Ask an Property Solicitor. Get an Answer ASAP.
Hello, my name is Jim and I am a qualified lawyer happy to help you today.
It is a contract which you have signed with the landlord so you can only back out if you pay the rent in full or if the landlord agrees to release you (normally they would if another tenant could be found to take your place)
Unless there is a break clause which allows you to terminate early of course
Yes, the re-letting cost would assume you terminate early though (as the landlord has to try and get another tenant in given you wan to end it early). You can continue paying until they find a new tenant but you can at the same time say there is no provision in the contract to say you must pay to engage a letting agency - then see what they say. Bear in mind he doesn't have to find someone else to rent - he could insist you pay for the remainder of the agreement. It is like any other binding contract.
It can be a rolling contract or fixed term. Yes, 12 months would be an assured shorthold tenancy. Yes, you need to either live there and pay rent or do not live there and still pay for the rest of the term (it is a binding contract like I said) - unless the landlord agrees to early termination
Do you mean a break clause? That would allow both the landlord and tenant to terminate early during a 12 month term. It is optional in an assured shorthold tenancy.
A fixed term is for say 12 months and ends on a specified date. A rolling tenancy continues until either party gives notice to leave.
Yes, sorry it's not great news - it's the risk of wanting to get out of a contract earlier than the term.
I hope this answers your question – if so could you please click 5 stars at the top of your screen, that will give me a rating on the site and I can answer any follow up questions at no extra charge.
I am very grateful, have a good evening