What is the policy on renewing a lease on rented apartments in London?

The policy on renewing a lease on rented apartments in London can vary depending on the landlord or the letting agent. Some landlords or agents may offer lease renewals as an option to tenants, while others may not.

If a tenant wishes to renew their lease, they should contact their landlord or agent as soon as possible to discuss their options. Some landlords may require tenants to sign a new lease for a fixed term, while others may offer the option to renew on a month-to-month basis.

It’s important for tenants to review the terms of their lease carefully before deciding whether to renew or not. They should also consider any changes in their circumstances, such as job relocation or a need for a larger space, before committing to a renewal.

Tenants should also be aware that if they do not renew their lease, they may need to vacate the property at the end of the lease term or face eviction proceedings. It’s important to communicate openly with the landlord or agent to avoid any misunderstandings or potential legal issues.

 

London Property Expert

Compare listings

Compare
error: Content is protected !!