When deciding to rent a room to a lodger, it’s important to consider the tenancy agreement you have in place. Making sure you have the necessary protection for you, your home and the lodger is essential. A written contract, or Lodger Tenancy Agreement, should be signed by both parties prior to the tenancy start date. Take a look at this …
Your Guide to a Rolling Tenancy Agreement
There’s a lot of tenancy agreements to keep in mind and plenty of them offer a series of flexible options for your tenants. One such example is a monthly rolling contract tenancy, known to many as just a rolling tenancy agreement. This type of tenancy agreement can be useful for people who need a little flexibility in their renting, and …
Farm Business Tenancies: What Factors Need to be Considered?
Farm businesses can come in various forms: livestock feed manufacturing or fruit growing. An agricultural tenancy agreement will be needed if a business is operated on agricultural land. Agricultural tenancies differ from other business tenancies, as each can be unique. This can confuse when compared to other types of tenancies. Are There Different Farm Business Tenancies? Two types of tenancies …
Creating A Resident Landlord Tenancy Agreement
When purchasing a property, leasing it out can be a great way of generating income. However, landlords must complete the correct paperwork to benefit from a lease fully. Although some tenancies are straightforward, others can be unique. As such, using an online template is not advisable. The law regarding tenancy agreements can sometimes be confusing, which is why a professional …
Everything You Need to Know About the Rent-a-Room Scheme
When making money from renting property, there are plenty of options available. However, the right agreement must be in place to ensure that those renting out a room are safeguarded and benefit from additional income. The Rent a Room scheme is available to homeowners and tenants, allowing them to earn up to £7,500 tax-free. Although the Rent a Room scheme …
Creating Your Tenancy Agreement
There can be a lot of factors to consider when leasing a property, but a legal tenancy agreement is vital. Although creating a tenancy agreement is not always a legal requirement, landlords without one often find that there can be legal ramifications, which can also be costly in many ways. For example, a tenant refusing to leave a property could …