tenant and know what you are dealing with (and not to inherit unexpected problems), the best way to proceed may be to require the seller to be informed of the termination of the lease in accordance with Section 21. At the same time as the seller`s allocation in section 21, you can contact the “unprejudiced” tenant to propose a new lease. This can then take effect when buying the property, so that a new direct landlord-tenant relationship is created. If you create a new lease on that date, you can ensure that every down payment paid by the tenant at the beginning of the new lease is made in accordance with the rules of the surety system. In the absence of a full written rental agreement, you may find that you may not be able to recover ownership of your property to recover rental arrears or even be in trouble with the courts. Our easy-to-use system allows you to create a rental contract in minutes.
You have identified an investment property that you want to buy, but it already has a tenant who lives there on a secure short-term rental agreement. How do you safeguard your rights to the property as a new owner and owner? The cost of our contract, with all the benefits listed below, includes our Rent Now rental service Our step-by-step process allows you to create a custom lease that you can design based on your specific requirements.