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020 8694 0058
info@homeangles.co.uk


 Information For Landlords 

Landlords Services

 

Introduction

 

As a landlord you'll know that any time your property isn't let, you're losing money. At Home Angles we recognize the urgency of your business, and work hard to make your property investment work for you.

We build our business on relationships, loyalty and a quality of service that engenders trust. So, while we'll work around the clock to serve our landlords, you'll receive a dedicated personal contact within Home Angles. We operate on a no let no fee basis so if we don’t rent your property we don’t get paid.

Regardless of the arrangement we have with you, we believe it's important to give prompt and honest feedback from potential tenants, and because precision is a tenet of our work, we'll make sure your property details are accurate, detailed and persuasive. Our valuations are subject to the same level of care.

We qualify prospective tenants thoroughly; we can be sure they're the best fit for your property and your long-term plans, and keep you informed of developments at all stages of the letting process.

We offer three services: Tenant Find Only, Rent Collection and Fully Managed - each can be tailored to suit your needs.

A.     Tenant find only

With the aim to find the right tenant for you

  • Marketing your property
  • Introducing a tenant
  • Negotiation of terms
  • Applying for references
  • Drawing up an appropriate tenancy agreement
  • Arrange a professional inventory (separate costs)
  • Holding deposit
  • Negotiation of renewals (if requested)

B.      Rent Collection only

All the above plus:

  • Rent demands
  • Rent collection
  • Statement of accounts

C.      Fully managed

Our experienced property managers ensure your property is continually monitored and maintained. They are assisted by specifically designed advanced computer software.

All the above in A. and B. plus:

  • Arranging annual gas safety certificates
  • Routine checks of the property and arranging routine repairs and maintenance
  • Ensuring the properties comply with the latest safety regulations
  • Reconciling deposit returns and damage repair
  • Negotiating any end of tenancy claim
  • Supervising any renewal or termination
  • Communicating with tenants and landlords and solving problems

 

 

Landlords Guidelines

Letting your property

We have a residential property portfolio in the South East dealing with the quality market.

What Home Angles can do for you

  • Visit you at your property and advise on rental value, legal requirements and how to prepare the property for let
  • Advertise all your properties on our website (www.homeangles.co.uk);  on our window display; on Evening Standard, major property portals such as Findaproperty, Prime Location, Globrix etc.
  • Accompany all viewings
  • Reference the tenants and report to you
  • Prepare a detailed inventory and schedule of condition including photographs
  • Prepare an appropriate tenancy agreement for signature
  • Arrange for final accounts for utilities
  • Obtain a deposit from the tenants, normally one calendar month to 6 weeks rent
  • Arrange for the tenant to pay the rent monthly by standing order
  • Secure deposit under Deposit Protection Scheme
  • Account to you monthly*
  • Visit the property quarterly to check it is being looked after by the tenants*
  • Arrange for repairs/ maintenance work on your behalf as instructed by you*
  • At the end of the tenancy check the property and establish any dilapidations which may be paid from the tenants deposit*

*Depending on which service is taken

Landlord Responsibilities

  • To ensure that the property is handed over to the tenant in good and safe repair
  • Insure the buildings and their own contents
  • Professional clean to include carpets, curtains, windows and garden tidy prior to the tenancy commencement
  • Gas and electrical checks prior to any tenancy commencing
  • Maintenance and upkeep of the property throughout the tenancy

Preparation for letting

Décor

  • Finish to a good standard
  • A neutrally decorated and carpeted house will normally let more quickly than one that is over personalised and fussy
  • Good quality neutral curtains are preferable
  • Linoleum/tiles are more hygienic and preferred in bathrooms and kitchens

Furniture

  • There is equal demand for unfurnished and furnished properties
  • In an unfurnished property it is normally expected that carpets, curtains, light fittings and white goods are left
  • If it is essential that you let your property furnished then only leave the essential items (ensuring they comply with Fire Regulations) and nothing personal. It is not necessary to leave linen
  • The more electrical items left in a property the higher the potential cost to you for breakdowns/electrical checks and replacement

Gas appliances

  • Must all be serviced and checked annually with a Gas Safety Certificate being provided to the tenant prior to the tenancy commencement in accordance with the Gas Safety (Installation and Use) Regulations 1994 as amended 1996 Electrical installation and appliances
  • It is recommended that the installation is checked every 5 years
  • It is recommended that the appliances are checked annually

Smoke detectors

  • Must be installed prior to a property being let

Carbon monoxide detectors

  • It is strongly advised that these are installed

Keys

  • 3 sets of front door keys should be provided to the agent (2 for the tenants, 1 as a management set for the agent)
  • Other keys should be left in the property (in a kitche n drawer)

Instructions

  • Instructions for household equipment, central heating and other useful information should be left in a file in the kitchen drawer

property

  • Copies of all guarantees should be left with the agent

Inventory

  • This is prepared for the benefit of both landlord and tenant
  • It is recorded on a room by room basis with a list of all items and the condition of those items and the décor, furnishings etc
  • It is supported by photographs - particularly relevant for the garden
  • At the end of the tenancy we will guide as to the cost of dilapidations
  • Fair wear and tear must be taken into account and cannot be charged to the tenant
  • The age of an item will determine the proportion of any cost that can be fairly charged to a tenant

Maintenance contracts

  • These are recommended for items such as central heating systems, alarms, white goods and lawn mowers with the contracts being lodged at our office

Telephone

  • The landlord must ensure there is a working telephone line at the property
  • It is the landlord’s responsibility to give up and take up the telephone service as the agent cannot do this on your behalf

Oil, solid fuel and LPG

  • Where relevant the tank should be left full at the start of the tenancy and the tenant will then fill the tank before vacating. The same applies to solid fuel Council tax, electricity, gas and water services
  • We will arrange for final accounts for council tax, electricity, gas and water

Mail

  • You should make arrangements for your post to be forwarded to you

Chimney sweep

  • Chimneys should be swept prior to the tenancy commencement and the tenant will be expected to do the same at the end of the tenancy

Garden

  • Should be handed over in good seasonal order and tenants will be expected to leave the same at the tenancy termination

General

Housing act 1988 as amended 1996

  • Designed to protect Landlords and Tenants alike
  • Created an Assured Shorthold Tenancy (AST)
  • Particular attention paid to landlords rights of repossession
  • There is now no difference between security of tenure for the tenant in an unfurnished or furnished property
  • No minimum time period for an AST but a landlord cannot normally recover possession within 6 months from the start of the tenancy

Taxation

  • Rent is classified as “unearned income”
  • If you are UK resident you will be responsible for declaring your rental income to the Inland Revenue
  • If you are resident overseas whilst letting your home it will be necessary to complete a form NRL1 in order to be able to receive your rent gross from your agent. Alternatively Home Angles will be required to deduct tax at the basic rate from your rent prior to forwarding it to you

Mortgage

  • You will need to obtain formal approval to let your property from your lender
  • This can take some time so it is imperative to contact your lender immediately you consider letting your property

Leasehold

  • Written confirmation from the landlord that the letting is permitted must be obtained
  • The Head Lease must not expire prior to the tenancy for your tenant
  • A copy of the Head Lease must be provided to the agent to attach to the tenancy agreement
  • Covenants and/or rules and regulations for your property must be provided to the agent to attach to the tenancy agreement