Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.
RRA and the How To Rent Booklet: Changes for Student Tenancies
A student property with a 12-month assured shorthold tenancy (AST) has transitioned to a periodic tenancy under the RRA. One of the original tenants is remaining in the property, while two new tenants are expected to move in over the coming months.
The situation, as described in the Property118 report, highlights a common scenario for letting agents and inventory clerks managing student accommodation. The original fixed-term AST has ended, and the tenancy is now periodic, with a change in the tenant composition as new occupants join an existing tenant.
The report references the How To Rent booklet in the context of these tenancy changes, but does not provide further details on specific requirements or procedures.
Letting agents and inventory clerks should be aware of the implications of tenancy transitions under the RRA, particularly when original tenants remain and new tenants are added to a periodic tenancy.
Source: Property118