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The Student Rental Operations Checklist
Before you draft a single lease, find out whether your city has already decided what it has to look like. Eighteen checks covering the lease structure your municipality requires, the licence that may not survive your sale, and the two traps that turn a September turnover into two groups and one house.
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All 5 steps
- Confirm what your municipality requires of the lease itself — Waterloo requires one tenant per lease, London restricts more than three individuals on separate leases
- Waterloo's rental licensing rules changed on July 1, 2026 — if you last checked in June, you checked the old rules
- On a joint lease, a parental guarantor is liable for any tenant, not just their own child — say so before they sign
- Get the N9 in writing before you sign the next group: a 12-month fixed term converts to month-to-month and ends nothing
- Buying a licensed student rental in London? The licence isn't transferable — the seller surrenders it within 72 hours
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