What happens if the tenant damages the property?
The majority of the time, the tenant will maintain the property to a high standard. However, accidental damage can occur. To protect yourself against this, landlords are required to take out adequate buildings insurance. It is up to you if you decide to pay for contents insurance as well which on rental properties can be costly.
At the start of the tenancy, we advise all tenants to take out contents insurance that covers their personal possessions for the duration of their tenancy.
Under the Tenancy Deposit Scheme, all landlords must have a professionally prepared inventory. If accidental damage does occur, we then suggest the tenant either covers the cost of repairs themselves or the value is deducted from their deposit at the end of the tenancy. We make allowances for fair wear and tear.
Do I need an inventory?
Absolutely! The inventory is a detailed document which records not only the freestanding items of furniture but more importantly the fixtures, fittings and floor coverings which in real terms are much more valuable.
Whether your property is offered furnished or unfurnished, it is essential that a professional inventory is prepared. Without this you will be unable to claim anything from your tenants’ deposit should a claim be referred to the Tenancy Deposit Scheme for arbitration.
We have close working relationships with independent inventory clerks who can carry this out in a timely manner on your behalf.
What is an EPC for?
It is now a legal requirement for every property to have an Energy Performance Certificate (EPC) before it is put on the market. The certificate provides a standardised rating, so tenants can compare running costs between prospective homes.
Can I enter the property during a tenancy?
Of course, it is still your property and normally a tenant will be happy that you are taking an active interest in the condition of the property. However, you need to give the tenant suitable notice that you are coming. 48 hours is usually sufficient.
Access should be arranged at a time that is convenient for the tenant, as you don’t want to cause them undue disruption. Routine visits, usually on a three to six-monthly basis, by either the landlord or their managing agent are not uncommon.
Who pays the council tax and TV licence?
It is the responsibility of the tenant both to pay the Council Tax and to obtain a TV licence. However, if you are letting your property as a short let, it is easier for all, to include the TV licence, Council Tax and utility bills in the cost of the rent.
Find out more information for landlords here.