HELP FOR LANDLORDS

We understand that a residential property is a significant asset and that as a landlord your principal objective is to maximise the return on your investment, both in terms of rental income and capital appreciation

THINKING OF MOVING

ANGLOWIDE was set up to assist landlords and tenants in all aspects of rental transactions. A real success story, this company now manages hundreds of rented property across East London and has forged a reputation for exceptional service and customer care.

We handle landlords and tenant enquirers, carry out valuations and viewings and assist with the initial paperwork when a tenant wishes to rent a property.

Our dedicated Property Management and Administration Center in East London, then processes each transaction swiftly and efficiently, organize moving in dates and all associated work and then specialises in managing the properties.

YOUR LOCAL LETTING SPECIALIST

Our lettings offices work proactively to ensure that we find the best quality tenants and achieve the best possible rents and terms for landlords, but at the same time we are careful to do everything in our power to protect our landlords’ investments and our tenants’ well-being through our stringent lettings and compliance processes.

Each of our experienced, ARLA qualified lettings teams are experts in your lettings market and always up-to-date with the changes in legislation which continue to affect our clients. We ensure that we provide all the guidance and advice necessary for keeping both landlords and tenants protected.

COMPREHENSIVE LETTINGS SERVICE

We know how difficult and time-consuming it can be to be a landlord, regardless of whether you have one property or a portfolio. It is with this understanding that we have developed a comprehensive range of services for landlords that allows them to enjoy the benefits of their investments without the worry or the hassle. From sourcing a suitable property to arranging the deposit release, we can help our landlords through every single step of the lettings process.

ANGLOWIDE LANDLORDS GUIDE

Letting out a property can be a great investment but there are a few things to look out for. We can help you find tenants, get the right price and manage the paperwork. We have been letting property and managing flats and houses for nearly 25 years, so sit back and let us take you through how it works.

WHO WE ARE ?

We are an independent estate and lettings agency working across London. We have offered a professional and innovative approach to estate agency.

As a Tenants and landlords trusted company we provide exceptional customer service. We have experienced, knowledgeable and passionate staff. All agents are qualified with industry bodies and have worked in residential sales, lettings and management for many years.

WE ARE BETTER CONNECTED

There are many reasons why we stand out from the crowd. We believe a major factor is that we have wide range of professional tenant database and having direct influence in the community to find out the perfect tenet for the perfect property.

WE ARE HERE FOR YOU

Letting your property can be a daunting prospect. That is why we are here to help you understand the process. We keep track of changes in the rental market so that you don’t have to. Our agents are skilled, not only at finding the right tenants for your property, but also in advising the best way to present your property to attract those tenants.

We will ensure the property is safe, and that all legal requirements are met, giving you peace of mind. Orient Property Ltd is primed to offer advice on the lettings market, provide professional management services, and ensure your investment is working for you.

MOVING FORWARD

GETTING CHECKED

Once a tenant has been found, references are taken up by an independent referencing agency. References are used to provide verification of the information provided by the tenants. The agency will check that each tenant is credit worthy by checking for CCJs and arrears and take references from employers and the previous/current landlord. Once references have been received we will contact you to confirm the result and moving in date.

GETTING AGREEMENT

We use an approved Tenancy Agreement which has been carefully designed to protect the landlord’s rights to possession, help control the tenant’s activities and comply with standard mortgage lender requirements. Tenancy agreements are usually for an initial term of 6 or 12 months, however shorter or longer term tenancies can be negotiated. The Housing Act 1988 specifies several different types of tenancy, however your tenancy is likely to be an Assured Short hold Tenancy or Contractual Tenancy.

RESPONSIBILITIES

BEING A LANDLORD

The landlord’s obligations are clearly determined in Section 11 of the Landlord and Tenant Act 1985. The landlord is responsible for maintaining the structure and exterior of the property, heating and plumbing installations and dealing with routine repairs. If the property is leasehold, the landlord is responsible for paying the service charge and ground rent.

