The tenancy trail

Answer

Like company lets, resident landlord lets and holiday lets, these are all situations where the tenancy will be a common law ‘unregulated’ tenancy and not an assured or an assured shorthold tenancy.

Landlord Law members can read about common law tenancies  here.

Note that the ‘high rent’ figure of £100,000 was imposed in December 2010 and now applies to all tenancies.  Before that the figure was £25,000.