Today has been revealed as the BUSIEST day of the year for tenancies coming to an end, according to the Tenancy Deposit Scheme (TDS).
The September 21st date has been calculated using statistics recorded over the last ten years.
Last year on the third Thursday in September, TDS saw 18,000 tenancies coming to an end, compared to the average of 1,300.
But there’s no reason for landlords to be alarmed.
The RLA’s Landlord Advice Team (LAT) manager, Rupinder Aujla, said the most likely reason for today being so busy day is students heading back to university.
She said: “The LAT has been receiving a lot of calls this week about both student tenancies that are starting and those coming to an end.
“Queries range from calls from landlords about student tenants who are not paying their rent because their student loans have not come in yet, to calls about overseas students who have not arrived just yet.
“This time of year is always very busy for our advice team because of the academic term commencing again.
“To avoid void periods, many landlords like to arrange on student contract to end and another one starts soon after.
“While it isn’t Fresher’s week at every University in the country just yet, often students move in a little bit before this starts, which could explain why today is the busiest day for tenancies coming to an end”
For today only, the RLA is offering all landlords a free tenancy agreement to download. To take advantage of the offer, click here.