David Lee Sales & Lettings Brochure September 2013 | Página 6

drafting of tenancy agreement let legal duty of care Under common law, the landlord must ensure that properties to let are safe and failure to comply with safety legislation is considered a criminal offence resulting in legal action and prosecution. As your managing agent, we can carry out safety checks upon your request, deducting the cost from your rent. assured shorthold tenancy (AST) This tenancy is attractive to landlords as it offers market rents without security of tenure beyond the contractual term and the majority of tenancies are based on this format. However, certain criteria must first be met: a) The tenant must be an individual b) The property must be the tenant’s main residence/home c) The rent cannot exceed £100,000 per annum d) The landlord must not occupy the same property If the property is let under an Assured Shorthold Tenancy, the landlord can issue a Section 21 Notice to guarantee possession provided the term of the Shorthold is expired and not less than two months notice has been given by the landlord stating he/she requires possession. If court action is needed, this can be obtained on a number of different grounds against the tenant (this rarely happens). However, it should be noted that it is a criminal offence under the Protection from Evictions Act 1977 for a landlord to threaten or forcibly evict a tenant from their property. letting agents company tenancy /non housing act tenancy 6 damage deposits David Lee take from the tenant, the equivalent to one and a half months rent and this is then transferred to The Deposit Protection Service (DPS) a protected Client Account until the end of the tenancy. By law this is protected by a government approved body and certificates will be provided once the tenant has occupied the property. For more information visit www.depositprotection.com Upon vacation of your property, a check-out will need to be organised and any refunds will be made within a maximum of 14 days, provided that there are no disputes and all utility accounts have been settled. The costs of everyday repairs and maintenance are the responsibility of the landlord but, if we are instructed to manage your property on your behalf, we will pay the contractor out of the tenant’s rent. We can also organise quotes for approval on any major repair when necessary. Under the LANDLORD AND TENANT ACT 1985, landlords are responsible for repair of the structure and exterior of the property, together with installations for the supply of gas, electricity, water and sanitation. If the property is not in a good state of repair at the commencement of the tenancy, the tenant has the right to insist that repairs are carried out and, in the event that the damage is serious, the tenant will be entitled to consider the letting as terminated as the landlord will be in breach of their obligations. collection of rent This is governed by contract law and is not regulat ed by the Housing Acts of 1988, 1996 or 2004. This is usually done on a calendar monthly basis and is forwarded to the landlord via any previously approved method after any agreed deductions have been made for contractors etc. It is used when any of the point’s a-d are not relevant to the tenancy and they want to enter into an agreement. There is no security of tenure and rental payments are often made on a quarterly basis by prior agreement. Payments by David Lee Lettings will be processed within 7 days of receipt of rent and will be forwarded by BACS payments. Full statements and copy invoices if required will be provided on a monthly basis. furniture and furnishings The Furniture and Furnishings (Fire Safety) Regulations 1988 (amended 1989 & 1993) - Soft furnishings (such as mattresses, settees, bed bases, cushions and padded headboards) must meet fire resistance standards and bear a permanent label confirming this. If compliance cannot be proved, the item must be removed and replaced. gas smoke detectors Whilst only properties built after 1992 legally require the fitting of smoke detectors (Building Regulation 1991), we would strongly recommend that smoke detectors are fitted to each floor of the property being let. energy performance certificate (EPC) It is now a legal requirement that all properties marketed for let will need an Energy Performance Certificate. This is government legislation that has been put in place to make landlords and tenants more energy conscious. Your EPC will be held on file and can be inspected by prospective tenants if required, if you don’t already have a valid EPC, David Lee will happily arrange this on your behalf. The above is only a guide to the legal safety requirements and should you have any further enquiries, we would recommend that you contact a qualified solicitor who will be able to verify these in full. The Gas Safety (Installation & Use) Regulations 1994 (amended 1998) – the landlord must maintain gas installations and all gas appliances through annual inspections and safety checks carried out by a GAS SAFE registered engineer and a copy of the current inspection certificate must be left at the property. NB: The penalty for failure to comply with statutory safety legislation is currently a maximum of £5,000 and /or 6 months imprisonment for each offence. This can be harsher in the case of injury or fatality. electricity The Electrical Equipment (Safety) Regulations 1994 & Electricity at Works Regulations 1989 - the landlord must ensure that all mains voltage household electrical appliances and equipment is tested and safe to use. Any non-repairable items must be replaced and removed. An NICEIC or similarly qualified electrical engineer must carry out these tests on an annual basis and we would also recommend this is done upon change of tenancy. All operating instructions must be left in the property for the tenant’s benefit. letting agents The Housing Act 1988 (amended 1996 & 2004) outlines several types of tenancy: Assured Shorthold Tenancy, Company Tenancy and Contractual Tenancy. 7