Early termination of a tenancy agreement
We have a question regarding a tenant who is in contract until 31st November 2019.
He is on a joint AST with 2 other tenants and he would like to leave to go back to Spain but the other 2 tenants would like to stay.
We have explained to him that if he finds a replacement tenant he can pay a fee of £50 for a name change on the contract.
He is struggling to find a replacement tenant for the name change.
Can we agree to allow him to leave early without finding a replacement tenant, but he would lose his part of the deposit which he paid when he moved in and have to pay us 2 months rent to allow us time to find a replacement tenant?
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