Tenants are advised to read and comprehend the tenancy agreement before they move in, but landlords should be familiar with every aspect of the document. If you are unsure as to whether you are offering the right tenancy agreement, or you need a refresher on why it matters, we are here to assist you. You can always arrange an appointment to speak with us, but for now, here are tenancy agreement tips for landlords.
Make sure you use an up to date and relevant tenancy agreement
While the internet is of tremendous benefit in everyday life, it sometimes provides people with wrong information. If you are a landlord, it is easy to think you can take or copy one of the many tenancy agreement forms available online, and use it for your own purposes. However, not all tenancy agreements are the same, and not all rental properties are the same.
You must ensure the agreement is valid, and that it is relevant to the needs of you and your tenant. If you are looking for guidance on tenancy agreements, please contact us and we will be more than happy to assist you.
Be mindful of the initial fixed term in the agreement
Unless you know the tenant and you are confident about how they will treat the rental property, you shouldn’t offer too long an initial fixed term in their contract. If you agree a lengthy deal and problems arise, it can be a complicated process to remove the tenant.
Most landlords find a six-month trial period is more than suitable in welcoming a new tenant to their property.
Comply with the Tenant Fees Act 2019
The Tenant Fees Act introduced in 2019 has changed the letting industry, and landlords must be aware of what they can and cannot charge for these days. Landlords are now limited in what they can charge tenants, and how much they can charge.
If you have been using the same tenancy agreement for some time, it is imperative you review it to ensure it complies with the most recent regulations. If you need assistance complying with the Tenant Fees Act 2019, get in touch with us and we will be more than happy to assist you.
We know many landlords are uncomfortable or unsure of the latest industry regulations, but we are here to assist you manage these matters.
If you are a South West London landlord and you need assistance letting property or providing tenants with a tenancy agreement, we are here to help. We can arrange a property valuation for you, and we can provide you with a broad range of services aimed at helping you manage your tenant and rental property. Whatever area you need help in, contact Holmes Estate Agents, and we will be on hand to assist you.