# Residential let to company (for its workers)

**URL:** <https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615>\
**Category:** Landlord Discussion\
**Created:** [11 January 2023 14:20 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615 "2023-01-11T14:20:25Z")\
**Posts on this page:** 13\
**Page:** 1

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**Author:** ![Eve2](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/eve2/32/14689_2.png) [@Eve2](https://community.openrent.co.uk/u/Eve2)\
**Post date:** [11 January 2023 14:20 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/1 "2023-01-11T14:20:25Z")

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Hi,

Building company approached me in relation to my residential property and asking if I can rent for their supervisors for the time of the project they will be working on in my town (contract will be signed under their LTD business). They will be paying 6 months in advance so rent is not an issue.

What contract is it the best to use?

What should I look for and be cautious about?

Any useful tips from you?

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**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\
**Post date:** [11 January 2023 15:39 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/2 "2023-01-11T15:39:41Z")

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do you realise how mucky builders can be after a days work ? I should know I am a joiner

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**Author:** ![David122](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/david122/32/1449_2.png) [@David122](https://community.openrent.co.uk/u/David122)\
**Post date:** [11 January 2023 16:39 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/3 "2023-01-11T16:39:33Z")

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complications with letting to companies. I would find another tenant.

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**Author:** ![Eve2](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/eve2/32/14689_2.png) [@Eve2](https://community.openrent.co.uk/u/Eve2)\
**Post date:** [11 January 2023 19:58 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/4 "2023-01-11T19:58:21Z")

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well, thinking of getting 30% rent and 6 months upfront payment - that is a bonus.

Can you advice about questions asked?

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**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\
**Post date:** [11 January 2023 21:25 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/5 "2023-01-11T21:25:34Z")

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you are obviously going to do it irrespective of what we say . Money , money so just go ahead

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**Author:** ![David122](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/david122/32/1449_2.png) [@David122](https://community.openrent.co.uk/u/David122)\
**Post date:** [12 January 2023 12:35 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/6 "2023-01-12T12:35:11Z")

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Have a look at this video before you go ahead:

[![](https://img.youtube.com/vi/6vLfMQDFwBk/maxresdefault.jpg "Seven things to watch out for with Company Lets") ](https://www.youtube.com/watch?v=6vLfMQDFwBk)

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**Author:** ![Geoff](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/geoff/32/1303_2.png) [@Geoff](https://community.openrent.co.uk/u/Geoff)\
**Post date:** [12 January 2023 15:30 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/7 "2023-01-12T15:30:28Z")

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In stating the obvious after agreeing a company let arrangement you don’t have discretion on the individuals who are going to live in your rental property, and it’s debatable if the company do either.  
I have been approached by organisations offering this and they infirm me that no bond would be in place insisting that they have taken insurance to cover issues arising. This leaves you with even Less control regarding recourse.  
My advise, leave well alone

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**Author:** ![Lynn1](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/lynn1/32/62_2.png) [@Lynn1](https://community.openrent.co.uk/u/Lynn1)\
**Post date:** [12 January 2023 19:34 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/8 "2023-01-12T19:34:04Z")

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Don’t do it you will almost certainly live to regret it.

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**Author:** ![perrygrovefarm](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/perrygrovefarm/32/450_2.png) [@perrygrovefarm](https://community.openrent.co.uk/u/perrygrovefarm)\
**Post date:** [17 January 2023 17:44 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/9 "2023-01-17T17:44:51Z")

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I’ve come to the conclusion that some people post to online forums when they already know they are going to make a mistake and what they really want is someone to tell them that it will all be be OK. It’s all about psychology really - authority bias, and group think, even the Abilene Paradox crops up occasionally. Like David122 I find myself more and more inclined to tell posters like this that they should just go ahead and do whatever it is that they want to do, because it’s just so tedious to get dragged into discussions about why it might actually not be a great idea after all.  
PS: It’s not a great idea

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**Author:** ![Eve2](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/eve2/32/14689_2.png) [@Eve2](https://community.openrent.co.uk/u/Eve2)\
**Post date:** [17 January 2023 18:58 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/10 "2023-01-17T18:58:39Z")

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I get what you saying but apart from telling me “not too” you dont explain why in your opinion is not worthy.

Simply saying “dont do it” is not an answer.

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**Author:** ![Colin3](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/colin3/32/450_2.png) [@Colin3](https://community.openrent.co.uk/u/Colin3)\
**Post date:** [17 January 2023 19:19 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/11 "2023-01-17T19:19:12Z")

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have you looked at the above video? You really want to hand control over your property and who is chosen as the tenant? We can tell you will ignore us and want the money, so we know we are wasting our time

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**Author:** ![perrygrovefarm](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/perrygrovefarm/32/450_2.png) [@perrygrovefarm](https://community.openrent.co.uk/u/perrygrovefarm)\
**Post date:** [18 January 2023 09:09 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/12 "2023-01-18T09:09:50Z")

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Eve2 - see the video for the reasons. There’s your answer

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**Author:** ![system](https://yyz1.discourse-cdn.com/flex031/user_avatar/community.openrent.co.uk/system/32/11_2.png) [@system](https://community.openrent.co.uk/u/system)\
**Post date:** [18 April 2023 09:10 UTC](https://community.openrent.co.uk/t/residential-let-to-company-for-its-workers/43615/13 "2023-04-18T09:10:30Z")

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