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Landlords Info
If you currently own, or intend to purchase residential
property for rental in Derbyshire or the South Yorkshire area, you should
consider engaging our property management service. You'll find it both
professional and cost-effective. As specialists, we know how to manage
property for optimum performance, whilst ensuring smooth running
tenancies, and compliance with the various landlord/tenant laws. Maximise
the return on your investment -
contact us
now.
Full Management Service:
For the Landlord who wishes to benefit from a complete professional service
and have no or absolutely minimal involvement.
- Visiting you at your property, and providing a rental valuation and any other advice which
you may require about letting your property.
- Advising you on compliance with the various safety regulations.
- Locating suitable tenants. Your property will be advertised if necessary, however we have
excellent contacts with various company and other establishment personnel
departments, and may have tenants waiting.
- Accompanying tenant applicants to view the property.
- Obtaining and evaluating references and credit checks.
- Preparing a suitable tenancy agreement and arranging signature by the tenant.
- Collecting and holding as stakeholders a deposit (bond) from the tenant.
- Preparing an inventory and schedule of condition.
- Checking the tenant into the property and agreeing the inventory.
- Supervising the transfer of gas, electricity and council tax accounts into the tenant's
name.
- Receiving rental payments monthly in advance, and paying you promptly, together with a
detailed statement.
- If required paying regular outgoings for you from rental payments.
- Inspecting the property periodically, and reporting any problems to you.
- Arranging any necessary repairs or maintenance, first liaising with you in the case of
larger works.
- Keeping in touch with the tenant on a routine basis, and arranging renewals of the agreement as
necessary.
- Checking tenants out as required, reletting and continuing the process with the minimum of
vacant periods to ensure that you receive the optimum return from your
property.
We maintain a flexible attitude, and are generally able to adapt our service to meet our
client's individual circumstances and needs, for example by providing a part only
service, or alternatively by taking on additional tasks and duties.
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Tenant Finding Service:
For the experienced Landlord who is able and prepared to have
a very high level of personal involvement.
- Advising on rental values to ensure the optimum return from your
property.
- Finding suitable prospective Tenants.
- Processing the Tenancy Application.
- Compiling the Tenancy Agreement and forwarding to the Landlord for
signature.
This is a minimalist property marketing service. The Landlord is responsible
for property viewings, Tenant selection, rent accounting and collection,
property inspections and all legal, operational and safety aspects of the
Tenancy.
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Our Fees
Full Management Service
Our initial letting / account set-up charge is just 1 weeks rent,
( min. £80 fee) and our ongoing management commission is 10% of monthly rental
payments. We make an admin charge of £50 for each renewal of an existing
agreement. There is also NO VAT to pay giving you even greater RETURN
ON YOUR INVESTMENT.
Tenant Finding Service
50% of 1 months rent (minimum fee - £375). Deposit of £75 on instruction
(non-refundable), to be deducted from final fee.
Additional Services
Advertising Property per insertion - £35
Property Inspection during the occupancy of a tenant
(included in Full Management) - £50
Tenant leaving report (included in Full Management) - £45
Copy statements - £5
Withdrawal of property prior to letting - £50
Landlords Abroad - Full Management + 2%
Minimum monthly management fee - £35
A ‘To Let’ board to be erected and removed on completion - £35
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Guide for Landlords
Before a property can be let, there are several matters which the owner will need to deal with to
ensure that the tenancy runs smoothly, and also that he/she complies with
the law. For brief details of a subject click on a link below, or
scroll down the page. If you require further advice or assistance with any
matter, please do not hesitate to contact us:
Mortgage
If your property is mortgaged, you should obtain your mortgagee's written
consent to the letting. They may require additional clauses in the tenancy
agreement of which you must inform us.
Leaseholds
If you are a leaseholder, you should check the terms of your lease, and
obtain the necessary written consent before letting.
Sub-letting
If you are a tenant yourself, you will require your landlord's consent.
Insurance
You should ensure that you are suitably covered for letting under both your
buildings and contents insurance. Failure to inform your insurers may
invalidate your policies. We can advise on Landlord's Legal Protection, and
arrange Landlord's Buildings and Contents Insurance if required.
Bills and regular outgoings
We recommend that you arrange for regular outgoings e.g. mortgage, service
charges, maintenance contracts etc. to be paid by standing order or direct
debit. However, where we are Managing the property, by prior written
agreement we may make payment of certain bills on your behalf, provided such
bills are received in your name at our office, and that sufficient funds are
held to your credit.
Council tax
Council tax is the responsibility of the occupier. You should inform your
local collection office that you are leaving the property. During vacant
periods the charge reverts to the owner. When unoccupied but furnished, the
charge is 50% of the normal rate. When unoccupied and 'substantially'
unfurnished, there is no charge for the first six months, and thereafter a
charge of 50% of the normal rate.
The inventory
It is most important that an inventory of contents and schedule of condition
be prepared, in order to avoid misunderstanding or dispute at the end of a
tenancy. Without such safeguards, it will be impossible for the landlord to
prove any loss, damage, or significant deterioration of the property or
contents. In order to provide a complete service to the landlord, we will if
requested arrange for a member of staff to prepare an inventory and schedule
of condition, at a cost to be quoted.
