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.
Non-assured tenancy agreements operate differently from assured or assured shorthold tenancies in a number of important ways. For example, the deposit does not need to be protected in a government scheme, repossession will usually start by serving a notice to quit instead of a Section 21 or Section 8 notice, and the tenant fee ban does not apply to these type of tenancies.
As a result a number of clauses in this agreement will not be suitable if your tenancy is with individuals.
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The advice and resources on this page will be outdated once the Bill comes into force.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
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.