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Landlords - Landlords - Tips for landlords

Tips for landlords

Safety regulations and legislation
Your property must comply with legislation such as Gas Safety (Installation and Use) Regulations 1994, Furniture & Furnishings (Fire Safety) Regulations 1988 (as amended) in 1989 and 1993, Electrical Equipment (Safety) Regulations 1994 and Plugs & Sockets etc (Safety) Regulations 1994. All works must be carried out by competent and qualified engineers.

Smoke alarms
We advise that landlords install adequate and conforming smoke detectors in all their rental properties. This may avoid allegations such as the landlord has failed to properly fulfill their duty of care towards tenants. Failure to do so for whatever reason would be indefensible if and when a case came to court.

General maintenance
Ensure any required works are completed well before a new tenancy. It should also be left clean, tidy and ready for your new tenant. Any works carried out should be undertaken professionally by accredited tradesman.

Overseas landlords
In accordance with the Taxes Management Act 1977 if you are going abroad you may be liable for tax. Therefore it is important that you confirm any plans or details with the Inland Revenue as when your application has been approved by them they will contact us confirming you are eligible to receive rent with no tax deductions. See www.inlandrevenue.gov.uk for more information.

Keys
We require three sets of keys. Two sets for the tenants and one to be retained by us in case of an emergency or for general management. If you don’t provide three sets then we will arrange for the required keys to be cut and deduct the cost from your first month’s rental income.