Assured tenancy - UK Mortgage definition

UK Mortgage definition

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Assured tenancy

This is a method of creating a tenancy which provides the tenant with some security of tenure for the agreed period. For most uk Buy- to- Let rentals, the Assured tenancy is a an 'Assured Short-term Tenancy' (AST) which is normally renewable every six months.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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