News

Check out market updates

Lettings – The legal stuff & FAQ’s

Safety Testing, Regulations & Legal Requirements.

Gas Safety (Installation and Use) Regulations 1998: Landlords have a legal
duty to maintain all gas appliances and flues, which have been provided for the
tenants, use, and have them checked for safety at least once every 12 months
by a registered installer.

Furniture and Furnishings (Fire Safety Amendment) Regulations 1993:
Landlords have a legal duty to ensure that all furniture and furnishings hired out
at the same time as and in connection with the letting of accommodation must be compliant.

PAT (portable appliance testing): Landlords have a responsibility to ensure that
all electrical appliances included in the renting of a property are PAT tested, this
test must be repeated every year.

Electrical hard wiring test: Prior to your tenant moving in on the managed
service we will require an electrical hardwiring test that has been completed and
signed off by a fully authorized electrician.

Moving Abroad and lettings: Once residing abroad your rent from the property
will be subject to specific taxation rules in accordance with the 1995 Finance Act.
If you need any help please let us know.

Mortgages & Right To let: If you have a mortgage on your property then you will
need to contact your mortgage provider to make sure that you are allowed to let
the property out.

Are you insured: When letting your property you will need to ensure that you
have adequate and suitable buildings insurance alongside your mortgage.

Leasehold Properties: With a leasehold property you will need to ensure that
you are allowed to rent it out by your management company.

Deposits: From 6 April 2007 all deposits taken under an AST agreement must
be protected.

Energy Performance Certificates EPC: Required by law from 1st Oct 2008.

Lettings – Frequently asked questions

How is my tenant selected?

A. We treat your property as if it were our own. We take every care in matching tenants
to properties by using very stringent vetting processes.

How long is the tenancy for?

A. The minimum term for as AST agreement is six months. Once this term is up the
contract continues to roll forward on a monthly basis thereafter.

Why is an Inventory Important?

A. If you d not have an inventory in pace then you cannot legitimately make deductions
from the tenants deposit if and when the time arises.

How much deposit is taken?

A. As standard practice we will endeavour to take 1.5 months rent.

What happens when a repairs is needed under the management service?

A. Depending on the reported incident and whether our team decided whether the
landlord or tenants is liable. Edwards will upon your request instruct for a contractor
to visit and carryout works on your behalf.