My landlord needs to have their rent insurance liability validated. And for that to happen, the tenancy contract needs to renewed.
However, in my contract (ie I am the tenant), it states once the fixed term expires, my tenancy will continue as monthly tenancy which will run from month to month.
The agent however insists I should sign a 12 month contract and pay them a fee, though nothing of this is stated on the contract, ie there is no “renewal clause”.
Our landlord are good people and kind and we are more than happy to help them to ensure their insurance is validated, however should we be responsible paying the agent, though:
1. there is no renewal clause
2. the clause states once the fixed term ends, we would go on monthly rolling tenancy.
So to me, i am helping our landlord to validate the rent insurance by signing 1 year contract, but am asked to pay the fee?
Also at some point during the discussion, the agent stated should I not come to a decision, that they terminate the contract and servd 2 months notice.