968. Long residential tenancies at low rents: outline of the 1954 legislation and phasing out.

When a long tenancy comes to an end, the tenant may be entitled, since 15 January 1989, to remain in possession as an assured tenant (although, under a legislative scheme that is now being phased out, an existing tenant may remain in possession under a statutory tenancy that was created before 15 January 1989)1.

The protection of the Rent Acts was extended by Part I of the Landlord and Tenant Act 1954 (as amended)2 to certain tenants3 occupying residential property under long leases at low rents4 so that, on the termination of any long tenancy at a low rent5, the