If you are a landlord or a lodger in England & Wales, it is important to have a written agreement in place to protect both parties` interests and ensure that everyone is on the same page. A licence agreement is a legal document that outlines the terms and conditions of the tenancy and sets out the rights and responsibilities of both parties.
However, creating a licence agreement from scratch can be time-consuming and expensive, especially for small landlords who may not have the resources to hire a solicitor. Fortunately, there are many free templates available online that can be used to create a licence agreement that is tailored to your specific needs.
One of the most user-friendly and comprehensive free licence agreement templates for lodgers in England & Wales is offered by Shelter, a UK charity that provides housing advice and support to people in need. Their template covers all the essential details such as rent, deposit, payment terms, length of tenancy, rights of entry and termination, and much more.
The Shelter licence agreement template is designed to be easy to understand and can be customized to suit your specific situation. It also includes helpful guidance notes to help you fill in the document correctly and avoid any potential legal pitfalls.
When using a free licence agreement template, it is important to ensure that it complies with the latest laws and regulations in England & Wales. For example, landlords are now required to provide tenants with a copy of the government`s How to Rent Guide and to protect their deposits in a government-approved scheme. Make sure that any template you use takes these requirements into account.
In conclusion, having a written licence agreement in place is essential for any lodger-landlord relationship, and using a free template can save you time and money. By using a reputable and up-to-date template such as the one provided by Shelter, you can create a legally sound agreement that protects both parties` interests and helps avoid any misunderstandings or disputes down the line.