Читать книгу Property Entrepreneur - Wong Vincent - Страница 11
PART I
THE OLD DEAL
CHAPTER 1
The History Of Property
Assured Shorthold Tenancy
ОглавлениеUntil the Housing Act 1988, tenants had significant rights in the properties they rented. If they continued to pay the rent, they couldn't be evicted. But if they didn't pay the rent, it was difficult to evict them.
The Assured Shorthold Tenancy gave landlords the right to give tenants two months notice to leave the property (after the first six months of the tenancy). This differs significantly from the Assured Tenancy, which gave the tenants the right to remain in the property unless the landlord was able to obtain an Order of Possession to evict the tenants. Any rent increases were also subject to review by a Rent Assessment Committee, as opposed to the ability, under the Assured Shorthold Tenancy agreement, of landlords to make whatever rent increases they want (although a tenant does have a legal right to challenge any increase they deem unreasonable).
Obviously, most landlords chose to use the Assured Shorthold Tenancy agreement, even though this often meant a high turnover of tenants. Again, remember this point for later, when we come on to discuss tenant responsibility.