RentalMarket™

Category: Latest Landlord FAQ’s

Renters Reform Bill 2023 – A Landlords Guide

The Renters’ Reform Bill will bring about significant changes to the renting landscape. The new legislation, which comes into effect next week, includes several key measures, such as the elimination of section 21 ‘no fault’ evictions, the establishment of a landlord registry, and the introduction of a private rented ombudsman to ensure that renters’ rights are upheld. Additionally, the bill

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What Is A House In Multiple Occupation (HMO)?

A house in multiple occupation is a house occupied by people who do not live as a single household. This can include bedsits, shared houses, hostels, non-self contained flats and houses converted into flats. Hotels, guest houses and bed and breakfast establishments that are used to accommodate homeless people or asylum seekers are also HMOs. Houses or buildings occupied by

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Who Pays The Council Tax – Landlord or Tenant?

The tenant is responsible for the council tax (unless you decide to include this in the rent) but this needs to be clearly stated in the tenancy agreement. If the property is standing empty, it is the landlord’s responsibility to pay.

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Can My Tenant Refuse An Increase In Rent

For a periodic tenancy (rolling on a week-by-week or month-by-month basis) you can’t normally increase the rent more than once a year, unless you seek the tenant’s agreement. For a fixed-term tenancy (running for a set period of time) you can only increase the rent if your tenant agrees.

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What Is Meant By Legal Expenses, Eviction Of Squatters & Rent Guarantee?

Legal Expenses Cover is provided for irrecoverable costs and fees to pursue or defend claims involving breach of tenancy agreement. Rent Guarantee Cover is provided for unpaid rent in excess of one month up to 12 months or until vacant possession is gained, whichever happens first. Once vacant possession is obtained and your property is in a suitable condition to be

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Gas Safety & Maintenance – Dealing With Tenants

What Information Do I Have To Give My Tenants? You must issue the latest gas safety check record to: 01. existing tenants within 28 days of the gas safety check record being completed; and 02. to new tenants before they move in. How Can I Provide The Information? If your tenant is happy and can access it, you can provide

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What can I do to improve my rented property EPC rating?

What can I do to improve my EPC rating? An EPC will list recommendations on how you can improve your rating. It will give estimated costs to make improvements, as well as the total potential savings. Common recommendations include: These improvements will lower energy bills and lessen the property’s environmental impact.

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How long does my EPC certificate last?

Once completed, an EPC is valid for 10 years. You can use it multiple times within this period. If you have made improvements to your property and plan to rent it out or sell it, it is a good idea to have a new EPC done to reflect the changes.

Read More »

Why is a high EPC rating important?

Based on average property prices, there is a correlation between a stronger EPC rating and a higher house price. According to MoneySupermarket.com, properties with higher EPC ratings can achieve higher values and improving any rating can be an important way to bolster your asking price. House buy fast Jonathan Rolande, Director of House Buy Fast and Founder of the National Association

Read More »

Category: Latest Landlord FAQ’s

Renters Reform Bill 2023 – A Landlords Guide

The Renters’ Reform Bill will bring about significant changes to the renting landscape. The new legislation, which comes into effect next week, includes several key measures, such as the elimination of section 21 ‘no fault’ evictions, the establishment of a landlord registry, and the introduction of a private rented ombudsman to ensure that renters’ rights are upheld. Additionally, the bill

Read More »

What Is A House In Multiple Occupation (HMO)?

A house in multiple occupation is a house occupied by people who do not live as a single household. This can include bedsits, shared houses, hostels, non-self contained flats and houses converted into flats. Hotels, guest houses and bed and breakfast establishments that are used to accommodate homeless people or asylum seekers are also HMOs. Houses or buildings occupied by

Read More »

Who Pays The Council Tax – Landlord or Tenant?

The tenant is responsible for the council tax (unless you decide to include this in the rent) but this needs to be clearly stated in the tenancy agreement. If the property is standing empty, it is the landlord’s responsibility to pay.

Read More »

Can My Tenant Refuse An Increase In Rent

For a periodic tenancy (rolling on a week-by-week or month-by-month basis) you can’t normally increase the rent more than once a year, unless you seek the tenant’s agreement. For a fixed-term tenancy (running for a set period of time) you can only increase the rent if your tenant agrees.

Read More »

What Is Meant By Legal Expenses, Eviction Of Squatters & Rent Guarantee?

Legal Expenses Cover is provided for irrecoverable costs and fees to pursue or defend claims involving breach of tenancy agreement. Rent Guarantee Cover is provided for unpaid rent in excess of one month up to 12 months or until vacant possession is gained, whichever happens first. Once vacant possession is obtained and your property is in a suitable condition to be

Read More »

Gas Safety & Maintenance – Dealing With Tenants

What Information Do I Have To Give My Tenants? You must issue the latest gas safety check record to: 01. existing tenants within 28 days of the gas safety check record being completed; and 02. to new tenants before they move in. How Can I Provide The Information? If your tenant is happy and can access it, you can provide

Read More »

What can I do to improve my rented property EPC rating?

What can I do to improve my EPC rating? An EPC will list recommendations on how you can improve your rating. It will give estimated costs to make improvements, as well as the total potential savings. Common recommendations include: These improvements will lower energy bills and lessen the property’s environmental impact.

Read More »

How long does my EPC certificate last?

Once completed, an EPC is valid for 10 years. You can use it multiple times within this period. If you have made improvements to your property and plan to rent it out or sell it, it is a good idea to have a new EPC done to reflect the changes.

Read More »

Why is a high EPC rating important?

Based on average property prices, there is a correlation between a stronger EPC rating and a higher house price. According to MoneySupermarket.com, properties with higher EPC ratings can achieve higher values and improving any rating can be an important way to bolster your asking price. House buy fast Jonathan Rolande, Director of House Buy Fast and Founder of the National Association

Read More »