What is an assured shorthold tenancy?
The assured shorthold tenancy (AST) is the most common form of agreement in the private rented sector (PRS).
It should be used wherever the following conditions are met -
- The rent is between £250 and £100,000 per annum.
- The tenants are people rather than an organisation such as a company.
- The property will be the tenant's main home.
- The landlord does not live in the same property as the tenant.
Related links -
Last reviewed 18th December 2024