Maximum Length of AST?

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Al_605
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I have recently contacted tenants whose contract is soon to run out. They have said they wish to stay on and are willing to sign another AST (with an increase in rent). They have asked me what the maximum length is that I would be willing to offer them.

I have the following questions:

1. What is the maximum length an AST can be for?

2. What are the restrictions or legal implications when offering an AST for a period longer than a year?

3. What issues may arise from offering an AST for longer than a year?

4. What if I wanted to sell the property and the AST still had time to run on it?

Any information or links to relevant websites you can provide would be much appreciated.

07/02/2008 00:00

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