Have been renting my property since 2007 and am currently on a statutory fixed periodic tenancy. I've received an email from the managing agents stating the landlord wishes to put the tenancy on a more formal footing and wants a tenancy agreement in place "for term of 12 months but with no fixed period of tenancy for Landlord or Tenant upon the same terms and conditions of the signed Tenancy Agreement dated March 2007. The notice period will be two months written notice and such notice is to be served in accordance with the Tenancy Agreement". I'm asked if I want to renew the tenancy on the requested terms of the Landlord there will be an administration fee of £55.83 +VAT and will become payable before the tenancy is extended for a further time. I'm told if |i don't want to renew the tenancy I'm required to serve notice to conclude the tenancy. I do want to continue with the tenancy - but does the new tenancy requested reduce my rights? Can I be charged an admin fee by the agents? What's behind the landlord wanting to change the current arrangement?