Requirement of Occupation as a Home
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Most lettings by private landlords, which began before 15 January 1989, are regulated tenancies under the Rent Act 1977 unless the landlord and tenant live in the same house. Regulated tenants have greater security of tenure and are subject to rent control.
These types of tenancies are governed by the statutory code set up in the Housing Act 1988, which was amended slightly by the Housing Act 1996. Today's vast majority of tenancies will be assured shorthold tenancies, and both assured and assured shorthold tenancy can charge a market rent for the property.