What type of tenancies are on offer?
The Crown Estate rents properties under three different kinds of tenancy - regulated, assured and assured shorthold.
Regulated tenancies
- Regulated tenancies are those created before 1989. They are protected under the terms of the Rent Act 1977. Main terms:
- The tenant may remain in their home as long as they wish, so long as they do not breach the terms of their tenancy and it is their main residence.
- The tenant can only be evicted through a Court Order.
- The Crown Estate or the tenant can apply to the Rent Officer for a "fair rent" to be registered.
- A registered fair rent will stay in place for two years.
- If a tenant dies, the tenancy can normally be taken over by a spouse, long-term partner or a member of the family who is living in the property.
Assured tenancies
- Tenancies created after January 15 1989 under the terms of the Housing Act 1988.
- A tenant can remain in a property so long as they adhere to their tenancy agreement and it is their main residence.
- The tenant can only be evicted through a Court Order.
- The rent will be charged at a level agreed between The Crown Estate and the tenant.
- Rents may only be increased once a year.
- If a tenant dies, the tenant's spouse or long-term partner can normally take over the tenancy provided they are living in the property.
Assured shorthold tenancy
- These tenancies are fixed term and let at market rents.
- The tenant may remain in the property for the term of the tenancy provided they do not breach the tenancy agreement.
- The term will be for a period not less than six months.
- The Crown Estate has an absolute right to receive the property back at the end of the term of the tenancy and a court must grant possession to The Crown Estate once the fixed term is over.
- The rent charged will be a level agreed between The Crown Estate and the tenant.
- If the tenancy is allowed to run on after the initial fixed term, The Crown Estate may seek possession at any time on giving the tenant two months notice.
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