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View Full Version : 6mth contract vs 12mth with break clause



anotherTenant
09-11-2009, 22:25 PM
Many LAs are telling me they don't offer 6 month contracts but 12 month ones with a 6 month break clause for both LL and T.

What's the difference?

Thanks!

kadendri22
09-11-2009, 22:41 PM
It's to give some flexibility to LL and tnt at six months .Agents like these 12 month contracts with a six month break clause ,cos it enables them to still pick up a 12 month fee. I'm not an expert so wait for a more detailed answer.

mind the gap
09-11-2009, 23:09 PM
Many LAs are telling me they don't offer 6 month contracts but 12 month ones with a 6 month break clause for both LL and T.

What's the difference?

Thanks!

All other things being equal, a 12 month contract with a break clause operable on both sides does indeed give some flexibility to both LL and T. However if you decide you would prefer a 12 month agreement with no break clause or a six month one, then tell the agent that it is you who are employing them and not the other way round. They should do as you instruct. If they refuse, change agents.

Rodent1
09-11-2009, 23:11 PM
It gives you the opportunity to leave after 6 mths, locks the rent for 6 mths and means you dont need to pay a fee to set up a new ast after 6m. Also dep does not need re protecting. No real downside for a T.

NoMoreFaith
10-11-2009, 10:44 AM
All other things being equal, a 12 month contract with a break clause operable on both sides does indeed give some flexibility to both LL and T. However if you decide you would prefer a 12 month agreement with no break clause or a six month one, then tell the agent that it is you who are employing them and not the other way round. They should do as you instruct. If they refuse, change agents.

As a general rule, the agent is employed by the landlord, so this seems a bit harsh considering the agents may simply be acting on the landlords request.

Quite a few landlords do demand a minimum 12 month term.

jeffrey
10-11-2009, 14:42 PM
All other things being equal, a 12 month contract with a break clause operable on both sides does indeed give some flexibility to both LL and T. However if you decide you would prefer a 12 month agreement with no break clause or a six month one, then tell the agent that it is you who are employing them and not the other way round. They should do as you instruct. If they refuse, change agents.
Er, anotherTenant is- it seems- a tenant, not a landlord.