As a private landlord, one of the most important documents you will have to draft is the tenancy agreement. This legal document outlines the rights and responsibilities of both the landlord and the tenant, and serves as a reference point throughout the tenancy.

Whether you are just starting out as a landlord or have been letting property for years, it`s important to have a well-written tenancy agreement in place. Here`s what you need to know.

1. Include all necessary information

Your tenancy agreement should include all important details, such as the names of the landlord and tenant, the rental price, the length of the tenancy, and the property address. It should also specify any restrictions on how the property can be used, such as whether pets are allowed.

2. State who is responsible for repairs

Your tenancy agreement should state who is responsible for repairs and maintenance of the property. Generally, the landlord is responsible for repairs that are not caused by the tenant, such as boiler breakdowns or roof leaks. The tenant is usually responsible for minor repairs, such as changing light bulbs.

3. Outline the payment schedule

Your tenancy agreement should outline the payment schedule, including the due date and frequency of rent payments. It should also specify whether a deposit is required, and if so, how much.

4. Include information on ending the tenancy

Your tenancy agreement should include information on how the tenancy can be ended, including notice periods and any penalties for breaking the agreement early.

5. Specify the rules regarding subletting

Your tenancy agreement should specify whether subletting is allowed, and if so, under what conditions. If subletting is not allowed, this should be clearly stated.

6. Include any special clauses

Your tenancy agreement may include special clauses, such as restrictions on smoking or use of the property, or requirements for the tenant to maintain the garden. Make sure these clauses are clearly worded and enforceable.

7. Consider a break clause

A break clause allows either the landlord or the tenant to end the tenancy early, usually after a certain period of time has elapsed. Including a break clause can give both parties greater flexibility.

8. Include a section on disputes

Your tenancy agreement should include a section on how disputes will be resolved, whether through arbitration or mediation.

9. Make sure it complies with the law

Your tenancy agreement should comply with all relevant legislation, including the Landlord and Tenant Act and the Consumer Rights Act.

10. Review it regularly

Your tenancy agreement should be reviewed regularly to ensure it remains current and reflects any changes to the law or your own policies.

Overall, a well-written tenancy agreement is essential for landlords and tenants alike. By including all necessary information and following best practices, you can help ensure a smooth and successful tenancy.