Thanks for the prompt reply, Chestnut I'll be putting up the rent this year and making some adjustments to the tenancy agreement so I'll be re-issuing a new contract. Does that make a difference? And yes, BTW, the students are (fortunately for me) model ones so am very happy for them to continue.
As landlords new to both letting AND letting to students, I'd be grateful for any advice on the following: A present AST is due to expire with four students who together wish to renew their tenancy for a further year. Their deposits are protected. What would be best practice: to reclaim the deposits and start again with the new tenancy, or simply allow the deposits to lapse into the next tenancy period? If the latter, do I need to inform the Scheme? Thanks for any advice you can offer