Occupancy Rights

This refers to the rights included in a tenancy agreement giving a tenant the right to the rental property.

Parties

This refers to a collective of landlord and tenant (or a guarantor) who sign a tenancy agreement.

PCM

PCM is an abbreviation for ‘per calendar month’. It is the cost of renting a property on a monthly basis

Reference Check

This refers to the checks to ensure a tenant is good enough and or can afford the property. This includes references from previous landlords and employers.

Resident Landlord

This refers to when a landlord occupies a part of a property as his main home and lets out the rest (of the same property)

Right To Rent

This is carried out by landlords to be sure that the prospective tenant can legally rent in the UK. Get to know more about the right to rent here.

Section 21 (Notice)

This refers to the notice the landlord must give the tenant to end a tenancy period. 

Short Let

This refers to a tenancy period of around six (6) months or less.

SubLet

This refers to when a tenant rents out part of their rented property to another tenant. This needs to be approved by the landlord.