Once a tenancy agreement has been signed this cannot usually be amended unless both parties agree to the changes. So be aware of this and the implications when you take on the responsibility of an agreement, especially with other people, as it could have huge implications for you down the road if you don’t understand what this entails.If both parties agree, the change should be recorded in w
You've found a rental property that is perfect for your needs and are looking to make it yours, now it’s time to get an agreement in place with the landlord. The tenancy agreement is a contract between you and your landlord. It may be written or oral. The tenancy agreement gives certain rights to both you and your landlord, for example, your right to occupy the accommodation and your lan
A Section 21 Notice is an order under the Housing Act 1988. It is basically a notification to your tenants that you want your property back. This can be at the end of a fixed-term agreement or during a break clause built into the contract.This order can be issued if your tenants have a shorthold tenancy. This can be a fixed term-tenancy, which is one with a specific end date. Or, it can be a perio
Tenants who rent property at the moment are normally asked to sign tenancy agreements for a six month or one-year period.However, plans are afoot to extend the minimum tenancy to three years. The government aim to talk about this new rule in August. MP’s who support the proposals say the new 3-year term will give tenants more security.They say that this would allow people to put down roots a
When you leave your rented property at the end of your tenancy, you must leave it in the same condition as the day you moved in.The easiest way to make sure everything is clean and tidy, is to make a list. Start with each room and list what needs to be done. Check it off as you finish each job.The KitchenStart with cupboards and drawers. Empty them out give them a good clean. Before you put the co
When you decide to look for a property to rent various checks need to be made. The rental agency may ask you to fill in a tenancy information form.The form you fill in will ask for details about your name, date of birth and current address. You will also have to give a previous address if you have lived at your current address less than around 5 or 6 years.If you are tenant when you apply, then fi
The tenancy agreement that’s most common is the Assured Shorthold Tenancy. You can rent out your property using this tenancy if you are a private landlord and you don’t live in the property.The accommodation needs to be your tenants main place of residence. Also, the agreement must have started on or after the 15th January 1989.The Tenancy AgreementThe agreement should have the followi
Are you one of the many people in London who is searching for a rental property that will accept pets? The truth is that finding somewhere that will take you and your furry friend isn’t easy.Currently a landlord has the right to enforce a ‘no animals’ policy in the rental agreement. But, if the Jeremy Corbyn and the Labour Party have their way this could change in the future. The
If you’re a tenant in a rented property, then you should have a valid Energy Performance Certificate. An Energy Performance Certificate tells you how energy efficient your home is, and it comes in the form of a graph with ratings from A to G. A is the most energy efficient and G is the least.From this April (2018) all rented property must have a minimum energy rating of E. This means if you
If your rental property has just become available again after a long time you’ll be keen to get it shipshape to attract new tenants. Here’s some reminders of what might need doing: The Property in General Decorate the walls, you can use white throughout the property. It looks clean and it’s easy to maintain. Clean the windows and check the furniture for wear and tear. If things are looking a bit t
About Leaseholds – What Is a Lease and What do you Pay for?
By Datography Ltd published on 25/10/2017
If you’re looking around for a flat to buy then you’ll have come across the term ‘leasehold.’ Most flats and some houses are sold with a lease of 999 years or 99 years and there are older properties that have less than 99 years. Buying leasehold means that you do not own the land upon which the property is built. This is owned by the leaseholder. A leaseholder is normally responsible for common wa
If you decide to buy a property to let out there are certain things you need to think about before you become a landlord. Your Tenants Before you pick your property think about the type of tenants you want to attract. If you want students then you should be looking for a property close to, or within travelling distance of a university or college, If you would prefer a young family then make sure y
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