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If you currently own or intend to
purchase residential property for rental in the New
Forest or coastal 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:
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Visiting you at your property, and providing a
rental valuation and any other advice which you may
require about letting your property.
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Advising you on compliance with the various safety
regulations.
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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.
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Accompanying tenant applicants to view the property.
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Obtaining and evaluating references and credit
checks.
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Preparing a suitable tenancy agreement and arranging
signature by the tenant.
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Collecting a tenancy deposit which will be treated
in accordance with current legislation.
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Preparing an inventory and schedule of condition.
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Checking the tenant into the property and agreeing
the inventory.
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Supervising the transfer of gas, electricity and
council tax accounts into the tenant's name.
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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.
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Inspecting the property periodically, and reporting
any problems to you.
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Arranging any necessary repairs or maintenance,
first liaising with you in the case of larger works.
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Keeping in touch with the tenant on a routine basis,
and arranging renewals of the agreement as
necessary.
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Checking tenants out as required, re-letting and
continuing the process with the minimum of vacant
periods to ensure that you receive the optimum
return from your property.
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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. We provide summarised information below.
If you require further advice or assistance with any
matter, please do not hesitate to contact us:
Preparing the Property
We have found that a good relationship with Tenants is
the key to a smooth-running tenancy. As Property
Managers this relationship 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. It follows therefore that a well
presented and maintained property in a good decorative
order will go towards this, whilst also achieving a
higher rental figure. Tenants are also more inclined to
treat such a property with greater respect.
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 Landlords
expense unless misuse can be established. Interior
decorations should be in good condition and preferably
plain, light and neutral.
Furnishings
Your property can be let fully furnished, part furnished
or unfurnished although there is more demand for
unfurnished properties. As a minimum you will need to
provide decent quality carpets, curtains and light
fittings. Remember that there will be wear and tear on
the property and any items provided.
Furnishings – recommendations for what should be
provided:
Unfurnished Properties
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Carpets
and curtains in good, clean condition
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Fixtures and fittings to include all electrical and
light fittings, bathroom and kitchen fittings,
curtain poles/tracks
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TV
aerial
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Telephone point
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Plumbing for a washing machine
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The hot
water and heating systems should be in good
serviceable order.
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We
would recommend that it may be difficult to let
properties without showers or bath shower
attachments
Furnished Properties (for short term lets)
In addition to the above mentioned items you should also
provide:
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Soft
furnishings e.g. lounge suite, beds, etc. in good
condition so as to attract a good class of tenant
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Kitchen
– cooker, fridge/freezer, washing machine, microwave
(optional) and general kitchen equipment, matching
crockery and cutlery for 4-8 people as relevant
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Beds –
should be in good condition with mattress
protectors. It is not recommended that landlords
leave bed linen, pillows or towels.
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
visits by our regular gardener.
Cleaning
At the commencement of the tenancy the property must be
in a thoroughly clean condition, and at the end of each
tenancy it is the Tenants' responsibility to leave the
property in a similar condition. Where they fail to do
so, cleaning will be arranged at their expense.
Information for the Tenant
It is helpful if you leave information for the Tenant,
e.g. 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 will be managing we will arrange to have
duplicates cut as required.
Other Considerations
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 any necessary written consent
before letting.
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 Landlords
Legal Protection, Rent Guarantee Cover and Landlords
Contents and Buildings Insurance if required.
Bills and regular outgoings
We recommend that you arrange for regular outgoings e.g.
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 and utility accounts
We will arrange for the transfer of Council Tax and
utility accounts to the Tenant. Meter readings will be
taken, allowing your closing gas and electricity
accounts to be drawn up. All these matters we will
handle for you, however British Telecom will require
instructions directly from both the Landlord and the
Tenant.
Income tax
When resident in the UK, it is entirely the Landlords
responsibility to inform the Revenue & Customs of rental
income received, and to pay any tax due. Where the
Landlord is resident outside the UK during a tenancy, he
will require an exemption certificate from the Revenue &
Customs before he can receive rental balances without
deduction of tax. Where we are managing the property we
will provide advice and assistance on applying for such
exemption.
