When Can I End My Tenancy?

When Can I End My Tenancy?

When Can I End My Tenancy?

When Can I End My Tenancy?

There are 2 types of assured shorthold tenancies, ‘Fixed Term’ or ‘Periodic’. Depending on which tenancy you are currently on will determine how you can serve notice and end your tenancy.

Fixed Term

If you are on a fixed term tenancy, then you are only able to leave at the end of the fixed term  asstated on page 5 of your tenancy agreement. In this case, you are still required to serve Maher Ross with over 1 months’ written notice or you’re likely to be liable for another full month of rent or a fee of £500. (Clause 22.1 of your tenancy agreement)

If you wish to leave the property early when you are tied into a fixed term, sometimes we are able to arrange this subject to your landlord agreeing, new tenants being found by Maher Ross and your payment of an early release fee (currently charged at £480 including VAT). When early release has been agreed please don’t forget that you remain responsible for the rent, utilities, council tax and condition of the property until a new tenant has moved in, or until the end of the fixed term if this is earlier.

Periodic

If you are on a ‘Rolling’, or ‘Periodic’ tenancy, then you simply need to give Maher Ross one months’ written notice before the rent due date. Be careful though, if you are too late and miss this date then you will be required to pay another full month of rent.

If you are considering ending your tenancy early or if you have any further questions then the Maher Ross team are very keen to help you - just ring us on 01983 563000.