The Deadline for Agreement is the point at which tenancies are, legally, expected to have been set up. In most cases the Deadline for Agreement will be 15 days after the holding deposit was paid.
However, the deadline can be extended, if necessary.
Who can extend the deadline for agreement?
Either the landlord or a tenant can propose extending the deadline for agreement. However, everyone (the landlord(s) and all tenant(s)) will need to agree before the extension is binding.
When to extend the deadline
The deadline for agreement can be paid extended at point before it passes and up to seven days afterwards.
How to extend the deadline for agreement?
Any proposal to extend the deadline for agreement should be made in writing and you should make sure to include the following information
- the proposed new date
- the reason why you are proposing the extension
- what actions(s) are required to complete the set up
You need to make sure that everyone (landlord(s) and tenant(s)) agree, in writing, to the proposal.
Once everyone agrees you need to make sure that you keep a record.
What if not everyone agrees
If not everyone agrees to the extension then the original deadline remains in place.
Information on this site is by way of general guidance only and may not apply in your particular circumstances. You should not act or refrain from acting upon information on this site without seeking independent legal advice.