After 12 months have passed since entering a tenancy agreement, there are a number of things that both the landlord and tenant need to consider. These include dealing with the end of the tenancy, renewing or extending the agreement, and returning the property to its original state.

If the tenant decides to leave the property at the end of the tenancy, they need to make sure that they give the landlord notice within the required timeframe. This is usually one month before the end of the tenancy, but it is important to check the tenancy agreement to confirm this. When giving notice, the tenant should also provide the landlord with details of their forwarding address so that the landlord can return their deposit.

Before moving out, the tenant should ensure that the property is left in the same condition as when they moved in, with any damage or wear and tear repaired. The landlord will likely perform an inspection to check that everything is in order, and if there are any issues they may withhold some of the tenant`s deposit to cover the cost of repairs.

If the tenant wishes to continue living in the property after the 12-month agreement has expired, they may be able to negotiate an extension or renewal of the tenancy. This will usually require both parties to agree to new terms and sign a new tenancy agreement.

For landlords, the end of a tenancy is an opportunity to make any necessary repairs or renovations to the property before finding new tenants. It is also a good time to review the rent and decide whether to increase it in line with market rates.

In conclusion, there are several important things to consider when a 12-month tenancy agreement comes to an end. Tenants should ensure they give adequate notice, leave the property in good condition and negotiate any extensions or renewals with the landlord. Landlords should use the opportunity to prepare the property for new tenants and review rent rates. By being proactive and planning ahead, both parties can ensure a smooth transition from one tenancy to the next.