BEING A TENANT

The tenant has the responsibility of taking care of the rented property and using it in a responsible way, paying the rent and keeping to the terms of the tenancy agreement.

LANDLORDS’ MUST READ

If you are a landlord renting out your property or thinking of renting out your property, whether you are a seasoned landlord or a starter landlord, this is a must read. Becoming a landlord is not as simple as buying a property and finding a tenant. There are law-backed responsibilities for landlords. Failure in any one of those could land a landlord in hefty fine. Don’t fall foul of the law.

Regulation changes every now and then. And as a landlord, it is your responsibility to be up to date with the law. At Anglowide Estates, we help keep our landlords abreast of new regulations. With our landlords’ tailored services, you can choose any of our services to take the hassles off your back. Let us take care of the regulatory bits for you, and we will look after your property too. See our landlords’ services to choose the most suitable for you.

Whatever you choose, here are some tips to help keep you on the right side of the law:

ENSURING THE PROPERTY IS SAFE

You have a duty to tenants to ensure the properties you rent to them are actually safe to live in. This means you need to stay aware of any issues that arise with the electrics, gas or any other potential hazards that could harm those living in the property.

Regulatory requirements include providing safety devices, such as

  • ▣   Smoke alarms on each floor of the property
  • ▣   Carbon monoxide alarms,
  • ▣   Fire extinguisher/fire blanket
  • ▣   Adequate escape routes in the event of a fire.
  • ▣   Gas safety certificate
  • ▣   Electric safety certificate

PROVIDING AN ENERGY PERFORMANCE CERTIFICATE

Did you know that from April 2018, the EPC of your property must be minimum of Band E before you could rent your property out?

Your property’s Energy Performance Certificate (EPC) lets tenants and authorities know how energy efficient the property is. The ratings provided range from A to G and the EPC will define what measures have been installed in the property, such as insulation, new boilers or double-glazed windows, to make it as energy efficient as possible, thus reducing the cost of bills for tenants. It is in your best interest to achieve a high rating for your EPC, as this makes the property more attractive to prospective tenants. You can acquire an EPC from an accredited assessor. Contact our office to arrange one.

RIGHT TO RENT

You must check that a tenant can legally rent your property. The "right to rent" scheme, which requires landlords to check the immigration status of tenants, was introduced in England in 2016. Before you issue a new tenancy, you must check all tenants aged 18 and over, even if

  • ▣   they’re not named on the tenancy agreement
  • ▣   there’s no tenancy agreement
  • ▣   the tenancy agreement is not in writing
  • Did you know that on the 1st of March 2019, the High Court ruled that this requirement breaches ‘Human Right’? The Government is yet to review this policy following the ruling.

RIGHT TO ENTRY


While you have the right to enter a tenant’s property to inspect things, you also need to understand that there are some key rules you must follow before turning up. First, you must provide your tenants with twenty-four hours’ notice before you arrive at the property. In many cases, the tenancy agreements that you create will also stipulate that visits must be made at reasonable times, which means no turning up in the early hours of the morning. Failure to comply with this means you are breaching standard terms of tenancy, and possibly the law.

PROTECTING DEPOSITS

If you have taken a security deposit from your tenant it is your duty to protect this money. The rules state that all deposits must be placed in a Tenancy Deposit Protection (TDP) scheme and there are no exceptions.

There are three such schemes in England:

  • ▣   Deposit Protection Service
  • ▣   MyDeposits
  • ▣   Tenancy Deposit Scheme

Each of these protects deposits and ensures that tenants receive them back upon leaving the property, assuming they have held up their ends of the tenancy agreement. You must place a deposit into one of these schemes within thirty days of receiving it and the agreed sum must be returned to tenants within ten days of said sum being agreed.

HOW TO RENT LEAFLET


This is a government leaflet providing tenants information about their rights and responsibilities when renting from in the England. This can be downloaded here (https://www.gov.uk/government/publications/how-to-rent). It is mandatory to provide this information leaflet to your tenant. Do not overlook it.

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