Welcome to Simply-Docs

Company Let Tenancy Agreement Templates

Under section 1 of the Housing Act 1988, a tenancy is only assured if the tenant is an individual who occupies the property as their only or principal home.  A letting to a company or other non-natural person therefore cannot be an assured tenancy, nor can a letting to an individual who does not occupy the property as their main home, such as a second home. 

What This Means in Practice

Where a tenancy falls outside the Housing Act 1988:

  • The statutory security of tenure provisions applying to assured tenancies do not apply;
  • Tenancy Deposit protection requirements for assured tenancies do not apply;
  • The Tenant Fees Act 2019 restrictions on prohibited payments generally do not apply; and 
  • The landlord must still comply with the Protection from Eviction Act 1977, including a minimum notice period of four weeks. If the occupiers do not leave voluntarily a court order for possession will still be required.

Benefits of Using a Written Agreement

Formalising the landlord/tenant relationship with a written Tenancy Agreement helps reduce the scope for disputes and provides clarity regarding the landlord and tenant obligations. 

Residential landlords must comply with a wide range of legal requirements before granting tenancy.  Our Compliance Checklist and accompanying documents are designed to help landlords meet these requirements. 

These Tenancy Agreements are:

  • Drafted using plain English to make them easy to understand. Where legal terminology is required, explanations are included where appropriate. 
  • Available for furnished and unfurnished houses 
  • Available for furnished and unfurnished flats

Other useful documents are the two-tenancy agreement guarantees for individual and corporate guarantors respectively.

Important Note

These Company Let Tenancy Agreements should only be used where the tenant is a genuine company or other non-natural person taking the property for occupation by its directors or employees. It must not be used as a means of letting a property to an individual who is the true tenant or occupier. Incorrect use of a company let agreement may result in the occupier acquiring statutory rights under housing legislation.   

Please select from the options below:

Company Let Tenancy Agreement Templates is part of Property. Just £38.50 + VAT provides unlimited downloads from Property for 1 year.

Frequently Asked Questions

Is a letting to a company an assured tenancy? +

 No. A letting to a company or other non-natural person cannot be an assured tenancy, nor can a letting to an individual who does not live at the property as their main home, such as a second home. 

I am letting a home to a company for its staff to live in. Which agreement do I use? +
A company let tenancy agreement. The tenant is the company, which then allows its directors or employees to occupy. Because the tenant is not an individual living there as their only or principal home, the letting cannot be an assured shorthold tenancy. These templates cover furnished and unfurnished houses and flats and let named occupiers live in the property.
Why is a company let not an assured shorthold tenancy? +
Because an assured tenancy needs an individual tenant who occupies the property as their only or principal home. A company is not an individual and cannot occupy anywhere as a home, so a letting to a company falls outside the Housing Act 1988. The result is that the company gets no statutory security of tenure and the tenancy runs on its contractual terms.
Does the Renters' Rights Act affect this tenancy? +

No. The Renters' Rights Act reforms apply to assured tenancies. A genuine company let is not an assured tenancy and therefore falls outside those reforms. 

Do I need to protect the Deposit? +

No. The statutory tenancy deposit protection requirements do not apply to company lets because they are not assured tenancies. A landlord may choose to deal with the deposit contractually. 

Do I have to protect the deposit on a company let? +
No. The tenancy deposit protection rules apply to assured shorthold tenancies, and a company let is not one, so a deposit taken on a company let does not have to go into a protection scheme. You should still hold the deposit on clear contractual terms and account for it properly, but the statutory scheme and its penalties do not apply.
How do I end a company let and get the property back? +
On the tenancy's own terms. A company let ends according to the notice provisions in the agreement, subject to the Protection from Eviction Act 1977, which sets a minimum notice of four weeks where premises are let as a dwelling. There are no statutory possession grounds to satisfy. If the company does not give up the property you apply to the county court for possession.
What about the Tenant Fees Act 2019? +

Company lets and other non-Housing Act tenancies are generally outside the Tenant Fees Act 2019 restrictions. However, landlords should ensure that any charges are clearly set out in the agreement. 

How do I obtain possession? +

You must still comply with the Protection from Eviction Act 1977, including a minimum notice period of four weeks. If the occupiers do not leave voluntarily a court order for possession will still be required.

Simply-4-Business Ltd Registered in England and Wales No. 4868909, 20 Mortlake High Street, Mortlake, London SW14 8JN

Top