Comparison With Assured Shorthold Tenancies
From 28 February 1997 most tenancies are deemed to be ASTs under which the landlord has an absolute right to possession where having served a notice on the tenant, before this date they had to be accompanied by a prescribed warning, fixed term, and for at least six months. The only potential disadvantage of a shorthold is the right of the tenant to refer the rent initially payable to the Rent Assessment Committee, however it can reduce the rent only if it is "significantly higher" than the rents under other comparable assured shortholds. In this unusual scenario, the landlord can serve a notice before or after the tenancy has begun stating it is not to be a shorthold, where no rent assessment application has been made. In other regards, except security of tenure, as a subset of assured tenancies these follow the definition requirements of an assured tenancies.
Read more about this topic: Assured Tenancy
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