Guide and Services |
If you currently own or intend
to purchase residential property for rental in Darlington
or Surrounding areas, you should consider engaging our
property management service. You'll find it both professional
and cost-effective. As we are specialists, we know how
to manage property for optimum performance, whilst ensuring
smooth running tenancies, and compliance with the various
landlord/tenant laws. Maximise the return on your investment
- contact us now. If
you own or intend purchasing residential property for rental
in any other area, please go to our UK
Network page. Our Services include:
- Visiting you at your property, and providing a rental
valuation and any other advice which you may require
about letting your property.
- Advising you on compliance with the various safety
regulations.
- Locating suitable tenants. Your property will be advertised
if necessary, however we have excellent contacts with
various company and other establishment personnel departments,
and furthermore usually have tenants waiting.
- Accompanying tenant applicants to view the property.
- Obtaining and evaluating references and credit checks.
- Preparing a suitable tenancy agreement and arranging
signature by the tenant.
- Collecting and holding as stakeholders a deposit (bond)
from the tenant.
- Preparing an inventory and schedule of condition.
- Checking the tenant into the property and agreeing
the inventory.
- Supervising the transfer of gas, electricity and council
tax accounts into the tenant's name.
- Receiving rental payments monthly in advance, and
paying you promptly, together with a detailed statement
from our computerised management systems.
- If required paying regular outgoings for you from
rental payments.
- Inspecting the property periodically, and reporting
any problems to you.
- Arranging any necessary repairs or maintenance, first
liaising with you in the case of larger works.
- Keeping in touch with the tenant on a routine basis,
and arranging renewals of the agreement as necessary.
- Checking tenants out as required, reletting and continuing
the process with the minimum of vacant periods to ensure
that you receive the optimum return from your property.
We maintain a flexible attitude, and are generally able
to adapt our service to meet our client's individual circumstances
and needs, for example by providing a part only service,
or alternatively by taking on additional tasks and duties. PROPERTY MANAGEMENT
LANDLORDS SERVICES: Tenant Finder Only Service
· Advertise in local press & rightmove.co.uk
· Reference of the tenant/s
· Draw up the tenancy agreement
· Collect the first months rent which our agency fee will be from deducted
· Collect the bond which will be forwarded to the landlord.
· We can handover keys or landlord can meet tenant at the property
Tenant Finder & Rent Collection
· Advertise in local press & rightmove.co.uk
· Reference of the tenant/s
· Draw up the tenancy agreement
· Collection of rent & Bond
· We can handover keys or landlord can meet tenant at the property
Full Management Service
· Advertise in local press & rightmove.co.uk
· Reference of the tenant/s
· Accompanied Viewings
· Inventory of contents and condition of property
· Draw up the tenancy agreement
· Meter Readings
· Collection of rent & Bond
· Check Tenants in and out
· Maintenance service (invoice payments deducted from the incoming rent)
· Quarterly inspections with report
Full Management Service +
6 Months Rental & Legal Protection* *subject to terms and conditions
· Advertise in local press & rightmove.co.uk
· Reference of the tenant/s
· Accompanied Viewings
· Inventory of contents and condition of property
· Draw up the tenancy agreement
· Meter Readings
· Collection of rent & Bond
· Check Tenants in and out
· Maintenance service (invoice payments deducted from the incoming rent)
· Quarterly inspections with report
· 6 Month Rental & Legal Protection*
All fees subject to VAT
Guide for Landlords Before a property can be let, there are several matters
which the owner will need to deal with to ensure that the
tenancy runs smoothly, and also that he/she complies with
the law. For brief details of a subject click on a blue
link below, or scroll down the page. If you require further
advice or assistance with any matter, please do not hesitate
to contact us: Mortgage
If your property is mortgaged, you should obtain your mortgagee's written consent
to the letting. They may require additional clauses in the tenancy agreement
of which you must inform us.
Leaseholds
If you are a leaseholder, you should check the terms of your lease, and obtain
the necessary written consent before letting.
Sub-letting
If you are a tenant yourself, you will require your landlord's consent.
Insurance
You should ensure that you are suitably covered for letting under both your
buildings and contents insurance. Failure to inform your insurers may invalidate
your policies. We can advise on Landlord's Legal Protection, and Landlord's
Contents insurance if required.
Bills and regular outgoings
We recommend that you arrange for regular outgoings e.g. mortgage, service
charges, maintenance contracts etc. to be paid by standing order or direct
debit. However, where we are Managing the property, by prior written agreement
we may make payment of certain bills on your behalf, provided such bills are
received in your name at our office, and that sufficient funds are held to
your credit.
Council tax
Council tax is the responsibility of the occupier. You should inform your local
collection office that you are leaving the property. During vacant periods
the charge reverts to the owner. When unoccupied but furnished, the charge
is 50% of the normal rate. When unoccupied and 'substantially' unfurnished,
there is no charge for the first six months, and thereafter a charge of 50%
of the normal rate.
The inventory
It is most important that an inventory of contents and schedule of condition
be prepared, in order to avoid misunderstanding or dispute at the end of a
tenancy. Without such safeguards, it will be impossible for the landlord to
prove any loss, damage, or significant deterioration of the property or contents.
In order to provide a complete service to the landlord, we will if requested
arrange for a member of staff to prepare an inventory and schedule of condition,
at a cost to be quoted.
