What is an EPC and why do I need one?

An EPC (Energy Performance Certificate) has been a legal requirement on a rental property since 2008. An EPC will give a property an energy efficiency rating from A to G, this will allow tenants to compare properties on an energy efficiency basis. You do not need to get a new EPC with every new tenancy as they are valid for 10 years, but any improvements made to a property after an EPC was issued may improve the ratings. A copy must be provided to any new tenant.
From the 1st April 2016 a tenant can request energy efficiency improvements to a property and reasonable requests cannot be refused.
From April 2018 all rental properties must have a minimum rating of E or better, there is also plans for a minimum rating of D or better from 2025 (although this legislation has still not been passed).

What are my responsibilities and duties regarding gas?

It is a legal requirement under Gas Safety Regulations 1998, that the landlord ensures any gas appliances, gas fittings and flues provided for tenants are safe, you must also have a Gas Safety Certificate undertaken by a Gas Safe registered engineer at least once every 12 months. You must issue a copy of the Gas Safety Certificate to the existing tenants once completed, or to any new tenants before they move in. You should keep a record of each Gas Safety Certificate for at least 2 years as may be asked to produce it in the event of an issue arising.

If I let my property out do I need to change my insurance policy?

When renting your house out you will need to change your homeowner’s insurance policy to a rental / landlord insurance policy. This policy covers the buildings structure, pipes and electrics but does not include contents.
We strongly recommend to any tenants that they should get their own contents insurance to cover their belongings.
Failure to change your insurance will result in a void policy if the property is tenanted and something goes wrong.

Do I need to inform my mortgage lender if I want to let out my property?

You will need to gain permission called ‘consent to let’ from your mortgage lender to let your property out or you may need to change your mortgage to a Buy to Let mortgage. Your mortgage provider may impose special conditions, which you will need to inform us about. If you are looking to buy a property with the intention of letting the property out, you may be able to obtain a Buy to Let mortgage where the permission is already granted.

I would like to rent my property how do I know what rent to charge?

We will conduct a rental valuation of your property based on comparable evidence of rental prices achieved on similar properties in the surrounding area. After the valuation we will be able to give you a guide of what the monthly rental value should be.
Unlike some agents who will give you the figure you want to hear we feel it is important you receive a realistic rental valuation to avoid any extended empty periods or unnecessary price drops.

What happens to my deposit once I move out?

Once you have handed the keys back the property will be assessed against the inventory carried out at the start of the tenancy alongside any inspection reports. The property is expected to be in the same condition as the day you moved in whilst allowing for Fair wear and tear. Once the property assessment is completed we will discuss any potential claims the landlord may wish to make. Once any deductions have been agreed you should receive your deposit within 7 working days. In the case of disputed deductions both parties can submit evidence to the DPS ( Deposit Protection Scheme ) for a third party ruling.

What if I want to end my tenancy early?

Your tenancy agreement is a legal binding contract that your landlord has to adhere to and so do you. If you leave before the end of your tenancy agreement you are still be liable for the rent, utilities and all charges associated until the fixed term of your agreement has expired. A formal “surrender“ may be requested from either party but the terms and conditions have to be agreed, this might include financial compensation for any costs or inconvenience incurred.

I want to give notice to end my tenancy what do I do?

If you would like to end your tenancy the procedure is straightforward. Check your tenancy agreement to confirm the end date of your fixed term and notice period required. You can give notice to end your tenancy in writing to us at the office or by email (we require notice from each named tenant on the tenancy agreement). Typically, 1 months notice is required (as long as this falls after the last day of your fixed term – if applicable), if you are unsure call us on 0116 267 4049 for assistance.