Check Your Occupation Type
Answer 5:
This will be a ‘company let’ and therefore is not an assured tenancy. It will be a ‘common law’ or ‘unregulated’ tenancy.
The reason for this is that the Housing Act 1988, which set up assured tenancies, defines them as tenancies rented to ‘individuals’ ie living people.
A company is an artificial person and so is incapable, legally, of owning an assured tenancy.
Unregulated tenancies are governed, not by the provisions of any statute, but by the common law rules (see our article here on the common law).
They are similar in many ways to assured tenancies, although unlike assured tenancies today (which are periodic), they can be granted for a fixed term.
However:
- The tenant fees rules will not apply
- Deposits do not need to be protected in a scheme, and
- The eviction procedure is different (section 8 notices will not apply)