Hi
I let a flat through an agency. It's a 2 bed with 2 sharers. The one guy doesn't pass financial referencing so pays his share 6 months upfront. The other pays monthly. There is only one TA though.
The TA is now up and the agent tells me that if I allow it to go to a periodic tenancy, both payments would be made monthly, even though that would be a change in conditions in effect. Also, it also means that my LL insurance rent guarantee would be invalidated.
But if I get a new TA (which they want the best part of £200 for!) I have to start again with all the paperwork, referenc