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How do landlords feel about rolling contracts?

6 replies

Tenant84 · 08/06/2024 17:31

My lease is up soon and I would like to ask my landlord for my lease to just run month to month as I don't want to sign for another 12 months as I am planning to move again at some point.
I have already been here for 2 years and I'm a good tenant. Just worried that he won't like the idea of a rolling contract? How do landlords feel about them generally? There is also a letting agent involved and I know they will get in touch soon to ask if I want to renew things.
Also how much notice does he have to give me to move out if it's a rolling contract and how much notice do I have to give him?
If they don't agree to the rolling contract, what other options do I have to make the tenancy agreement more flexible? Thanks

OP posts:
LauraNorda · 08/06/2024 17:32

As long as you pay your rent on time and look after the place, I doubt that they will care.

From memory, you have to give a months notice and the landlord has to give 2 months notice.

notafraidofthebigbadwolf · 09/06/2024 10:59

It will be absolutely fine. It saves the landlord having to pay any contract renewal fees for a start. It will also give the landlord the hint that you may wish to vacate at some point, and that gives them a nice chance to think about their next steps for the property- whether to renew a mortgage deal, plan for renovations, sale, etc. As far as I know it is a part of every AST that you automatically go onto a periodic tenancy once your fixed term is up, so it is a completely standard thing to suggest. The agent, on the other hand, will probably push for a renewal - that way they maximise their earnings. You don’t have to agree.

MarieG10 · 09/06/2024 11:07

You may find many are fine to avoid additional costs but also a large number of landlords are considering selling so if yours is, it gives them additional flexibility as well.

PuttingDownRoots · 09/06/2024 11:09

After the initial period, I think its helpful to both parties as either can then give notice.

However the landlord being able to give you notice might be seen as a disadvantage.

ItsYourMoneyRalf · 09/06/2024 11:10

notafraidofthebigbadwolf · 09/06/2024 10:59

It will be absolutely fine. It saves the landlord having to pay any contract renewal fees for a start. It will also give the landlord the hint that you may wish to vacate at some point, and that gives them a nice chance to think about their next steps for the property- whether to renew a mortgage deal, plan for renovations, sale, etc. As far as I know it is a part of every AST that you automatically go onto a periodic tenancy once your fixed term is up, so it is a completely standard thing to suggest. The agent, on the other hand, will probably push for a renewal - that way they maximise their earnings. You don’t have to agree.

Most agents in my area will still charge the landlord a renewal commission regardless of a rolling contract. In terms of the OP question, if you've always paid your rent on time and looked after the place, I expect your lanlord will be flexible. Talk to them.

KievLoverTwo · 09/06/2024 11:14

Two months for the LL and one month for you on a rolling contract.

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