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Sublet

The selective licence scheme is set up by local authorities for private landlords who let their properties. In addition to obtaining a selective licence from a local authority where required, you are also required to comply with the lease terms and obtain consent to sublet and/or register the sublet with the landlord.

Yes, if you are renting your property to a subtenant and receiving rent, this is referred to as subletting/underletting under the terms of your lease.

Your lease may require you to obtain consent and/or register the sublet with the landlord.

Please note that our application for consent and to register your tenancy agreement is now available online, for a reduced fee.

Please apply by registering on our website and logging into your account, selecting "Subletting Registration" and following the onscreen instructions.

If you are unable to see the sublet form online please use the Contact Us page, selecting 'I wish to sublet or rent my property’.

In addition to any lender requirements, you are required to comply with the lease terms including any subletting requirements.

Your lease may require you to obtain consent and/or register the sublet with the landlord. Please note that our application for consent and to register your tenancy agreement is now available online for a reduced fee.

Please apply by registering on our website and logging in to your account, selecting ‘’Subletting Registration’’ and following the onscreen instructions.

If you are unable to see the sublet form online please use the Contact Us page, selecting 'I wish to sublet or rent my property’. 

A contingency fee is a contractual payment set out in the lease terms which may be payable upon any subletting, assignment or transfer of the property. This fee is payable in addition to the registration fee and transfer fee set out in the lease terms and is payable upon each change of tenancy.

The contingency fee is collected for the benefit of all leaseholders at the development and is not retained by the landlord or management company or subject to their discretion.

The purpose of a contingency fund is to provide funds for major items of repair or replacement at the development and if the lease did not provide for a contingency fee, the cost of these items would have to be met through the service charge.

As the owner of the building it is important that our client understands who is in occupation of the building and that we maintain up to date records.

Please note without this information we will be unable to issue consent to sublet and/or register the subtenant as set out in the lease terms.

Please note that any data provided to us will be stored safely and securely in strict adherence with data protection legislation.

 

A fee may be payable upon every new tenancy agreement, including a renewal. 

If you have entered into a new tenancy agreement with the existing subtenant or your tenancy is continuing on a rolling basis, please update us by registering on our website and logging into your account, selecting 'Subletting Renewal Rolling' and following the onscreen instructions.

As the owner of the building it is important that our client understands who is in occupation of the building and that we maintain up to date records. If you are not subletting the property please update us by registering on our website and logging into your account, selecting ‘Sublet Exception’ and following the onscreen instructions.

Your lease may require you to pay a transfer fee upon any subletting of your property.

If this is the case, in accordance with the agreement between our clients and the Office of Fair Trading (now the Competition and Markets Authority), a fixed transfer fee must be paid in connection with each new subtenancy and each extension or renewal of a subtenancy. If a subtenancy is granted for a period exceeding one year then a fixed fee will become due annually. This fixed fee is charged in lieu of the transfer fee prescribed in your lease and is subject to an annual increase in line with the Retail Price Index (RPI). The fixed transfer fee for 2021 is £104.89.

The agreement between our clients and the Office of Fair Trading (now the Competition and Markets Authority) only applies to consumers. Therefore, if you are subletting your property as part of a trade, business or profession or you are a corporate entity, the transfer fee prescribed in your lease will apply.