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Joint Tenancies: What Kent Landlords Need to Know

Joint Tenancies: What Kent Landlords Need to Know

Tenancies: What Kent Landlords Need to Know

When they run smoothly, joint tenancies can be a good
source of income for landlords. This three-minute read explains how to get the
best out of them.

tenancies are a great way for friends or couples to live together and share the
rental burden. (Think about best buddies and flatmates Joey and Chandler in Friends,they
had a ball,right?)

joint tenancies can also be good news for landlords, providing steady long-term
income and low tenant turnover. (If your tenants are happy and get along like
Joey and Chandler, they’ll stay for years.)

sometimes, the relationship between tenants turns sour and things can get
complicated. Before we look at managing tenant relationships, here’s a quick
recap on joint tenancies.

  • As a general rule*, all tenants in a joint
    tenancy are liable for the rent. This means that if one tenant falls into
    arrears, the landlord can ask any or all the other tenants to cover the
  • The same goes for damage to the property – all
    tenants are liable. Even if only one tenant (or their guest) caused the
    damage, any or all tenants could be required to pay for the repairs.
  • One person can’t pull the plug on a joint
    tenancy; the landlord and all tenants must agree to end the tenancy.
  • If end-of-tenancy deductions are agreed upon,
    they’re taken from the overall deposit.

the best out of a joint tenancy

Never rely on one tenant to share important
information with other tenants for you (they may fail to do so or may get it

  • If there’s an issue with arrears, notify all the
    tenants and explain that they’re all liable. Tenants who have paid their
    share of the rent can be valuable allies and help persuade the tenant who
    is behind to get back on track.
  • Remain professional and don’t get caught up in
    a melodrama between friends or lovers who have fallen out (they may want
    you to take sides). Remind all parties of their joint liability and
    encourage them to sort it out amongst themselves.
  • Always notify people who sign up to be the
    sole guarantor on a joint tenancy that they’re liable for all rent and
    damages. Often a parent thinks they’re just covering their own child – not
    all the tenants.

To find out how CWB Property can
help manage your property and avoid tenancy troubles, get in touch.

check the terms of your rental agreement and, if in doubt, seek expert advice.