Totally Free Tenancy Agreements

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We offer the lease free of charge as an introduction to our services. As part of the establishment of the contract, you have the possibility to acquire a credit check of your tenants. This is totally optional and you can create a free lease without getting a credit check. Two copies of the agreement should be made – 1 for the landlord, the other for the tenant. It is the responsibility of one of the parties to keep the agreement in a safe place, as this must be reported during the lease. Updated the standard lease agreement to reflect relevant legislative changes. The lease applies to landlords who rent a purchase to rent real estate in the private rental sector to paying tenants. «Our new AST tool allows landlords to create a bespoke, waterproof and legally binding lease themselves, without spending a single penny. The fact that a DIY owner can now create a professional lease in minutes and know that they have covered their back from a legal point of view means they have to deal with one less thing. «The resulting lease is based on a contract exclusively drawn up for TheHouseShop by the well-established law firm Shakespeare Martineau.

If you are hoping to buy an AST model for your rental, you will find a lot of price differences. A Google search shows some free ASTs. WHSmith has sold a model for £7 before. Some High Street rental agents charge several hundred pounds. The government also establishes its own «model» lease, although its use is voluntary and offers tenants more protection than most landlords would like, it is not widespread. A well-written lease has advantages for both landlords and tenants, specifying who is responsible for repair and maintenance, setting rents and setting notice deadlines. We`ve partnered with Farillio to offer you a free template for a secure short-term rental – something every landlord should consider. «We found that many of our owners were using old and outdated contract templates to establish their leases or were struggling to find something that met their needs. This meant that, in some cases, owners made potentially risky changes to the contracts themselves or used basic templates that didn`t really cover everything they wanted to record. «It will be particularly relevant for use if the parties have a longer-term lease agreement of 2 years or more.

It therefore contains provisions relating to rent checks and those which allow the lessor or tenant to terminate the tenancy for the duration of the reference period if their circumstances change. Nick Marr, co-founder of TheHouseShop, said: «The vast majority of the owners we work with have a DIY approach to running their rental business and doing almost all the work themselves…