Have you seen the new tenancy agreement?

The shifting sands in the Buy to Let world continue as we herald in one of the biggest shake ups in tenancy law with the advent of PRT - the new Private Residential Tenancy. And would you not know it, with just over 6 weeks to go until it comes into force you still cannot get a draft of the new documents. One can only surmise that the the government's legal eagles are busying themselves with last minute tweaks before the seismic changes are released. All you can see is the solicitors licking their lips in anticipation of all those cases rolling in on the basis that the legislation will have more holes than a swiss cheese.

Here is what we know at the moment

• Trickier for landlords to seek possession from tenants.

• Limitation in rent rises

• Notice to Leave to replace Notice to Quit and Notice of Proceedings

• Landlord can only seek to reposses where at least one of the mandotory grounds are present.

• No AT5 form

• 4 week notice period for a tenant to leave a property at any time

• Landlords minimum notice on statutory grounds is 28 days where lease is less than 6 months - 84 days where longer.

• Rent rises once a year with minimum 3 months notice

• "Rent Pressure" zones to be created meaning that rents in that area can only rise by % set by government.

Surely to goodness the draft paperwork will come out before the end of the month to give the industry a reasonable amount of time to take stock and get the new legislation bedded in.

Aye, that'll be right!