If you`re a tenant in the UK, you may be asked to sign an Assured Shorthold Tenancy Agreement (AST), which is a legally binding document outlining the terms of your tenancy. An AST is often used when renting a private residential property, and is the most common type of tenancy agreement in the UK. If you`re not sure what an AST is, or whether you should sign one, keep reading to learn more.
Firstly, it`s important to know what a tenancy agreement is. A tenancy agreement is a contract between a landlord and a tenant, outlining the terms of the tenancy. It should cover things like the length of the tenancy, the rent payable, how and when it should be paid, and any other conditions or obligations that both the landlord and tenant need to adhere to.
An AST is a specific type of tenancy agreement that gives the landlord the right to take possession of the property at the end of the tenancy period, providing they give the tenant at least two months` notice and the terms of the agreement have been met. This is known as a `no-fault` eviction, as it doesn`t require a breach of the tenancy agreement on the part of the tenant. However, there are certain conditions that a landlord must meet before they can use an AST, such as protecting the tenant`s deposit in a government-approved scheme and issuing the tenant with a gas safety certificate.
If you`re asked to sign an AST, it`s important to read it carefully and make sure you understand all of the terms. The National Landlords Association (NLA) offers a standard AST template that can be used by landlords and tenants. This can be a useful starting point, but bear in mind that individual landlords may have their own terms and conditions that they want to include.
Some of the key things to look out for in an AST include:
– The length of the tenancy. Make sure you know how long the tenancy agreement is for, and when it will end.
– The rent payable. Check how much rent you`ll need to pay, how it should be paid (e.g. by standing order), and when it`s due.
– Any additional charges or fees. Some landlords may charge additional fees for things like cleaning or maintenance. Make sure you know what you`ll be expected to pay, and when.
– Your responsibilities as a tenant. This might include things like keeping the property clean and tidy, not causing damage, and paying for any utility bills not covered by the rent.
– The landlord`s responsibilities. Make sure you know what the landlord is responsible for, such as making repairs or providing a safe and habitable property.
– Any restrictions or rules. Some ASTs may include restrictions on things like pets or smoking.
If you`re unsure about any of the terms of the AST, it`s important to ask the landlord or letting agent for clarification before you sign. Once you`ve signed the agreement, it becomes legally binding, so it`s important to be sure that you`re happy with all of the terms.
In conclusion, an Assured Shorthold Tenancy Agreement (AST) is a common type of tenancy agreement in the UK. It`s important to read the agreement carefully and make sure you understand all of the terms before you sign. If you`re not sure about anything, ask the landlord or letting agent for clarification. The NLA offers a standard AST template that can be a useful starting point, but be aware that individual landlords may have their own terms and conditions.