Shorthold Tenancy Agreements

[B17NNS]

If I were to buy a property as an investment that already had a tenant with an AST what happens to things like tenants deposits/bonds, rent etc?

[Piglet]

For rent you need to serve a rent notice contersigned by the original landlord to authorise the rent to be paid to you. You'd need to check the original agreement to ensure that there are no relevant clauses that might cause difficulty.

Be careful if it's a pre-1997 tenancy as it would have required service of an additional notice to really be an AST.

[B17NNS]

AST began November 04

Dont want to alter rent or upset anyone - looking for as smooth and painless a transition as possible.

Just wondering what the procedure was.