Breaking Your Tenancy Contact Early
Our ideal is Tenants Stay the Full Duration of their Tenancies
We want a stable set of housemates in our properties and the commitment from our tenants to see out the full duration of their tenancy agreements. This promotes harmony and requires tenants to see our properties as long-term homes not temporary lodgings. Tenants do not want to live with a revolving door of changing housemates. They want to build long-term relationships with fellows they know and trust.
On our side, we do not want to be letting rooms on a piecemeal basis all year round. The process is time-consuming - taking calls and doing viewings at unsociable hours. It takes many nights of viewings to find the right replacement tenant out of peak season. It is much harder than doing it in July when lots of new graduates are moving to London to start new careers. And it is expensive - running an advert costs about £500 a week. Normally this cost is shared over a number of contemporaneous vacancies but there is no economy of scale if we advertise your room alone.
So for these reasons we tend to let our properties on an annual basis from 1st September – 31st August. We advertise and conduct viewings for new tenants each July.
But we know circumstances can change
We recognise circumstances can change however so if you need to break contract and vacate early we will allow you to do so on any of our four designated rental ‘quarter days’ by giving notice on or before the 15th day of the previous month.
If you have plans to buy a property, change jobs, go travelling or move in with a partner you can hopefully fit them around one of these dates.
There will be out-of-season costs to cover equivalent to either a quarter or half of your total monthly payment deducted from your deposit if you want to break your tenancy early. This charge is payable without complaint, negotiation or request for a discount.
tenancy EARLY TERMINATION COSTS AND TIMETABLE
Here’s a summary of tenancy contract break dates, notice periods and costs to cover: -
We have made it cheaper to vacate on 28th Feb (that is after six months of our standard contract) by giving notice on or before 15th January.
And you will see there is no cost at the end of the tenancy so the way to avoid any extra costs is simply not to break your tenancy agreement in the first place!
the process - How to Break contract Mid-Tenancy
To give us notice to break your tenancy contract early please complete our ‘early termination form’ via this link
We will then search for a replacement tenant. We will pay for advertising, conduct viewings, notify you when we are coming by (so you can tidy your room in advance) and make an agreement with the most suitable new tenant.
It is quite a tiring process, so synchronising tenancy breaks to fall at the same time means we can manage them in an orderly way, advertise effectively with some economy of scale and set aside enough time and resource, putting our social lives on hold, avoiding booking holidays, to relet your room.
When the time comes for you to actually vacate we will return your deposit and provide you with a reference.
We will return your deposit no later than 10 working days of the end of your Tenancy, and typically the next working day.
Clearing and Cleaning Your Room
When the time comes for you to actually vacate, you will want to clean and clear your room and remove your belongings from the common parts.
We have created a ‘Guide to Moving Out’ so you know what is required of you to return your room to us in good condition and ensure no deductions from your deposit (aside from the early termination break fee itself). Click here to read it.
Deposit Return
We aim to return every deposit within a week of your departure.
To do this we will need your bank details which you provide to us on your exit form.
Please also remember to cancel your standing order that pays our rent.
Mail Redirection
Have a think about who has the house as your mail address and let them know your address has changed.
You should consider setting up an automatic mail redirection via Royal Mail It's only a few pounds and well worth doing.
Click here for more info.