Glossary · United Kingdom
Assured Shorthold Tenancy (AST)
Quick answer
The most common form of residential tenancy in England and Wales, giving the landlord a right to possession after a fixed term subject to proper notice.
Next steps
Put it into practice
Belgrave in London
Need help with this?
- A London letting agent that protects your property and your rentGet my rental appraisal
- What should your London property rent for?Get my rental valuation
- Luxury property management in London, handled properlyGet a management proposal
- Change your London letting agent without upsetting the tenancyPlan my switch
Not sure how Assured Shorthold Tenancy (AST) applies to your purchase?
An advisor will look at your situation and explain the cost, the timing and what to watch for. Free, no obligation.
Related
Related terms
Break Clause
A term in a tenancy or lease allowing either party to end the agreement early on a set date by giving notice, subject to any conditions.
Tenancy Contract
A legally binding agreement setting out the terms under which a landlord lets a property to a tenant, including rent, duration, obligations and permitted use.
Additional Property Surcharge
An additional SDLT charge that can apply when an individual purchases an additional residential property, subject to the applicable rules and exemptions.
Adverse Possession
The legal process by which someone who has openly occupied land they do not own for a qualifying period may apply to become its registered owner. Colloquially 'squatter's rights'.
Amortisation
The gradual repayment of a loan's capital over its term through scheduled instalments, steadily reducing the outstanding balance.
Asking Price
The price at which a property is initially offered for sale by the seller. The final transaction price may be higher or lower.
The Belgrave Brief
Property explained, once a month
Rule changes, tax deadlines and market moves in London and Dubai, in plain English. Unsubscribe in one click.