UK Tenancy Agreement

Friday, June 6th, 2008

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When you are putting up a tenant in your property and done all the evaluations and check on him, and identified him as an acceptable tenant, the next thing is to get him to enter into a tenancy agreement. A formal verbal agreement will have no problem if it takes effect on the day it is granted, it is for a term not exceeding 3 years, and it is at the best rent which can reasonably be obtained without a premium being taken. But in the case of any relative or friend, it is not suggested as it has no any documentary evidence. Continue reading…


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