Landlords

Why Choose Us?

Whether you are letting a property for the first time, or already work with an existing property portfolio, we are able to provide unrivalled expertise in our market place, aiming to maximise returns on investment whilst exceeding your expectations on all levels of service. Should you need any assistance or have questions regarding any of the following, please feel free to contact us on 0800 9994 994 and one of our dedicated team will be on hand and ready to help.

 

We provide

  • A friendly, dedicated and professional service
  • Excellent communication and professional help and advice
  • A Tenant find only service
  • Extensive property marketing to attract suitable tenants quickly
  • Expertise in the industry

Services

Let only

With the let only service, the landlord would become solely responsible for any issues that arise following the commencement date of the tenancy.

The let only service will provide you with the following benefits:

  • Local and national marketing, including an optional professional “To Let” board where requested.
  • We vet applications and arrange on your behalf an initial viewing appointment for you to meet the tenant at your property.
  • Free appraisals on images and on the presentation and preparation of your property. 
  • Through our Parent site TenantReferencingUK.com we are able to offer the most thorough referencing services on the market. 
  • We can provide Tenant Agreement Templates in accordance with the current law.
  • We provide a wide and comprehensive range of insurance products to help protect your investment, from Rent Guarantee to Buildings and Contents etc. Click on the following link to find out more about our insurance products: http://www.landlordreferencing.co.uk/rentsafeuk/category/insurance-products/
  • We provide a FREE full Tenant AND Property management system through your account at Tenant Referencing UK
  • We offer a forum of advice from professionals and staff on the Tenant Referencing UK Forum (site has over 6500 pages of content)   

 

First Stages of Renting Your Property

Marketing your property

Once you have decided to appoint us as your agent, you will need to take some internal and external photographs of your property. We shall use the photographs and the information we have collected to create an attractive and professional advert, which we shall display whilst marketing your property. In order to maximise your property exposure, our website is updated daily and our properties are listed on market leading property portals.

Our highly trained and efficient staff will ensure that the best service is delivered to both the landlord and tenant.

Presenting the property

As the lettings market becomes more and more competitive, it is important that the property is presented in the best way possible. Without this, the property could remain vacant for longer as well as affect its rental value.

To help a rental property appeal to a wider market, we would suggest the following:

  • Keep the colours in the property neutral.
  • Gardens must be kept maintained (when a tenant occupies the property, the maintenance of the garden becomes their responsibility).
  • Keep the equipment provided and furnishings as contemporary and as tidy as possible.
  • Check for any grouting issues in places such as the bathroom. Any mould issues here can really effect a prospective tenant's decision to rent the property.
  • If the property is a flat with a communal entrance and hallway, make sure that for the benefit of all tenants that this area is kept tidy and clear of debris at all times.
  • Double glazing and gas central heating is another popular feature amongst prospective tenants.
  • In general, try to find and rectify any damages around the property that can be seen easily or experienced.

Obtaining the tenants and referencing

Arguably, the most important factor when letting the property is the prospective tenant. The whole success of letting depends on finding the right tenant. If an applicant wishes to proceed with a tenancy, we will assess their suitability through our expert referencing.

The referencing process will aim to check that each tenant is creditworthy by checking for CCJ’s and arrears and obtaining employer, landlord and character references. Once references have been received, we will contact you to confirm the results of this and allow you to make an informed decision on whether to proceed with the applicant.

We recommend an inventory is always carried out and this can be done with a local supplier or by using one of the national apps/providers in the LetDirectory.com listings of service providers tailored to the letting industry.

 

Important Safety and Legal Requirements

Gas Safety

The Gas Safety (Installation and Use) Regulations 1998 state landlords must ensure that gas appliances, fittings and flues are safe for the tenant’s use and that installation, maintenance and annual safety checks are carried out by a technician registered with the Gas Safety Register (which superceded CORGI on 1st April 2009).

The landlord must keep a record of the safety check for two years. They must issue a copy to each existing tenant within 28 days of the check being completed and issue a copy to any new tenants before they move in.

Electrical Safety

While there isn’t a legal obligation on landlords to have professional checks carried out on the electrical appliances, there is, however an obligation to ensure that all electrical equipment is safe, under the Electrical Equipment (Safety) Regulations 1994, the Plugs and Sockets Regulations 1994, the 2005 Building Regulation – Part P, and the British Standard BS1363 relating to plugs and sockets.

