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Legal Terms - Assured Tenancy
A type of tenancy established by the Housing Act 1988, where the tenant pays a rent that is determined by the market, but is also granted the right to remain in the property for an extended period of time. The premises could potentially be
Available in either a furnished or unfurnished state. This type of tenancy supersedes all protected tenancies, with the exception of those that were established before to the implementation of the Housing Act 1988.
In order to be considered a guaranteed tenancy, the premises must be rented out as a distinct and independent living space, and must fall under specific limits of rateable value. There are specific exemptions, such as when the landlord resides in a different section of the same property. According to the Housing Act 1996, starting from 28 February 1997, all new residential tenancies are considered guaranteed shorthold tenancies without security of tenure, unless a notice is specifically given to indicate that the parties are establishing an assured tenancy.
The landlord can only reclaim ownership based on specific legal grounds.
The grounds for eviction include: failure to pay rent; the landlord's need to reclaim the dwelling for personal use after previously residing there; the tenant being a disruptive neighbor or having the potential to become one; and the availability of alternative housing options (the court has the authority to exercise discretion in this last scenario).
Upon the death of a tenant with an assured tenancy, their spouse, civil partner, or cohabitee may, under specific conditions, inherit the tenancy as the successor to the deceased tenant. A tenant with a guaranteed tenancy agreement typically cannot transfer the tenancy to someone else without obtaining the landlord's permission.
A type of tenancy established by the Housing Act 1988, where the tenant pays a rent that is determined by the market, but is also granted the right to remain in the property for an extended period of time. The premises could potentially be
Available in either a furnished or unfurnished state. This type of tenancy supersedes all protected tenancies, with the exception of those that were established before to the implementation of the Housing Act 1988.
In order to be considered a guaranteed tenancy, the premises must be rented out as a distinct and independent living space, and must fall under specific limits of rateable value. There are specific exemptions, such as when the landlord resides in a different section of the same property. According to the Housing Act 1996, starting from 28 February 1997, all new residential tenancies are considered guaranteed shorthold tenancies without security of tenure, unless a notice is specifically given to indicate that the parties are establishing an assured tenancy.
The landlord can only reclaim ownership based on specific legal grounds.
The grounds for eviction include: failure to pay rent; the landlord's need to reclaim the dwelling for personal use after previously residing there; the tenant being a disruptive neighbor or having the potential to become one; and the availability of alternative housing options (the court has the authority to exercise discretion in this last scenario).
Upon the death of a tenant with an assured tenancy, their spouse, civil partner, or cohabitee may, under specific conditions, inherit the tenancy as the successor to the deceased tenant. A tenant with a guaranteed tenancy agreement typically cannot transfer the tenancy to someone else without obtaining the landlord's permission.
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