Private rent - rolling contract

[Mylittlerainbow]

We had an inspection from our landlord today. They were happy with everything and have asked us if we want to go onto a rolling contract rather than fixed term.

Am I wrong to think this is a good thing? We are very happy here and have no intention of leaving anytime soon unless we come into money and can afford to buy our own place.

A rolling contract sounds ideal to me, but now I'm worried that there's something I don't know that could impact me down the line. How do we stand in relation to rent increase, renewal fees etc? Anything I should know?

Can't charge renewal fees now.

Fixed term you have the security of knowing you can't be served notice. But on the other hand you couldn't give notice either.

We were in private rented for 7 years until recently. Apart from the first 6 months, the remainder of our tenancy was a rolling one, which was absolutely fine. It’s more flexible for both sides.

A rolling contract continues on the same terms but as pp said is more flexible on both sides. Usually, you both have to give a months' notice

With rolling assuming you pay rent monthly you or they can give notice at any time.
If you give notice, you pay the rent once more and move out when that expires. If the landlord does, you pay the rent the next two times and move out after that expires.
So kind of 1-2 months for you and 2-3 for the landlord.
I agree it's better but you know your situation better than anyone else. In many ways it sounds like the landlord likes you and wanted you to stay long term and not be reminded regularly about extra faff

no benefit for a landlord in having a fixed term tenancy, just costs fees (which will have doubled due to the tenancy fee ban). Outside the rental nightmare of London, landlords don't actually evict 'on a whim' (even if it were possible - it takes six months) because it doesn't make sense to have an empty property. Also a fixed term is bad for a landlord in case a tenant goes druggie (not saying this is you!) as it is then virtually impossible to evict until six months after the end. Proceedings can at least be started earlier on a rolling.

no fixed term also means rent can go up, but again outside the holy city this doesn't happen too much, supply and demand and all that.

if you are happy and your landlord intends staying in the business, not a problem. But do get informed - read the how to rent guide you should have been given. A bit worried that you didn't know about the fee ban.