RRA 2026 Ready — Protected Member Document

Letting Agency Terms of Business Agreement

A comprehensive and professionally written Terms of Business Agreement tailored for letting agents. This essential template outlines your agency’s responsibilities, client obligations, fees, and compliance duties under UK property law.

Free with membership
RRA 2026 ready
Editable document
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Letting Agency Terms of Business Agreement TLA member document library.
Member Document Document category.
Free with TLA membership Included with Landlord, Business and Agent plans.
Guidance-led resource: Supports compliance organisation. Does not legally certify compliance.
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This professionally drafted Letting Agency Terms of Business Agreement from The Landlord Association (TLA) is designed for UK-based letting agents to formalise their service arrangement with landlords.

It outlines all core responsibilities, obligations, and payment terms in a clear, legally sound manner, helping avoid disputes and ensuring regulatory compliance. Whether you're a newly registered letting agent or an established property management company, using a formal terms of business agreement is a critical part of your client onboarding process.

📘What's Included in the Agreement?

  • Agent responsibilities – marketing, referencing, tenancy management, inspections
  • Landlord obligations – property condition, legal documents, and communication
  • Fee structures – including letting fees, management fees, and renewal charges
  • Termination terms and breach conditions
  • Client money handling and redress scheme compliance
  • GDPR compliance, data handling and lawful basis for contact

📘Who Should Use This Document?

  • Independent letting agents operating under their own business or brand
  • Large-scale property management firms onboarding new landlord clients
  • Freelancers or consultants offering letting support services
  • Agencies expanding their portfolio with sub-agency or partnership agreements

📘When to Use the Terms of Business

This agreement should be signed before any property marketing or tenancy work begins. It acts as a binding contract to protect both parties and outline payment terms in writing. We recommend revisiting and renewing the agreement annually or when changing fee structures or service levels.

✅ Why This Template Stands Out

Created by legal professionals and reviewed by our solicitor partners, this agreement reflects the latest in UK letting legislation, including:

  • Consumer Rights Act 2015
  • Tenant Fees Act 2019
  • Client Money Protection (CMP) regulations
  • Right to Rent and AML responsibilities
Our TLA Legal Support can help agents customise this agreement, ensure clauses are enforceable, and provide advice in case of disputes.Visit our Legal Support Hub for expert guidance.

📘Related Resources

Every professional letting agent should operate with a signed Terms of Business Agreement. This document helps protect you from disputes, secures your fees, and demonstrates a commitment to high standards.

Document purpose

A practical member resource.

TLA member documents support landlords, agents and property managers with tenancy setup, compliance preparation, record keeping and day-to-day property management under the Renters' Rights Act 2026 framework.

Best used for: tenancy files, compliance workflows, record keeping, managed lettings, notices and pre-tenancy preparation.
General coverage

What TLA documents support

  • Tenancy setupTemplates and records for new and existing tenancy arrangements.
  • RRA 2026 readinessDocuments updated for the Renters' Rights Act 2026 framework.
  • Compliance recordsOrganised record keeping for deposits, notices and certificates.
  • Repairs and evidenceContractor, inspection and communication log support.
  • Notices and lettersStatutory and operational notice templates for common situations.
  • Editable formatsDocuments designed for property-specific completion and filing.
Legal disclaimer: Documents provided by The Landlord Association are for general compliance support and document preparation only. They do not constitute formal legal advice. Members should adapt documents to the specific tenancy, property and management arrangement. Legal advice should be taken where required, especially before serving notices, starting possession proceedings or relying on documents in a formal dispute.