{"id":1767,"date":"2012-09-05T09:00:40","date_gmt":"2012-09-05T09:00:40","guid":{"rendered":"http:\/\/blog.legal4landlords.com\/?p=1767"},"modified":"2012-09-05T09:00:40","modified_gmt":"2012-09-05T09:00:40","slug":"tenancy-agreements-extended-by-landlords","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/tenancy-agreements-extended-by-landlords\/","title":{"rendered":"Tenancy Agreements Extended By Landlords"},"content":{"rendered":"

Happy Buy-To-Let landlords are providing tenants with longer term tenancies, AND guarantees!<\/span><\/h3>\n
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\"Tenancy<\/a>

Tenancy Agreements Extended By Happy Landlords<\/p><\/div>\n

Due to the extravagant costs associated with home ownership and the high deposits required by mortgage lenders, tenant demand in the UK Private Rental Sector (PRS) for affordable rental properties has increased drastically over the past few years .<\/p><\/div>\n

Assured Shorthold Tenancies (ASTs) are being offered for longer terms by landlords in the UK Private Rented Sector (PRS) as tenant demand increases.<\/p>\n

Research by National Landlords Association (NLA) found that 54% of PRS tenants are staying in the same rental property for 2 \u2013 3 years because of the stability offered by landlords, who have taken action to thoroughly reference prospective tenants<\/a> and also because landlords recommend specialist Rent Guarantee Insurance<\/a> to protect their rental income and ease financial stress on tenants.<\/p>\n

UK landlords have reported back to the NLA that 32% of PRS tenancies exceeded 4 years, with 12% reporting that they have had the same tenants for over 5 years.<\/p>\n

The NLA also found that out of the 546 landlords it surveyed<\/p>\n