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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.   

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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. 

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. 

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.

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