All electrical certification should be carried out by an electrician who is registered with the National Inspection Council for Electrical Installers and Contractors (NICEIC). There are two types of electrical certificate:

  • Periodic Inspection Report
  • Portable Appliance Testing (PAT)

Fire Safety

The Furniture and Furnishings (Fire) (Safety) Regulations 1988 (as amended in 1989 and 1993) sets minimum fire resistance standards for domestic upholstered furniture, furnishings and other products containing upholstery that remain in a dwelling during the course of a tenancy.

These include any of the following which contain upholstery:

  • Furniture intended for private use in a dwelling, including children's furniture
  • Beds, head-boards of beds, mattresses (of any size)
  • Sofa-beds, futons and other convertibles
  • Nursery furniture, garden furniture suitable for use in a dwelling
  • Scatter cushions, pillows, seat pads and loose and stretch covers for furniture

The Regulations do not apply to:

  • furniture made before 1950
  • sleeping bags
  • bed-clothes (including duvets)
  • loose covers for mattresses
  • pillowcases
  • curtains
  • carpets

For items that do apply, a suitable label must be attached to the furniture in a prominent position so that the label will be clearly visible to a potential purchaser of the furniture and the wording on both sides can be read with reasonable ease. Examples of these labels can be seen above.

Smoke Alarms & Carbon Monoxide Detectors

All properties built since June 1992 must have interlinked mains-connected smoke detectors / alarms on each floor of the property. Smoke alarms must be checked regularly to ensure that they are in full working order. A carbon monoxide detector should also be supplied. These can be purchased for around £5 from most DIY shops or can be ordered through Tenant Referencing UK.

Energy Performance Certificate

With effect from 1st October 2008, all new tenancies require an Energy Performance Certificate. Their purpose is to determine how energy efficient homes are on a scale of A-G. The most efficient homes - which should have the lowest fuel bills - are in band A. The certificate uses the same scale to define the impact a home has on the environment. Better-rated homes should have less impact through carbon dioxide (CO2) emissions. The average property in theUKis in bands D-E for both ratings.

The certificate includes recommendations on ways to improve the home's energy efficiency to save money and help the environment.

Houses in Multiple Occupancy 

If the landlord wishes to rent their property to multiple occupants, it may mean that a licence is required before the property can be legally rented. Houses in Multiple Occupation are also referred to as “HMOs” and the purpose of the licensing scheme is to improve management and safety standards in this area of the rental sector.

It is now a mandatory duty for:

  • All Local Authorities to have a licensing scheme
  • Owners of certain types of HMOs to have a licence

For further information on houses in multiple occupation and how this may affect you as a landlord, please speak to one of our representatives who can advise you further.

Overseas Landlords and Income Tax

The scheme requires UK letting agents to deduct basic rate tax from any rent they collect for non resident landlords. If non resident landlords don't have UK letting agents acting for them, it is their responsibility to inform the Inland Revenue of rental income received and to pay any tax due. Non resident landlords can apply at any time for approval to receive rent with no tax deducted.

If your intention is to reside abroad then we can offer the following services:

  • Arrange for annual rental accounts to be prepared by a local firm of chartered accountants and be submitted to the Inland Revenue at the end of each tax year. Details available on request.
  • Tax saving schemes relating to earned income abroad and the possibilities of re-investing your income to receive tax-free interest. Again we have the expert advice of a firm of financial consultants on hand. Details are available.

The Tenancy Deposit Protection Scheme

Under the provisions of the Housing Act 2004 every landlord or letting agent that takes a deposit for an Assured Short-hold Tenancy in England and Wales must join a Tenancy Deposit Scheme. The new regulations came into effect from April 6, 2007. The purpose of this regulation is to ensure good practice. The secondary purpose of the new regulations is to try and keep disputes between landlords and tenants out of the courts by encouraging Alternative Dispute Resolution.

In November 2006, three companies were awarded contracts by The Government to run Tenancy Deposit Schemes:

Insurance backed schemes

  • Tenancy Deposit Solutions Ltd (TDSL), now trading as My Deposits.  - We recommend My Deposits as through your Tenant Referencing UK Account you can receive discounts on any deposits registered. Click on the following link to find out more: http://www.landlordreferencing.co.uk/register-mydeposit/
  • The Tenancy Deposit Scheme (TDS)

Custodial scheme

  •  The Deposit Protection Service (The DPS)