Legal & Regulations
Right of First Refusal
Tenant's right to buy before external sale
Full Definition
In blocks of flats, leaseholders may have right of first refusal when freeholder sells. The Landlord and Tenant Act 1987 gives qualifying tenants the right to match any external offer. This can affect sales timelines and processes for freehold reversions.
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EPC (Energy Performance Certificate)
Rating of property's energy efficiency from A-G
MEES (Minimum Energy Efficiency Standards)
Minimum EPC rating required to legally rent property
Article 4 Direction
Planning restriction on converting properties to HMOs
HMO Licensing
Legal requirement for renting to multiple households
Selective Licensing
Licensing scheme for all private rentals in designated areas
AST (Assured Shorthold Tenancy)
Standard tenancy agreement for private rentals