Sometimes, tenants need to leave before their fixed-term agreement ends due to job changes, personal circumstances, or unforeseen issues. As a landlord, early termination can be frustrating, but handling it properly is crucial to safeguard your property, finances, and reputation.

Start by checking the Tenancy Agreement. Review the contract for a break clause, which outlines how and when either party can end the agreement early. Without a break clause, tenants don't have an automatic right to leave before the fixed term ends without your consent.

Communication Is Key when a tenant requests to leave early. It’s often more beneficial to cooperate rather than resist. Open dialogue can lead to practical solutions, such as finding a replacement tenant or agreeing on a reasonable exit plan that covers your costs. This approach not only helps maintain a positive relationship but also ensures a smoother transition.

If you agree to an early release, ensure you Agree Terms in Writing. You might decide to charge an early termination fee to cover void periods, referencing new tenants, or marketing costs. It's essential that these terms are fair and clearly explained to avoid any misunderstandings.

To minimise financial losses, focus on Re-Letting Quickly. Start re-marketing the property as soon as possible with well-presented listings, updated photos, and prompt viewings to secure a new tenant without too much downtime.

Finally, remember that Deposit Deductions still apply, including a final inspection and potential deductions for damage or unpaid rent. Follow proper deposit protection rules to ensure compliance and avoid disputes.

While unexpected tenancy endings are never ideal, a clear process and cooperative approach can help manage them smoothly, often with minimal disruption. If you're a landlord in Tunbridge Wells, we at Maddisons Residential are here to support you through every step of managing your property effectively.

 

 

 

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