Back to School, Back to Basics – Part 2

In Part 1 of Back to School, Back to Basics we covered the pre-tenancy certifications and legalities of rental properties. Now in Part 2, we’re moving forward in the process and once a tenant has been secured.

Other Things to Consider…

• Apart from a robust tenancy agreement applicable to the type of rental you have agreed and an inventory check-in report, copies of the EPC, EICR and GSC will need to be issued to any tenant before the tenant move in along with the government’s How to Rent Guide. If not, this may affect your ability to apply for an eviction order if necessary in future.

• Landlords are also required to protect a tenant’s security deposit in a government-approved scheme, such as the DPS and also check your tenant’s right to rent in the UK. Documents need to be checked in-person or online via the government’s verification service.

• If you would like the reassurance of a rent guarantee or legal protection cover policy in case your tenants don’t pay rent or need to be evicted, your tenant will need to have passed referencing with a third party referencing company.

•  If you’re normally resident overseas or the property is owned by an overseas company, you should always confirm your tax requirements with HMRC. They have specific guidelines for non-resident landlords.

Finally, international student tenants travelling to the UK for their course often have to rent properties on the basis of photos and video viewings without having actually stepped foot in the front door – or you having met them in-person. It can be worthwhile to have a video chat to assess their suitability for your property and also make sure that the tenancy agreement reflects that the property has been taken ‘sight unseen’ to avoid being let down at the last minute.

If you would prefer to use the services of a qualified and experienced agency, book a quick call with us to discuss your rental property. We’d be delighted to help.

Back to School, Back to Basics – Part 1

It’s September and that has meant back to school for not only millions of children across the UK, but all the ‘big kids’ too - the students who are back at university to take up their places on undergrad and postgraduate courses.

It’s the first year of a true ‘back to normal’ end-of-summer/start of the school year cycle since Covid and demand has been soaring. We’ve even let a few properties in the final stages of renovation such that they’ll be occupied from Day 1!

With so many new move-ins happening, it’s a great time to go back over the basics and ask: What exactly do you need to do in order to let your property?

Pre-Rental Certifications & Legalities Required On Move-In

It’s a given that you’ll have made sure your rental property is fit for habitation and is maintained in good condition, but do you have the correction certifications in place?

To let a rental property, you need to make sure you have at least valid energy performance, electrical installation and gas safety certifications in place:

• Energy Performance Certificate (EPC): These have been around for 15+ years since Home Information Packs and the regulations in 2007. You need one to market your property! Certificates remain valid for 10 years and the minimum rating is currently E. Many have been done and many have since expired! In any case, you can check for your EPC on the government’s register.

• Electrical Installation Condition Report (EICR): Valid for 5 years, these have been a legal requirement since April last year and are needed before a tenant moves into a rental property. Watch out, the initial inspection may uncover electrical faults that require further investigation or remedial works. Read more details here.

• Gas Safety Certification (GSC): Still in force and the longest standing certificate requirement – nearly 25 years for good reason. Conducted annually by a Gas Safe registered engineer (formerly CORGI), GSCs or CP12s are also a legal requirement if there is one or more gas appliance in the property.

You’ll also need to ensure smoke alarms & carbon monoxide detectors are in place and working and can read our recent post for more information on the recent changes to regulations.

If the rental property is a flat in a purpose-built building, there are additional fire safety regulations to consider and the most up-to-date information is always available on www.gov.uk.

You may also want to get a test for Legionnaires Disease and whilst PAT testing appliances isn’t legally required for private rentals, if a tenant is placed by a local housing association scheme, they may request this and both are good practice. 

Finally, always make sure to check if your rental property falls inside of a mandatory licensing area. These vary between boroughs in London, with differing costs and application processes.

Coming up next week - Back to Basics Part 2 with some other things to consider for tenants moving in… and if you would like to discuss any aspect of preparing your property for rental, book a quick call with us.

Green Homes Grant Scheme Announced by Government

Propertymark Outlines Details of New Government Scheme

‘The government has announced a new scheme for homeowners in England called the Green Homes Grant Scheme. Set to start in September, the scheme will see eligible homeowners issued with vouchers to pay for energy-saving improvements to their homes.

How much funding is available?

Chancellor Rishi Sunak will be unveiling a £3billion plan to cut emissions, with £2billion ringfenced for the Green Homes Grant Scheme.

Under the scheme the government will pay at least two-thirds of the cost of energy saving home improvements up to £5,000. For the lowest earners, the government will pay the full amount up to £10,000.

David Cox of ARLA Propertymark said:

“Since the withdrawal of LESA (Landlords Energy Saving Allowance), we’ve been calling for a simple grant scheme to help private homeowners and landlords make their properties more energy efficient.

Today’s announcement is a big step forward to ensure that they can take the necessary steps to do this and ultimately create a greener property sector in the UK.”

What home improvements will be eligible?

Homeowners will be able to use the vouchers to pay for improvements that will make their property more energy efficient. This could be installing floor, wall and loft installation, low energy lighting, energy efficient doors and double glazing.

How will the vouchers work?

The government has said that homeowners will be able to apply for the grants on the Simple Energy Advice website from September.

Applicants will be asked some basic questions about their home followed by recommendations on eligible improvements, including information on local suppliers.

Once a supplier has provided a quote and the work has been approved, the government will issue a voucher.

Are you eligible?

The scheme is open to anyone who would benefit from eligible energy efficiency measures. The government are yet to release the criteria to receive the extra funding for those on lower incomes.’

We will provide updates as they become available. The scheme website is accessible below.

Electrical Safety Certificates Now Required

First Phase of New Electrical Safety Regulations Comes Into Force

As detailed previously, electrical safety inspections are required for all new tenancies from 1st July 2020. This means that if your property is currently being marketed for rent, it will require certification to ensure that the electrical installations in your private rented property are safe and compliant.

The certification requirement for existing tenancies will not come into force until 1st April 2021 and certificates will be valid for 5 years.

Our team of highly trusted, recommended and competitively priced tradespeople - have been busily servicing our landlords over the past few months to ensure their properties are compliant with this latest legislation.

To fully appreciate our fabulous team, fantastic rates and transparent pricing - contact us using the link below:

Keeping Tradespeople Safe During Covid-19

How to Support Safe Working for Tradespeople throughout Coronavirus

As we highlighted in our recent post on frequently asked questions from landlords, wherever possible, it is still mandatory to ensure your property is safe and compliant with all current rental and safety legislation.

Our advice has been to carry out any necessary works and checks for energy performance, gas and electrical safety certificates to empty properties between tenants to ensure the safety of our valued tradespeople. Where this has not been possible because a property has a current tenant, we are facilitating the tradesperson and tenant coordinating access and discussing the best arrangements.

Typically, the tenant has chosen to take a walk or do their shopping during the visit to allow the tradesperson safe and unrestricted access to the property whilst they undertake the necessary works. Deliveries of replacement parts and materials are being similarly coordinated.

In carrying out these measures with we’ve been able to keep our landlord’s rental properties safe and compliant - and also keep our trusted tradespeople in work.

The government has produced comprehensive information on safe working practices and it is available via our link.