Company Lets for UK Landlords

What are Company Lets?

A company let, also known as a corporate let, is a tenancy arrangement formed directly with a registered business rather than an individual. The company takes responsibility for the property and houses its employees, executives, or contractors.

Northbridge facilitates these arrangements, managing the relationship between you as the landlord and the corporate tenant throughout the tenancy.

Who It Is For

Company lets are ideal for landlords seeking high-quality, long-term corporate tenants. If you have a well-presented property and want the security of a corporate guarantee, minimal void periods, and professional occupants who respect the property, this service is tailored for you.

Benefits for Landlords

• Long-term Occupancy: Corporate agreements typically run for 12 months or more, significantly reducing tenant turnover and void periods.
• Professional Occupants: Properties are occupied by vetted employees of established businesses, ensuring a high standard of care.
• Property Management Included: We manage all communications, inspections, and maintenance throughout the tenancy.
• Reduced Risk: Corporate tenants are financially stable and have strong incentives to maintain the property well.
• Competitive Yields: Company lets often achieve market or above-market rents, delivering strong returns.

Guaranteed Rent Option

We can combine our company lets service with our guaranteed rent scheme for ultimate financial security — you receive your fixed monthly income regardless of occupancy, with professional corporate management.

Is My Property Suitable?

Company lets typically suit well-presented, professionally furnished or unfurnished properties in accessible locations. We assess each property individually and advise on any improvements that may increase its appeal to corporate clients.

How It Works

We assess your property to ensure it meets corporate standards. We then market it to our network of corporate clients. Once a company is approved, we manage the corporate tenancy agreement, handle all ongoing communications, and ensure the property is well maintained throughout the let.

Frequently Asked Questions

What is a company let?
A company let is when a registered business, rather than an individual, signs the tenancy agreement. The business is legally responsible for paying the rent and maintaining the property, while its employees or contractors live there.

What types of businesses use company lets?
We work with a variety of businesses including local hospitals (for doctors and nurses), engineering firms, IT consultancies, and large corporations relocating staff or providing accommodation for long-term contractors.

What are the benefits for landlords?
The main benefits include a highly secure rental income backed by a corporate entity, significantly reduced void periods (as the company pays even if the room/property is temporarily empty), and professional occupants who typically treat the property with respect.