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TermCymru

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English: contractual periodic tenancy
Status C
Subject: Housing
Part of speech: Noun, Feminine, Singular
Definition: If the tenancy is a contractual periodic tenancy, the rent can be increased if both the tenant and the landlord agree. If both parties can’t come to an agreement the landlord can use a formal procedure in the Housing Act 1988 to propose an increase to be payable a year after the original tenancy began. Further increases can be introduced annually.
Last updated: 21 May 2013