UK Landlord Forum / Life

Dear members, please can you advise me on the AST.

I have bought a house, through a ltd company with a tenant in situ.
I need to increase rent, the tenant agreed, and I would like to do it via a new AST agreement.
The current one  has been arranged years ago with a pervious house owner.
Can we sign a new AST and will the current one automatically cease?
I'd appreciate your comments.

Yes and yes.

If the rent is agreed and then paid then it stands. It can be very informal actually. I usually prefer to do it via an assumptive friendly email.

No new AST is required.

However, your situation also sounds like there's a years-old agreement in place that hasn't been touched for some time, so it could be a good use of your time to level-set.

Thank you for your answers 

You should bear in mind that if the tenant refuses, you can't force them to sign a new AST