High value tenancy agreement

What type of tenancy does this agreement create?

If your tenants pay more than £100,000 in rent per annum then you cannot have an assured tenancy agreement. Instead you will have a non-assured tenancy agreement.

Non-assured tenancy agreements operate differently from assured 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, and the tenant fee ban does not apply to these type of tenancies. 

These tenancies are unaffected by the Renters' Rights Act,  meaning that non-assured tenancies can still offer fixed terms and require more than a month's rent in advance after 1st May 2026. 

This agreement has been drafted with this in mind. It also includes additional protections to ensure that the value of the property you rent is not diminished during the tenant's stay in the property.