Rolling Assured Shorthold Tenancy Agreement managed by letting agent

Find out more about assured shorthold tenancy agreements

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Legislate's configurable template is an ideal fit for any tenancy agreement. It allows you to create a rolling tenancy, which means the tenant will only be required to sign at the start of the tenancy.

An assured shorthold tenancy agreement (also known as an AST) allows a landlord to let a property to a tenant. The term of an assured shorthold tenancy agreement is usually 6 or 12 months and will usually convert to a rolling periodic tenancy at the end of the initial term.

A rolling tenancy is a tenancy which automatically renews periodically on a rolling basis until either the tenant or the landlord serves notice. The renewal period will depend on the payment frequency of the rent. For example, a tenancy where rent is paid monthly will renew on a monthly basis. A tenancy where rent is paid every 6 or 12 months will renew for 6 or 12 months respectively.

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A letting agent is a person or company which manages a property on behalf of a landlord. A letting agent will source a tenant and often create the tenancy agreement on behalf of the landlord.

A rolling tenancy is common in teancy agreements as it can give confidence and certainty to both the landlord and tenant after the initial term that the property can be occupied and rent will be paid. However, if the landlrd wants to recuperate the property at the end of the initial term, they should make sure that the tenancy agreement does not automatically convert to a rolling periodic tenancy and serve a notice before the end of the fixed term to recuperate it. This is often the case for private landlords who let out properties to student tenants for 12 month fixed terms at a time.

Legislate's assured shorthold tenancy can be created by agents on the behalf of landlords. Agents can also sign on behalf of the landlord if they have their permission. The tenancy agreement also identifies the agent's details and responsibilities so that it is clear who tenants should contact.

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