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Tenancy Agreement (General)

General template for a residential tenancy agreement with annual rent of less than £100,000 and an initial fixed term of not more than three years.

£9.99




Assured Tenancies and Assured Shorthold Tenancies (AST) are the most common forms of tenancy agreements between private Landlords and Tenants.

An AST allows a Landlord to let their property for a short period of time and have a guarantee that they can repossess the property at the end of a fixed term. An Assured Tenancy runs indefinitely and should therefore only be created if you are certain you will not wish to regain possession of the property.

Benefits of an AST

This type of tenancy is beneficial for someone who is new to being a Landlord as it gives you the flexibility to try out a short term tenancy. Some people decide that being a Landlord is not for them and with an AST if this happens you can simply regain possession of the property at the end of the term of the tenancy.

An AST is also beneficial to experienced Landlords as, with changes to the law in 1996, it is a very simple tenancy agreement to create, in fact unless stated otherwise, a tenancy will automatically be an AST. It is also relatively easy to remove Tenant(s) from the property if a problem arises or you simply decide you would like possession of your property.

Requirements for an AST to be created

  • your Tenant must be a private individual, i.e. not a company or business
  • the dwelling must be separate accommodation, so you cannot live in the same accommodation as your Tenant(s)
  • the dwelling must be your Tenant(s) main home; holiday or business lets are not capable of ASTs
  • the initial fixed term cannot exceed 3 years
  • rent must be paid, however it cannot exceed £100,000 per year
  • the property cannot contain more than 2 acres of agricultural land
  • the tenancy must have been created after 1989


How to create an AST

Creating an AST is easy. However, creating a tenancy agreement which covers all aspects that might be required is a massive undertaking. If you do not have extensive legal knowledge it is likely that you will not think of everything that needs to be included. On the other hand solicitor’s fees can be very expensive.


A general AST template offers an affordable alternative. Downloadable in Word format, the document is completely customisable so it is guaranteed to suit your needs. Drafted by a qualified solicitor and written in plain English, ensuring that this document is both legally binding and easy to understand.

 

£9.99