Rent received over 25,000 pa

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An increase coming into effect with a new tenancy agreement on 1st September has brought the rent to just over 25,000 pa. I understand that the new deposit scheme does not apply to properties where the rent is above 25,000. I also understand that the agreement I have with my five joint tenants will no longer be a STA. What sort of tenacy do I have and what different provisions may I have to make to protect my property and do I have to comply with any additional rulings?

I would appreciate help on this issue.

Thank you.

Oxford

14/08/2007 00:00

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