The advantages of a fixed term tenancy includes the ability to be able to time the end of the tenancy with the peak demand in the rental market. This ensures that you are able to find another tenant quickly. It is also a good idea to have all the people that will be living at the address to be a tenant in the agreement. This will ensure that everyone feels like they have a responsibility to look after the place.
Some land lords will also include a term in the tenancy agreement which states that the land lord must be consulted if more people start to reside in the property. Watch our clip for more.