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, we will if required prepare
an inventory and schedule of condition, at the cost
quoted in our Agency Agreement.
What is an Assured Shorthold Tenancy?
Most tenancies will automatically be Assured Shorthold
Tenancies (ASTs), provided the rent is under £25,000 a
year and the property is let to private individuals.
Tenancies are usually granted for an initial fixed term
of either 6 to 12 months. When the fixed term has
expired the landlord is able to regain possession of the
property provided he gives two months written notice to
the tenant. In addition, if the tenant owes at least 2
months or 8 weeks rent on the property he can apply
through the court to seek a possession order.
Health and Safety, and other Legal
Requirements
The following requirements are the responsibility of the
owner (Landlord). Where we are managing the property
they are also our responsibility. Therefore where we are
managing we will ensure compliance, any costs of which
will be the responsibility of the landlord.
Gas
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
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 legal requirement for an
electrical safety certificate (except in the case of all
HMOs) 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.
Fire
The Furniture and Furnishings (Fire) (Safety)
Regulations 1988 (amended 1989 & 1993) provide that
specified items supplied in the course of letting
property must meet minimum fire resistance standards.
The regulations apply to all upholstered furniture,
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, bedcovers including duvets, loose covers for
mattresses, pillowcases, curtains, carpets or sleeping
bags. Items which comply will have a suitable permanent
label attached. Non-compliant items must be removed
before a tenancy commences.
Smoke Alarms
All properties built since June 1992 must have been
fitted with mains powered smoke detector alarms from
new. Although there is no legislation requiring smoke
alarms to be fitted in other ordinary tenanted
properties, it is generally considered that the common
law 'duty of care' means that Landlords and their Agents
could be liable should a fire cause injury or damage in
a tenanted property where smoke alarms are not fitted.
We therefore strongly recommend that the Landlord fit at
least one alarm on each floor (in the hall and landing
areas).
Is your property a House in Multiple Occupation
(HMO)?
If your property is on 3 or more levels and let to 5 or
more tenants comprising 2 or more households (i.e. not
all of the same family) it will be subject to mandatory
licensing by your local authority. Whether mandatory
licensing as above applies or not, if there are 3 or
more tenants not all related in any property, it is
still likely to be an HMO, and special Management rules
apply. Learn more here:
http://www.propertylicence.gov.uk
The Housing Health and Safety Rating System (HHSRS)
The HHSRS provides an analysis of how hazardous a
property is through assessment of 29 potential hazards
found in housing. Landlords have to maintain their
properties to provide a safe and healthy environment.
The HHSRS is enforced by local authorities. For further
information visit
http://www.communities.gov.uk/hhsrs
The Tenancy Deposit Scheme
From 6 April 2007, all deposits taken by landlords and
letting agents under Assured Shorthold Tenancies (ASTs)
in England and Wales must be protected by a tenancy
deposit protection scheme. Landlords and letting agents
must not take a deposit unless it is dealt with under a
tenancy deposit scheme. To avoid any disputes going to
court, each scheme will be supported by an alternative
dispute resolution service (ADR). Landlords and letting
agents will be able to choose between two types of
scheme; a single custodial scheme and two
insurance-based schemes. Learn more here:
http://www.direct.gov.uk/en/TenancyDeposit/index.htm.
The Disability Discrimination Act 2005
The DDA 2005 addresses the limitations of current
legislation by extending disabled people's rights in
respect of premises that are let or to be let, and
commonhold premises. Landlords and managers of let
premises and premises that are to let will be required
to make reasonable adjustments for disabled people.
Under the new duties, provided certain conditions are
met (for example, that a request has been made),
landlords and managers of premises which are to let, or
of premises which have already been let, must make
reasonable adjustments, and a failure to do so will be
unlawful unless it can be justified under the Act.
Landlords will only have to make reasonable adjustments.
And they will not have to remove or alter physical
features of the premises. Learn more here:
http://www.dwp.gov.uk/aboutus/dda_factsheet4-premises.pdf
We hope that you will find the above information
useful. If there are any aspects of which you are
unsure, please ask us. We look forward to being of
assistance to you in the letting and management of your
property.
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