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LandlordsTips

  1. EPCs must be given foc to all prospective tenants http://short.to/q7n9
  2. When buying investment properties with sitting tenants, remember you may not be entitled to evict them, so check them carefully
  3. HMO landlords whose properties require a license cannot normally serve a section 21 notice until the license has been applied for
  4. Landlords who let HMOs must have electrical installations inspected every 5 years and get a certificate
  5. Take steps to protect yourself against your letting agent going bust : http://short.to/q7mw
  6. You are still legally responsible for keeping the property in repair even if the tenant fails to pay rent
  7. Watch out for the signs of drug production in your properties : http://bit.ly/L5frv
  8. Consider using agents which are registered with the Property Ombudsman http://is.gd/1n0cq
  9. Be careful if you take 2 months rent in advance instead of a deposit- a court may not agree it isn't a deposit, if yr tenant brings a claim
  10. If your tenant has gone abroad owing you rent, see this article http://is.gd/1n04T
  11. Tenancy agreements do not have to be for 6 months - you can have any term you wish, but 6 months is usual
  12. If you cannot find a new tenant, consider allowing pets - see our article on facebook : http://snipr.com/lqwel
  13. If you are worried a new tenant cannot pay rent, consider taking a guarantor
  14. If your tenant fails to pay rent, write immediately - we have precedent letters in our Rent Arrears Action Plan http://short.to/ieed
  15. Be careful with company lets, sometimes they are used for employees who would not pass referencing
  16. If your tenant is paying over £25Kpa you do not need to protect the tenancy deposit in a scheme
  17. If doing a company let, check first to make sure it is a real company - you can do this free online at http://www.companieshouse.o...
  18. You must have a landlords address in England & Wales in your tenancy agreement (or separate notice) or tenants can withhold rent
  19. Try to get a signed standing order form for rent payments before handing over the keys
  20. If your tenant is on housing benefit/LHA always get them to sign a letter of authority, or the benefit office will not talk to you