Income tax
When the landlord is resident in the UK, it is entirely his responsibility
to inform the Inland Revenue of rental income received, and to pay any tax
due. However, where the landlord is resident outside the UK during a
tenancy, under new rules effective from 6 April 1996, unless an exemption
certificate is held, we as landlord's agents are obliged to retain and
forward to the Inland Revenue on a quarterly basis, an amount equal to the
basic rate of income tax from rental received, less certain expenses. An
application form for exemption from such deductions is available from this
Agency, and further information may be obtained from the Inland Revenue.
Important safety regulations
The following safety requirements are the responsibility of the owner (the
landlord), and where we are to manage the property, they are also ours as
agents. Therefore to protect all interests we ensure full compliance with
the appropriate regulations, at the owner's expense.
Gas Appliances & Equipment
Under the Gas Safety (Installation and Use) Regulations 1994 (amended 1996)
and some other regulations, all gas appliances in tenanted premises must be
checked for safety at intervals of not more than 12 months, by a CORGI
registered gas engineer, and a safety certificate issued. Records must be
kept of the dates of inspections, of defects identified, and of any remedial
action taken.
Electrical Appliances & Equipment
Under the Electrical Equipment (Safety) Regulations 1994, the Plugs &
Sockets etc. (Safety) Regulations 1994 and some other regulations,
electrical installations and equipment in tenanted premises must be safe.
Although (unlike gas) no safety certificate is legally required, and
therefore it may be adequate to perform a visual check of electrical
equipment, fittings and leads, it is recommended that a qualified
electrician be engaged for this purpose.
Furniture & Furnishings
The Furniture and Furnishings (Fire) (Safety) Regulations 1988 (amended
1989, 1993 & 1996) provide that specified items supplied in the course of
letting property must meet minimum fire resistant standards. The regulations
apply to all upholstered furniture, and beds, headboards and mattresses,
sofa-beds, futons and other convertibles, nursery furniture, garden
furniture suitable for use in a dwelling, scatter cushions, pillows, and
non-original covers for furniture. They do not apply to antique furniture or
furniture made before 1950, bed clothes including duvets, loose covers for
mattresses, pillowcases, curtains, carpets or sleeping bags. Therefore all
relevant items as above must be checked for compliance, and non-compliant
items removed from the premises. In practice, most (but not all) items which
comply must have a suitable permanent label attached. Items purchased since
1.3.90 from a reputable supplier are also likely to comply.
General Product Safety
The General Product Safety Regulations 1994 specify that any product
supplied in the course of a commercial activity must be safe. In the case of
letting, this would include both the structure of the building and its
contents. Recommended action is to check for obvious danger signs - leaning
walls, broken glass, sharp edges etc., and also to leave operating manuals
or other written instructions about high risk items, such as hot surfaces,
electric lawnmowers, etc. for the tenant.
Preparing
the property for letting
A good relationship with tenants is the key to a smooth-running tenancy. As
Property Managers the relationship part is our job, but it is important that
the tenants should feel comfortable in their temporary home, and that they
are receiving value for their money. This is your job. Our policy of
offering a service of quality and care therefore extends to our tenant
applicants too, and we are pleased to recommend properties to rent which
conform to certain minimum standards. Quality properties attract quality
tenants.
General condition
Electrical, gas, plumbing, waste, central heating and hot water systems must
be safe, sound and in good working order. Repairs and maintenance are at the
landlord's expense unless misuse can be established.
Appliances
Similarly, appliances such as washing machine, fridge freezer, cooker,
dishwasher etc. should be in usable condition. Repairs and maintenance are
at the landlord's expense unless misuse can be established.
Decorations
Interior decorations should be in good condition, and preferably plain,
light and neutral.
Furnishings
It is recommended that you leave only minimum furnishings, and these should
be of reasonable quality. It is preferable that items to be left are in the
property during viewings. If you are letting unfurnished, we recommend that
the property contains carpets, curtains, and a cooker.
Personal items, ornaments etc
Personal possessions, ornaments, pictures, books etc. should be removed from
the premises, especially those of real or sentimental value. Some items may
be boxed, sealed and stored in the loft at the owner's risk. All cupboards
and shelf space should be left clear for the tenant's own use.
Gardens
Gardens should be left neat, tidy and
rubbish-free, with any lawns cut. Tenants are required to maintain the
gardens to a reasonable standard, provided they are left the necessary
tools. However, few tenants are experienced gardeners, and if you value your
garden, or if it is particularly large, you may wish us to arrange
maintenance visits by our regular gardener.
Cleaning
At the commencement of a tenancy the property must be in a thoroughly clean
condition, and at the end of each tenancy it is the tenant's responsibility
to leave the property in similar condition. Where they fail to do so,
cleaning should be arranged at their expense.
Mail forwarding
We recommend that you make use of the Post Office redirection service.
Application forms are available at their counters, and the cost is minimal.
It is not the tenant's responsibility to forward mail.
Information for the tenant
It is helpful if you leave information for the tenant on operating the
central heating and hot water system, washing machine and alarm system, and
the day refuse is collected etc.
Keys
You should provide one set of keys for each tenant. Where we are Managing we
will arrange to have duplicates cut as required.
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Enquiries
Please use this form to send us details of your property, and we will
contact you to discuss your particular requirements without obligation. All data
entered will only be used by Apple Homes Residential Letting and will not be passed to
3rd Parties
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