Company let agreement

House or flat
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Document overview

This is a contractual (common law) tenancy agreement used to let a residential house or flat to a company. This document should be used in place of an assured shorthold tenancy agreement as the former can only be used where the tenant is a private individual. This is a comprehensive agreement, designed to protect primarily the interests of the landlord.
Compliant with the latest law in
  • England & Wales
  • Scotland
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  • Length:13 pages (3800 words)
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About this letting agreement

This is a contractual tenancy agreement, not an assured shorthold.

It is for letting a house or flat to a company and not to an individual. The company can use the property to house its employees, visitors or anyone else.

The company is not a protected tenant, so you are in far stronger control than under an AST agreement. The landlord has no obligation whatever to the occupier. Conversely, it is for the company to satisfy all the usual tenant’s covenants.

Of course you must stick to your contracted deal. What is more, you cannot push out a residential occupier ruthlessly, but if things go wrong it is easier to obtain possession that for a letting direct to the human occupier.

This is a full agreement drawn to cover all the likely requirements of the landlord, in terms providing options and menus to make it easy for you to decide what you want to include in your deal.

Everything is negotiable, including: the rent amount, when paid, how paid, termination, break clause, good behaviour, deposit against bad behaviour.

You can use this agreement for a lease of any length, but we advise you to keep it short (one or two years maximum) because you do not have to pay stamp duty land tax on a lease for seven years or less, nor do you have to register it at the Land Registry.

*But certain high value leases under seven years may be chargeable to SDLT.

Features and contents

  • All standard provisions included
  • Choice of 40 covenants, or tenant's "promises" setting out what the residents can and cannot do
  • Details of rent and frequency of rent payment
  • Deposit terms
  • Guarantor
  • How the tenancy may end and what will happen
  • Many other necessary legal provisions
Sample company let agreementSample page from the house let agreement

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Recent reviews

Takes the stress out
20 July 2020
This was the first time I needed to provide a company let document and it was very straightforward.
Eve Seaber
Incredibly Helpful
05 June 2019
Instead of an AST let, I now needed a company let contract, about which I knew nothing. This was incredibly helpful as it was a belt and braces job from which I could delete what wasn't needed in our situation, and it also got my head around what was different. They accompanying notes document also helped me to understand the nature of a letting contract in general, as I'm not a legal beagle. Thank you so much.
Kate Foot
Great Service
22 March 2019
Clear, easy to obtain and use document.
Document was needed as a property as changing from being privately let to being rented to a company.
Very clear guidance instructions.
Already been sent to my tenant!
Maria Simpson
Read all 8 reviews

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