Adding a Tenant to an Existing AST
I have a married couple in a 2 bed flat. They want their friend to share the rent and have the second bedroom. It won't go into HMO territory.
I have told them it should be OK but I will add £100 pcm to the rent.
The AST runs out on 1st April 2017. They don't want to sign a new AST as the rent will be going up from £475 pcm to £725 pcm thanks to S24. I can do this as I don't increase my rents for existing tenants and £725 is still below the market rate.
The AST used at the moment is done by an agent I used to use, not the RLA one I use now again thanks to S24 I am now doing all my own management
What I would like to know is how can I amend the existing AST to add the additional tenant and increase the rent by £100 pcm ?
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.