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Landlords Info
If you currently own or intend to purchase residential
property for rental in Carlisle, 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.
Our Fees
Our initial letting and advertising charge is just
£150, and our ongoing management commission
is only 10% of monthly rental payments. We
make an admin charge of £35 for each renewal of an
existing agreement. There is also NO VAT to
pay giving you even greater RETURN ON YOUR INVESTMENT.
There are no other standard fees or charges. No up
front charges - nothing to pay until a tenant moves
in and starts paying rent.
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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
Annual safety check: Under the Gas Safety (Installation
and Use) Regulations 1998 all gas appliances and flues
in rented accommodation must be checked for safety
within 12 months of being installed, and thereafter
at least every 12 months by a competent engineer (e.g.
a CORGI registered gas installer).
Maintenance: There is a duty to ensure that all gas
appliances, flues and associated pipework are maintained
in a safe condition at all times.
Records: Full records must be kept for at least 2
years of the inspections of each appliance and flue,
of any defects found and of any remedial action taken.
Copies to tenants: A copy of the safety certificate
issued by the engineer must be given to each new tenant
before their tenancy commences, or to each existing
tenant within 28 days of the check being carried out.
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.
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All material on this website is provided for information
only, and is not intended to form part of any offer or
contract. Our policies and practices may change at any
time without notice. Details of properties are provided
from information received, and their accuracy cannot be
guaranteed.
Homecoming Letting Agency © 2007 - 2008
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