What is a Tenancy Swap?
You may be reading this if your tenant has approached us about the possibility of making changes to the tenancy – i.e. one or more tenants moving out and new ones moving in.
In order to help you understand this we have set out the advantages and disadvantages below
How many SWAPS should we do?
As an agency we understand that a decision may not be clear cut. Based on the risks above we would always steer our landlords into starting from scratch but we know this isn’t always clear cut. Either way we would certainly strongly advise NEVER to do more than ONE tenant swap and ONE inventory adoption letter unless there are clear extenuating circumstances – and possibly in the cases of HMO student properties.