If you are planning to rent a property in the UK, you will need to sign a tenancy agreement, which is a legally binding contract between the landlord and the tenant. One such tenancy agreement is offered by EMH Homes, a housing association that provides affordable homes across Leicestershire and Derbyshire.
EMH Homes` tenancy agreement is designed to protect both the landlord and the tenant, ensure that the property is well-maintained, and outline the rights and responsibilities of both parties. In this article, we will take a closer look at the key features of EMH Homes` tenancy agreement.
Length of Tenancy
EMH Homes` tenancy agreement is typically for a period of 12 months, after which it can be renewed or terminated by either party. This gives both the landlord and tenant flexibility, allowing them to assess whether the arrangement is working for them.
The tenancy agreement stipulates the amount of rent payable, the payment frequency, and the due date for payment. Rent can be paid weekly or monthly, depending on the agreement between the landlord and tenant.
The tenant will be required to pay a deposit, which will be held by the landlord to cover any damage or unpaid rent. The deposit amount is typically equivalent to one month`s rent, but this can vary depending on the specific property and rental agreement.
The landlord is responsible for maintaining the property and ensuring that it is in a good state of repair. The tenant is responsible for keeping the property clean and tidy, and reporting any maintenance issues promptly.
Ending the Tenancy
The tenancy agreement outlines the circumstances under which the tenancy can be terminated by either the landlord or the tenant. The most common reasons for termination include non-payment of rent, breach of the tenancy agreement, or the landlord needing to regain possession of the property.
EMH Homes` tenancy agreement is a comprehensive document that outlines the rights and responsibilities of both landlords and tenants. Before signing the tenancy agreement, it is important to read through it carefully and seek legal advice if necessary.
By following the terms of the tenancy agreement, both parties can ensure a smooth and hassle-free tenancy experience. If you are looking for a rental property in Leicestershire or Derbyshire, EMH Homes offers a variety of affordable options to suit your needs.