Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Rent definition

What does Rent mean? Rent is the monetary consideration a tenant pays to a landlord for the right to occupy premises under a lease. In UK and Irish practice, rent must be certain or objectively ascertainable from the lease throughout the term, typically by stating an annual sum and (if applicable) a review formula (open market rent review, index‑linking or fixed uplifts). Commercial rent is commonly payable in advance by equal instalments on the specified rent payment dates. English quarter days (25 March, 24 June, 29 September, 25 December) remain widely used in England & Wales and Northern Ireland; Scotland traditionally uses Scottish term days...

Rent Act 1977 regulated/protected and statutory tenancies: identification, exceptions, fair rent registration, possession and succession (England and Wales)

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Practice notes

Regulated tenancies

Regulated tenancies—often referred to as protected, statutory or fair rent tenancies—arise under the Rent act 1977 (RA 1977) and constituted the chief private residential tenancy type until 15 January 1989. Where a tenancy was granted on or after 15 January 1989, when the Housing Act 1988 took effect and assured tenancies became the prevailing private residential model, inclusion within RA 1977 is possible only in narrowly defined situations. Nevertheless, a considerable proportion of protected tenancies persists and, if they are not properly recognised, a purchaser acquiring property subject to a regulated tenancy may pay too much and be unable to achieve vacant possession. RA 1977 tenancies carry very strong security; in the majority of cases the landlord must await the tenant’s departure, though the parties may sometimes negotiate a surrender in exchange for a financial incentive. Be aware that, although several categories of residential tenancies and licences in Wales were abolished and replaced with occupation contracts by the Renting Homes (Wales) Act 2016 (RH(W)A 2016), existing protected and statutory tenancies under RA 1977 are specifically carved out from RH(W)A 2016 and do not convert into occupation contracts under that legislation, and instead retain their existing status in Wales without...

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Web page updated on 21/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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