Company let agreement
What type of tenancy does this agreement create?
Provided your tenants are an incorporated body this agreement will create a non-assured tenancy agreement and the document has been designed with this in mind. This agreement will typically be used where you let out your property to a company who then place their employees inside the property.
Can I use this agreement if I am letting the property to a person?
No, this document is not suitable if you are letting to a person or a group of people. Where you are letting to a person, then the tenancy will normally be an assured or assured shorthold tenancy.
These tenancy agreements follow very different rules from non-assured tenancies, and your tenancy should reflect this as it ensures that tenants know their rights and the contract properly protects you.
Renters’ Rights Bill
The Renters' Rights Bill is expected to come into force in summer 2025, making the most significant changes to the private rented sector in over 30 years.
Amongst other things, the Bill will -
• Abolish Section 21;
• Change the type of tenancy you can offer;
• Introduce a new Decent Homes Standard to the PRS;
• Change advertising practices; and
• Significantly strengthen local authority enforcement powers.
The advice and resources on this page will be outdated once the Bill comes into force. The NRLA is currently preparing a suite of replacement guides and documents to help you manage the transition smoothly.
For further information on the passage of the Bill and its details, please see our dedicated campaigns hub
Purchase your NRLA Company Let Agreement today for just £9.50
Gain total peace of mind that your tenancy agreement complies with all relevant legislation. Not only that, but if there any updates to our tenancy agreement following your purchase, you'll have 90 days to access the updated version via your guest membership.
Includes completion instructions.