What is a fixed term tenancy?
A fixed-term tenancy lasts for a fixed amount of time – e.g. 1 year, 18 months. The amount of time must be written clearly on the tenancy agreement. If the fixed-term agreement is for longer than 90 days, the tenancy automatically becomes a periodic tenancy when the fixed term tenancy expires, unless either you or the landlord give notice to end the tenancy at the end of the fixed term period.
This tenancy gives you certainty for a fixed period, however, you can’t end the fixed term tenancy before the end date. If you choose to move out, you’re still responsible for paying the rent until the end date.
Fixed-term tenancies will automatically convert to periodic tenancies unless: For fixed-term tenancies that started on or after 11 February 2021 and expire on or before 30 April 2025, the law before these changes will still apply
- A landlord or tenant provides notice 90 to 21 days before the fixed term ends (no reason required).
- Both parties agree on an alternative if more than 90 days remain before the expiry.