What Does Let Agreed Mean? Rental Terms Explained

‘Let agreed’ is a term used in UK property rentals to indicate that a landlord has verbally or provisionally agreed to let the property to a tenant, but the paperwork and final checks haven’t been completed yet.

It means someone has applied to rent the property and the landlord or letting agent has accepted their offer, subject to things like referencing, credit checks, and signing the tenancy agreement.

Is the Property Still Available?

Technically, the property is not yet fully off the market, but it’s very unlikely to be available to new applicants. Some letting agents might still accept enquiries in case the current agreement falls through, but most will put the listing on hold and stop actively marketing it.

If you’re really interested in a ‘let agreed’ property, you can still ask the agent to contact you if it becomes available again — but don’t get your hopes up.

What Happens During the ‘Let Agreed’ Stage?

During this period, several steps usually happen behind the scenes:

• The tenant completes an application form

• Referencing and credit checks are carried out

• Right to Rent checks are done (in England)

• A holding deposit may be taken to reserve the property

• A tenancy agreement is drawn up

• Move-in dates and deposit details are finalised

Only once all of this is successfully completed does the status change from ‘let agreed’ to ‘let’ — meaning the property is officially taken and the tenancy is confirmed.

What Does It Mean for Tenants?

If you’ve had your offer accepted and the listing now shows ‘let agreed’, congratulations — you’re nearly there. But remember, until contracts are signed, nothing is guaranteed. It’s important to:

• Respond quickly to any requests for documents or payments

• Be honest during referencing

• Keep in contact with the letting agent

Delays or issues during this stage can lead to the agreement falling through, and the landlord may move on to another applicant.

What Does It Mean for Landlords?

For landlords, ‘let agreed’ means a tenant has been selected and is being processed. It gives peace of mind that the property is close to being filled, but it’s not legally binding until the tenancy agreement is signed and the deposit paid.

Final Thought

‘Let agreed’ means the rental property is provisionally taken, but not yet finalised. It’s a sign that the letting process is underway and almost complete — but there’s still a small window where things could change. Whether you're a hopeful renter or a landlord, it's an important stage in getting the deal done.