|What are assured and short hold tenancies?|
These are the names of the commonest forms of arrangement for the renting of houses and flats by private tenants. In their current form, they were introduced by the Housing Act 1988 but important changes were made by the Housing Act 1996 with effect from 28 February 1997.
In the legislation, the term “assured tenancy” covers both assured tenancies (sometimes called “full” or “ordinary” assured tenancies) and assured shorthold tenancies. For clarity, this leaflet will refer toassured tenancies and shorthold tenancies to highlight the important differences between the two.
Anassured or shorthold tenancy is the usual form of letting if:
A tenancy will not be an assured or shorthold tenancy if:
the landlord is a “resident landlord”.
Assured and shorthold tenancies allow landlords to charge a full market rent, unlike previous forms of tenancy. Shorthold tenancies also allow landlords to let their property for a short period only and to get it back if they wish after 6 months.
Changes in the 1996 Act mean that:
Under changes in the 1996 Act, if you are a new shorthold tenant, you will: