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Your Guide To Tenancy Agreements
Posted by Laura on 25 April 2017
Around this time of year most students have chosen or are in the process of deciding where they are going to live come September and the new academic year.

Whether you choose a traditional terraced house or brand new studio all rental properties come with a tenancy agreement to sign.

This can be a daunting part of the lettings process so the team at Liverpool Student Lets are always on hand in our Renshaw Street branch, over the phone or via email to help with any questions regarding contracts.

Liverpool Student Homes have produced a handy summary to tenancy agreements below. They are the official university service which helps students to find good quality private accommodation in Liverpool. The service is owned and managed by University of Liverpool, Liverpool John Moores University and Liverpool Hope University and is endorsed by their respective Students' Unions. Liverpool Student Lets are proud to be accredited members of this service.


WHAT IS A TENANCY AGREEMENT?

A tenancy agreement is a contract between you and a landlord, although many agreements will also include the details of a managing agent as well.

The tenancy agreement gives certain rights to both you and your landlord, for example, your right to occupy the accommodation and your landlord's right to receive rent for letting the accommodation. It lets you live in a property as long as you pay rent and follow the rules. It also sets out the legal terms and conditions of your tenancy.

We recommend that you get a written tenancy agreement from your landlord or agent and it should be signed by both you and your landlord. The landlord should provide you with a copy of the agreement.

If there are joint tenants on your contract, then it is recommended that each of you should receive a copy of the agreement.


ASSURED SHORTHOLD TENANCY

A tenancy can either be a fixed-term (running for a set period of time) or periodic (running on a week-by-week or month-by-month basis).

The most common form of tenancy is an Assured Shorthold Tenancy (AST). Most new tenancies are automatically this type.


JOINT TENANCY AGREEMENTS

If you and your housemates are all listed on one tenancy agreement with a landlord, then you will have a joint tenancy.

•tenants are jointly and individually responsible for paying the rent and for any damage to the property

•if a tenant does not pay their share or leaves then the other tenants may be required to pay the outstanding rent amount

•if no rent is paid by any of the tenants, the landlord can pursue any of the tenants for the full amount

•if a tenant wants to move out before the end of the contract, it is up to all tenants to find a replacement or they can agree to continue with the tenancy but covering the extra rent

•if a replacement tenant is needed, all existing tenants must agree to the new tenant.

•in a joint contract, landlords cannot evict one tenant without evicting all of the others

•if you have any problems paying your rent or continuing to live in a property, always talk to us at the earliest opportunity.


INDIVIDUAL TENANCY AGREEMENTS

If each of you signed a separate agreement with the landlord, then you will have individual tenancies.

•you are only responsible for paying your own rent

•you will be responsible for paying for any damage within your own room and an appropriate share of any damage in communal areas (unless another tenant accepts responsibility)

•if another tenant moves out you will have no say over who replaces them

•if you wish to move out before the end of your contract, the landlord may agree to release you, but you may have to find a replacement

To discuss your contract or get advice on any aspect of student accommodation get in touch today.

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