What is a fixed term tenancy? What is a part 4 tenancy?

Fixed term tenancies and Part 4 tenancies

A fixed term tenancy is a tenancy that lasts for a specific amount of time as set out in your tenancy agreement or lease. A ‘part 4’ tenancy runs alongside a fixed term tenancy, which means that the tenant shall, after a period of six months and as in the normal course, become entitled to the provision of a ‘Part 4’ tenancy. A Part 4 tenancy means they can stay in the property for a further 51/2 years or 31/2 years if the tenancy commenced before  24 December 2016 and subject to certain exceptions for termination. This means that irrespective of the length of a fixed term lease, a tenant has an entitlement to remain in the dwelling for up to six years and the landlord can only terminate on limited grounds.