I just signed an AST with a 12 months fixed period after May 1st. Is this legal?
Hello all. I’m set to move into a rental property on June 1st. On May 13th I signed the tenancy contract and paid the first months rent + security deposit.
I have just been reading back through the contract and on page 2, clause 1.8, it states: ‘Term of tenancy: 12 months’. Additionally, the contract is titled as an ‘Assured Shorthold Tenancy Agreement’. This is in large, bold text at the very top of page 1. From my vague understanding of the new Renters Rights Act, fixed term contracts have been abolished and the tenancy agreement I should have signed is an Assured Periodic Tenancy, not an AST.
I have concerns about the fixed 12 months period as from my understanding this was abolished under the RRA. I’m aware I should have raised these concerns several days ago, prior to signing it. I know this is going to sound bad but as I’m relocating to the other side of the country, I have never seen the property in person besides a virtual viewing (video recording) and to be honest I am now having doubts about the property.
Please can anybody clarify whether this contract is legally binding? Thank you all and apologies if I have got this wrong.