One of the problems that landlords who rent to sharers often face is where one of the tenants wants to leave mid term.
What is the best way to deal with this? You can’t just cross out one name and write in another as that is not legally valid.
This is actually quite an expensive process as you have the cost of finding a replacement tenant, referencing them, getting a new inventory done, dealing with the deposit and so on.
Plus you now have to deal with the Tenant Fees Act which limits the fees that you can charge tenants, even if this situation.
Some time ago I wrote a kit for this situation, which was called ‘Dealing with Changing Tenants’ and it was one of the kits on our Legal Kits site. This site is gradually being phased out though as I am bringing the kits over here. The Property Inspection Kit has already been transferred over.
So the Changing Tenants kits has now been transferred and updated – in fact one section had to be completely re-written to take account of the Tenant Fees Act 2019.
The kit consists of the following:
This kit is now live on Landlord Law and is available to all members here.
There are a few more kits and courses to be moved over and I will notify you here when this is done.