The recent legislation to raise the assured tenancy maximum annual rental threshold from £25,000 to £100,000 was flagged in the last edition of Hot Property. The move means that existing tenancies which are not assured tenancies because the yearly rent is in excess of £25,000 will become assured tenancies from 1 October 2010 when the Assured Tenancies (Amendment) (England) Order 2010 comes into force.
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