What is the minimum rental period for Lowther?
There are two types of agreements in place, dependent on when your tenancy began:
- If your tenancy started before 1st December 2018, the property is let on a Short Assured Tenancy with a minimum rental period of six months. If a tenant decides to leave the tenancy early, you are liable for rent to the end of the six-month period. You can either extend or terminate your tenancy at the end of the six months. Both parties are required to provide the other with a minimum of two months’ notice if the lease is to terminate at the end of the six-month period.
- The new tenancy, Private Residential Tenancy, was introduced on 1 December 2018. This type of tenancy is an open-ended tenancy designed to minimise disruption to tenants' lives, so that they can feel safe and secure in their home without fear of eviction at short notice, just because the tenancy reaches the end. The 'no-fault' eviction option available under the old Short Assured Tenancy will no longer be available. You are required to provide 29 days’ notice.