What is an AST?
What is an AST?…
AST is short for ‘Assured Shorthold Tenancy’, which is the most common form of tenancy in the private rented sector.
A tenancy can be an AST if all of the following apply:
- you’re a private landlord or housing association
- the tenancy started on or after 15 January 1989
- the property is your tenants’ main accommodation
- you don’t live in the property
A tenancy can’t be an AST if:
- it began or was agreed before 15 January 1989
- the rent is more than £100,000 a year
- the rent is less than £250 a year (less than £1,000 in London)
- it’s a business tenancy or tenancy of licensed premises
- it’s a holiday let
- the landlord is a local council
For further information please visit: https://www.gov.uk/tenancy-agreements-a-guide-for-landlords/tenancy-types
Have you got a tenant referencing question?
Then simply email email@example.com and it may feature here, helping other landlords and letting agents with the same query in the future.
Not an LRS member? Click here to join now and gain exclusive access to the only real-time referencing database in the UK, alongside 25,000+ fellow landlords.