Renewal of Tenancy Agreement Pack
Our Renewal Agreement empowers you to create a legally binding and secure Assured Shorthold Tenancy. This pack includes both an Addendum and a new AST, allowing you to easily switch between fixed-term and periodic tenancies or adjust rent as needed.
Get Your Renewal Pack
Includes both the Addendum and a new AST template.
£14.95
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Renewing Tenancies: Which Option is Right for You?
When renewing a tenancy, landlords have two options: an Addendum Agreement or a new Assured Shorthold Tenancy (AST). Each has its advantages, and our pack includes both so you can choose what's best for your situation.
When to Use an Addendum Agreement
An Addendum is the most straightforward way to renew. It's a simple agreement that amends or adds to your existing AST. It's a quick and easy way to extend a tenancy for a fixed period, perfect for when you only need to make minor changes.
Benefits include:
- Faster and less costly than creating a new AST
- Can be used to extend the tenancy for a fixed period
- Can be used to increase the rent
- Easy to create and amend
Addendum Case Study
"John wants to extend his tenant's stay for another year without the hassle of a new AST. He uses an Addendum to add a one-year extension and updates the rent. Both parties sign, and the tenancy is securely extended."
When to Use a New AST
When the current AST is expiring or when significant changes are needed, a new AST is the best choice. This is a more formal procedure and is used to make substantial changes, like adding new clauses or completely restructuring the terms.
Benefits include:
- Can be used to make significant changes to the tenancy
- Can be used to increase the rent
- A fresh, legally binding agreement for all parties
New AST Case Study
"Sarah, a tenant, wants to make significant changes, including adding clauses about pet ownership. Her landlord, Steve, creates a new AST with the new provisions and an updated rent amount. Both parties sign, and the tenancy is legally renewed with all changes included."
Conclusion: The Power to Choose
Renewing a tenancy in the UK is a simple process with our pack. An Addendum is easiest for quick extensions, while a new AST is best for significant changes. By having both, you can make the right choice every time to ensure a legally binding and secure tenancy.