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Monday, 20 July 2009

Assured Shorthold Tenancies Rental Limits

A tenancy cannot be an Assured Shorthold Tenancies (AST) if the rent exceeds 25,000 pounds

The £25,000 figure can be easily exceeded in a shared house or in a house of multiple occupation, where the rent is calculated as the combined rent of all tenants

Example: 5 joint tenants (for example students in a flat share) paying 100 pounds per week
= 5 x 100 x 52 = 26,000 pounds

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Call Michael Breeze on 07900 195 195 or call 0845 270 2511 to if you need legal advise about any of these issues