Which type of agreement/tenancy do I need?

Which type of agreement/tenancy do I need?

0:02 AM, 29th August 2023, About A year ago 13

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Hello, I have a prospective tenant who wants to rent my property. They are actually friends of mine.

They are from Lithuania and have passed all necessary checks. I have only ever let before using Assured Shorthold Tenancies.

However, they have informed me that this will NOT be their main home as this is in Lithuania and they have other properties abroad.

They basically want my property to use as a base when they are in this country.

I’m told a AST is not suitable and to use a Common Law Tenancy?

Can anyone guide me as to what type of tenancy I should use?

Thank you,

John


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Russell Cartner

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14:43 PM, 30th August 2023, About A year ago

Reply to the comment left by Graham Bowcock at 30/08/2023 - 13:49
Did you not undestand what I put

GlanACC

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8:40 AM, 31st August 2023, About A year ago

Would be an AST but a) you might have insurance issues as they are not there all the time b) How would you get them out if you had to take them to court for some reason. c) they are friends and this is a sure fire way to fall out. .. AVOID

JC

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8:50 AM, 11th May 2024, About 6 months ago

100% never let a property to either friends or family.
100% it will end in tears.
I can give you dozens of examples I have seen over the last 20+ years.
It never, I repeat never ends well.
To answer your original question, use a standard AST agreement. Do not use any other agreement.
Do take a 5 week deposit and register it in a scheme. Ask them to provide you with a right to rent share code. Due to their rather odd explanation, carry out an AML check on them both.
Make sure that you complete all of these tasks without omission.
It will still end in tears 100% but at least you will be well armed to regain possession of your property.
If you require further advice, please contact me here on property118 or via SAS Letting Agents Ltd.
Enjoy the sunny weekend.

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