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Long term renting - a regular occurrence?

Long term renting - a regular occurrence?

In the UK, the standard length of tenancy agreement between a landlord and a tenant for rental homes is six months.

However, this appears to be changing, according to a recent report, as both landlords and tenants seek out better deals which offer protection to both sides.

 

Amanda Palmer of Martin & Co (Littlehampton) says 'Many Landlords are now asking for a minimum 12 month contract because they don't want the additional wear and tear of tenants moving out every 6 months and having the 12 month fixed term gives them rent stability.'

 

Martin & Co (Littlehampton) 01903 716622 / littlehampton@martinco.com