A periodic tenancy, or ‘rolling contract’ is a rolling tenancy with no fixed end date. It will be agreed as part of the tenancy agreement, but it’s important to know the ins and outs, including how you end one. Let’s take a look at everything you need to know.
What is a periodic tenancy?
Also known as a rolling tenancy (whether that is weekly, monthly, quarterly or yearly) a periodic tenancy has no fixed end date.
An Assured Shorthold Tenancy (AST) becomes periodic when a fixed term ends, unless you agree to another fixed term.
If the landlord doesn’t renew the tenancy agreement or issue a formal notice to end the tenancy at the end of the fixed-term, the tenant is entitled to continue living in the property while paying rent. If the landlord continues to accept this rent; a periodic tenancy will arise.
What are the rules?
If following the expiry of a fixed term, a periodic tenancy will be subject to the same clauses in the original tenancy agreement.
The term of the periodic tenancy will be dependent on when you pay rent. For example, if you pay it every month, it will be a monthly periodic tenancy.
How do you end a rolling tenancy?
You can either:
- Agree an end date with your landlord
- Give ‘legal notice to quit’
It’s a good idea to speak to your landlord or letting agent first, and then give written notice. Not all landlords will be flexible, but some will.
What is the notice period for a periodic tenancy?
For a month-to-month periodic tenancy, the tenant must give a month’s notice to their landlord. The written notice must be given on or before the first day of the one month period.
For a week-to-week periodic tenancy, the tenant must give the landlord at least one week’s notice.
A notice to end a periodic tenancy must:
- Be in writing
- Be signed by the tenant
- Give the address of the rental property
- Give the tenancy end date
Is a periodic tenancy good?
Some of the benefits include:
- Increased flexibility
- Allows you to move somewhere else more quickly should you find a property better suited to your needs
However, of course, this goes both ways. Your landlord can end the tenancy on a short notice period, which can leave you having to find somewhere to live very quickly.
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Last Updated: December 6th, 2021