Do I need to provide smoke alarms?
From the 1 October 2015 landlords will have to ensure that a smoke alarm is fitted on every floor of their property where there is a room used wholly or partly as living accommodation. They will also have to put a carbon monoxide alarm in any room where gas, oil, or solid fuel is burnt, such as wood, coal or biomass and includes open fires.
How much is the tenants deposit and what happens to it?
Fenn Wright hold the equivalent of 5 weeks rent as a stakeholder and register this with TDS (The Dispute Service), resulting in a faster and more efficient deposit release process at the end of the tenancy. Fenn Wright also offer a deposit alternative product with Reposit, subject to eligibility, which gives the Landlord up to the equivalent of 8 weeks cover instead of a cash deposit of 5 weeks.
What is an EPC and how long will it be valid?
An EPC (Energy Performance Certificate) indicates the energy efficiency of a property and is valid for 10 years. It is a legal requirement for landlords to have a valid EPC before marketing commences and the property can be let. Fenn Wright can arrange an EPC for you.
Who is responsible for paying the utility bills?
Tenants are responsible for paying for all utility bills including council tax, water, electricity and gas. At the beginning and end of tenancies HomeBox will contact the relevant providers with meter readings and details of the occupants. HomeBox manage the void periods on behalf of Landlords and report back to Fenn Wright. All other charges such as ground rent, maintenance charges and buildings insurance must continue to be paid by the Landlord. The Landlord is also responsible for any charges from utility companies whilst the property is empty.
Should I let my property unfurnished or furnished?
Unfurnished properties are most in demand - this traditionally includes carpets and a cooker. Some landlords do provide other white goods but these will require maintenance if included in the initial let. If you are planning to let a furnished property, do bear in mind that all upholstered furnishings (such as sofas, mattresses, chairs etc) provided in a rental property must be fire resistant and carry a manufacturers label with a symbol that confirms this.