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Individual tenancy ASTs for rooms in a shared house

Started by xyz, February 15, 2016, 03:31:20 AM

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xyz

Hi All,

I really need some advice.

I've never gone down the multi-let route before but now want to turn a 2 bed house into a living room and bedroom for 1 tenant upstairs and a room, plus conservatory and exclusive garden access for 1 tenant downstairs.

This will allow me to increase my rent by £600-700 pcm. The tenants won't know each other and will be found at different times, which is why a joint AST is not appropriate.

My issues are:

1. I know that I need a specific type of AST for this and I have a great 'joint and several' one, but it cannot be used for this purpose. Does anyone know of a solid AST for tenancies for individual rooms please?

2. If I go down this route instead of having a joint tenancy, how would you advise that I handle issues with damage and/or neglect of common parts and what I could legitimately claim against both tenants if no-one owns up or rectifies the issue(s)?

3. Have I missed anything? What else should I consider?

4. Actually, on further reflection neither of these is just purely a room, so this further complicates things! How the heck do I do this?

As you can see I'm having a sleepless night trying to trawl the Internet for answers!

Thanks in advance :-)

Riptide

So you want 2 people to share/not share a house and charge £600/£700 more than they could rent say next door for?  Presuming you are including every single household bill?

xyz

Not quite.

It does sound a bit confused, but I've done my research and this rent is definitely achievable. It is pitched between the rent for a single room, (which can be over £1000 in this area and start at £550) and a 1 bed flat (rents start from £1,000 upwards). As I would be offering more space and privacy than a room, but non-exclusive use of the kitchen and bathroom, the rent would be at the top of the single room category at my current estimation.

I guess my next step is to work this out with some letting agents to pitch this correctly and then to check with legal and insurance peeps to make sure the right Tenancy Agreement is used and there are no insurance issues.

Thanks!

theangrylandlord

You seem to indicate that you are going to use an agent maybe they have a standard.
Otherwise you can download a room rental agreement from various places on the Internet

E.g https://www.rocketlawyer.co.uk/documents-and-forms/room-rental-agreement.rl#

Alternatively you can draft it up yourself

Best of luck.

xyz