Assuming you are happy for your present tenant to remain you have two choices. You can either offer another fixed term contract and both parties, assuming they agree, will be bound by those terms for that period.
Alternatively you can let the present tenancy roll on (Periodic tenancy)
By issuing a new shorthold the landlord gains the security of another fixed term but may incure additional administrative costs & will not be able to regain possession of the property until the end of the fixed period. In addition some agents may charge the tenant an additional fee. This can annoy tenants who may be less willing to renew next time.
By creating a periodic tenancy (allowing the tenancy to roll on) reduces costs and can make it easier for landlords to gain possession should they wish to.
- Private rented housing
Information about private rented housing in North West Leicestershire
- Rent deposit guarantee scheme
The rent deposit guarantee scheme is designed to assist people on benefits or a low income to afford the deposit and one month's rent in advance that most private landlords require. We know that it isn't easy trying to find this money. We may be able to help you. With the support of local private landlords North West Leicestershire District Council runs an interest free repayable Rent Deposit Scheme to help people with the initial costs.
- Find a privately rented home
A list of privately rented properties where the landlord is willing to consider tenants in receipt of housing benefit.