Sitting tennant

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P
P&K
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Hi All
I'm considering purchasing a property that has an existing tennant. Tennant was originaly on an AST which has rolled over to a Periodic. Rent has not been increased for 2 years. If I buy, do I issue a new AST and can I increase the rent to reflect the local market.
thanks
Phill
25/01/2007 00:00

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