Income tax
When the landlord is resident in the UK, it is entirely his responsibility
to inform the Inland Revenue of rental income received, and to pay any tax
due. However, where the landlord is resident outside the UK during a tenancy,
under new rules effective from 6 April 1996, unless an exemption certificate
is held, we as landlord's agents are obliged to retain and forward to the Inland
Revenue on a quarterly basis, an amount equal to the basic rate of income tax
from rental received, less certain expenses. An application form for exemption
from such deductions is available from this Agency, and further information
may be obtained from the Inland Revenue. Important
safety regulations
The following safety requirements
are the responsibility of the owner (the landlord), and where we are to
manage the property, they are also ours as agents. Therefore to
protect all interests we ensure full compliance with
the appropriate regulations, at the owner's expense.
Gas Appliances & Equipment
Under the Gas Safety (Installation and Use) Regulations 1998 all gas appliances
in tenanted premises must be checked for safety at intervals of not more than
12 months, by a CORGI registered gas engineer, and a safety certificate issued,
a copy of which must be handed to each tenant. Records must be kept of the
dates of inspections, of defects identified, and of any remedial action taken.
Electrical Appliances & Equipment
There are several regulations
relating to electrical installations, equipment and appliance safety,
and these affect landlords and their agents in that they are 'supplying
in the course of business'. They include the Electrical Equipment
(Safety) Regulations 1994, the Plugs and Sockets Regulations 1994,
the 2005 Building Regulation - 'Part P, and British Standard BS1363
relating to plugs and sockets. Although with tenanted property there
is currently no specific legal requirement for a qualified electrician
to carry out an inspection and issue a safety certificate (as exists
in the case of gas appliances), it is now widely accepted in the
letting industry that the only safe way to ensure safety, and to
avoid the risk of being accused of neglecting your 'duty of care',
or even of manslaughter is to arrange such an inspection and certificate. Furniture & Furnishings
The Furniture and Furnishings (Fire) (Safety) Regulations
1988 (amended 1989, 1993 & 1996) provide that specified
items supplied in the course of letting property
must meet minimum fire resistant standards. The
regulations apply to all upholstered furniture,
and beds, headboards and mattresses, sofa-beds,
futons and other convertibles, nursery furniture, garden furniture suitable
for use in a dwelling, scatter cushions, pillows, and non-original covers
for furniture. They do not apply to antique furniture or furniture made
before 1950, bed clothes including duvets, loose
covers for mattresses, pillowcases, curtains, carpets
or sleeping bags. Therefore all relevant items
as above must be checked for compliance, and non-compliant
items removed from the premises. In practice, most
(but not all) items which comply must have a suitable
permanent label attached. Items purchased since
1.3.90 from a reputable supplier are also likely
to comply.
General Product Safety
The General Product Safety Regulations 1994 specify that any product supplied
in the course of a commercial activity must be safe. In the case of letting,
this would include both the structure of the building and its contents. Recommended
action is to check for obvious danger signs - leaning walls, broken glass,
sharp edges etc., and also to leave operating manuals or other written instructions
about high risk items, such as hot surfaces, electric lawnmowers, etc. for
the tenant. Preparing
the property for letting We have found from experience that a good relationship
with tenants is the key to a smooth-running tenancy. As
Property Managers the relationship part is our job, but
it is important that the tenants should feel comfortable
in their temporary home, and that they are receiving value
for their money. This is your job. Our policy of offering
a service of quality and care therefore extends to our
tenant applicants too, and we are pleased to recommend
properties to rent which conform to certain minimum standards.
Quality properties attract quality tenants.
General condition
Electrical, gas, plumbing, waste, central heating and hot water systems must
be safe, sound and in good working order. Repairs and maintenance are at the
landlord's expense unless misuse can be established.
Appliances
Similarly, appliances such as washing machine, fridge freezer, cooker, dishwasher
etc. should be in usable condition. Repairs and maintenance are at the landlord's
expense unless misuse can be established.
Decorations
Interior decorations should be in good condition, and preferably plain, light
and neutral.
Furnishings
It is recommended that you leave only minimum furnishings, and these should
be of reasonable quality. It is preferable that items to be left are in the
property during viewings. If you are letting unfurnished, we recommend that
the property contains carpets, curtains, and a cooker.
Personal items, ornaments etc
Personal possessions, ornaments, pictures, books etc. should be removed from
the premises, especially those of real or sentimental value. Some items may
be boxed, sealed and stored in the loft at the owner's risk. All cupboards
and shelf space should be left clear for the tenant's own use.
Gardens
Gardens should be left neat, tidy and rubbish-free, with any lawns cut. Tenants
are required to maintain the gardens to a reasonable standard, provided they
are left the necessary tools. However, few tenants are experienced gardeners,
and if you value your garden, or if it is particularly large, you may wish
us to arrange maintenance visits by our regular gardener.
Cleaning
At the commencement of a tenancy the property must be in a thoroughly clean
condition, and at the end of each tenancy it is the tenant's responsibility
to leave the property in similar condition. Where they fail to do so, cleaning
should be arranged at their expense.
Mail forwarding
We recommend that you make use of the Post Office redirection service. Application
forms are available at their counters, and the cost is minimal. It is not the
tenant's responsibility to forward mail.
Information for the tenant
It is helpful if you leave information for the tenant on operating the central
heating and hot water system, washing machine and alarm system, and the day
refuse is collected etc.
Keys
You should provide one set of keys for each tenant. Where we are Managing we
will arrange to have duplicates cut as required.
New Laws - EPC
From 1st October 2008 landlords offering a property for rent will be required by law to provide prospective tenants with an Energy Performance Certificate (EPC) for their property. Click here to read more......
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