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He gave them the advantage of retiring earlier while finances were in order. Instead of being extended for a few months and causing them financial hardship, which would not have been a good thing for both of us. When and how much termination you give depends on the type of rental you have and what your lease says. You don`t have to terminate to say you`re leaving on the last day of your fixed term, unless your lease says you have to. As of June 1, 2020, you will not be able to get paid a fee for a renewal agreement, even if your current agreement provides for it. If your rental is less than £250 or more than £100,000 per year, or if it is used as a holiday home, it is not entitled to a secure rental agreement. .