Choosing the Right Agreement with Tenancy Builder
The Tenancy Builder offers various tenancies, contracts, and agreements custom-tailored to your property and situation.
To ensure you have the correct agreement for your property, we provide a dropdown under the "tenancy type" field. Understanding the differences between these tenancy types is essential, so here's a rundown of each option available for England and Wales download.
All the agreements available in Tenancy Builder can be sent for digital signing, which is directly integrated.
Types of Tenancies in England
Assured Shorthold Tenancy
An Assured Shorthold Tenancy (AST) is the most common type of agreement in England's rental market. It gives the tenant the legal right to live in the property as their main home.
Contractual Tenancy
A Contractual Tenancy is used where an AST cannot be used, for example, if the rent exceeds £100k per annum. It is also known as a common-law tenancy.
Lodger Agreement
A Lodger Agreement is used when a landlord rents out a room in their home to a lodger while they continue to live in the property.
Assured Tenancy
An Assured Tenancy provides the tenant with a high level of security. Landlords cannot end these tenancies unless they can prove to the court that they have grounds for possession.
Storage Premises (Non-Domestic Premises Agreement)
A Non-Domestic Premises Agreement is used when renting a property for personal, non-residential purposes, such as storage premises.
Garage Agreement
A Garage Agreement is used when a landlord rents a garage for personal use. This contract defines the terms and conditions of the garage's use.
Types of Tenancies in Wales
Periodic Occupation Contract
A Periodic Occupation Contract is a type of standard tenancy in Wales. It has no set end date and continues until the landlord or contract holder ends it.
Fixed-term Occupation Contract
A Fixed-term Occupation Contract is a standard tenancy with a set end date. The agreement will specify the length of the term, after which it continues as a periodic contract.
Contractual Tenancy
Much like in England, a Contractual Tenancy in Wales is used where an occupation contract cannot be used, for instance, where the tenant is a company.
Lodger Agreement
A Lodger Agreement in Wales is used when the landlord rents out a room in their home to a lodger while still residing in the property.
Storage Premises (Non-Domestic Premises Agreement)
A Non-Domestic Premises Agreement in Wales is used for properties rented for personal, non-residential purposes, such as storage premises.
Garage Agreement
A Garage Agreement in Wales is used when a property owner rents a garage for personal use.
By understanding these tenancy types, you can ensure that you are selecting the appropriate agreement for your property and situation. Our Tenancy Builder is dedicated to helping landlords and letting agents across England and Wales with comprehensive and legally sound tenancy agreements.