Statutory periodic tenancy agreement and TDS

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C
Charles
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As my existing AST agreements reach their end and the tenants stay on I wish to avoid another AST so that I can continue to hold tenants deposits and avoid the TDS.Therefore I will opt for Statutory periodic tenancy agreements.I have no experience of these other than what I have read recently.Do I need to do anything formally with the tenants or do the clauses in the previous AST automatically roll on but on a monthly rather 6/12 month basis? Is a letter required or other documentation to inform the tenants?
17/04/2007 00:00

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