Making sure you have the right tenancy agreement that you want for your property is a crucial part of the lettings process, with many disputes as a result of both tenants and landlords not checking that their tenancy agreement suits their needs, it is important for landlords to make sure that they are up to date with tenancy law and stipulations. It is crucial that you are aware of your rights as a landlord and the rights of your tenants. In order to avoid problems later on, after agreements have been signed and it difficult for either party to escape the contract, then it is important to know your responsibilities regarding your property. There have been recent cases reported in the local news for King’s Lynn and Swindon where there have been several cases of landlords being fined and taken to court for anything as variable as fire safety breaches to turning attic rooms into bedrooms, many of these cases could have been avoided if the landlord had access to clear and up to date information. Firstly, check through your tenancy agreement, make sure that it fulfils your requirements and needs; How long would you like the tenancy to be' Is it possible for the tenant to redecorate the property' Most tenancies require an Assured Shorthold Tenancy (AST) unless they fall under certain categories. There is usually a minimum tenancy length of six months, although some short lets may vary the law states that the tenant has the right to remain in the property regardless of whether the tenancy is shorter than this or not. Our lettings team can help you with any aspect of your agreement, if you have any questions or would like to discuss your responsibilities, please call our lettings team on 020 7467 5770.
You may have seen the recent headline that was too good to be true - flat for sale in Knightsbridge priced at just £120,000. The catch? The lease attached to the property was to expire in the following ten weeks. The article raised an important issue for buyers of properties for sale in central London - especially flats. When comparing property prices and analysing search...
July 30, 2015
Recent news affecting buyers of property for sale in central London is coming from opposite ends of the spectrum - both concerning the size of residences. The cost of a one-bedroom flat in London is calculated to be rising up £75 a day, with a thriving audience for entry level property in the city and added interest from buy-to-let investors. At the other end of...
May 25, 2015
Central London estate agents are recognising an almost two-tier residential property market emerging in the capital. Executives, bankers and traders - traditionally the heartbeat of the buying and selling property market in central London - have found themselves displaced by billionaires and investors from Russia, China and the Middle East, squeezing them out of favoured neighbourhoods such as Mayfair and Knightsbridge. New centres of property...
May 05, 2015
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