Renting & Letting Kingston
There are many things you should know before you decide to either rent or let property, including the legal matters that could arise. To find out about some of the other concerns and things you should know about, continue reading.
Reporting Repairs Kingston
Many landlords are very conscientious about maintaining their property. It is, after all, in their interests to keep it in good condition. But some landlords are not helpful and repairs can remain outstanding from a long time, often at great inconvenience to the tenant.
The Tenancy Agreement: Five Important Issues Kingston
What length of tenancy are you looking for? Be wary of signing up for too long, because if you decide to leave early, you'll be liable to pay rent for the rest of the time you agreed. However, most landlords will take a favourable view if you can find an acceptable replacement tenant for them.
The Assured Tenancy Kingston
All tenancies for residential property entered into after 15 January 1989 (with a few minor exceptions), are known as 'assured tenancies'. The most common form of assured tenancy used in the private sector is known as an 'assured shorthold' (or sometimes just 'shorthold').
Renting with Others Kingston
If you plan to share with others, you may be asked to sign the same agreement and become joint tenants. This means each tenant can be held responsible in full on all the terms of the agreement.
Property Letting Issues Kingston
Before you sign up with an agent, or start looking for a tenant, there are a number of important factors you will have to bear in mind. Read on to learn the details.
All Topics
Buy-to-Let Mortgages Kingston
Unless you can buy a property outright, you will need to raise the cash by taking out a mortgage with one of the increasing number of lenders who offer buy-to-let loans.
Buying to Let Kingston
In recent years buy-to-let mortgages have revolutionised the letting market, making it easier to buy and let out property than ever before. The logic behind buy-to-let is simple. Over the years, the value of property has gone up by more than the rate of inflation.
Eviction Laws Kingston
Even if the tenant is not paying the rent regularly, or is in breach of other terms of the tenancy agreement, the only way a landlord can evict them is by going to court and obtain a court order for possession.
Finding Tenants Kingston
Having given much thought to the purchase of a property to let, you will also need to look at the possible sources of the tenant for your property. The tenant is the key to your future income, so must be chosen very carefully.
Finding the Right Property Kingston
The type of property you have, its location, its condition, will very much determine the rent levels that you can charge and the clients that you will attract.
Property Letting Issues Kingston
Before you sign up with an agent, or start looking for a tenant, there are a number of important factors you will have to bear in mind. Read on to learn the details.
Rent & the Law Kingston
Once a tenancy agreement has been signed, it is a binding contract between the parties. Just as the tenant is bound to pay the rent throughout the length of the tenancy, so the landlord has agreed to accept that amount for the length of the letting.
Renting Out a Room Kingston
If you're thinking about letting out a room (or rooms) in your house, there are a number of points you should consider. Read this article to learn the details.
Renting with Others Kingston
If you plan to share with others, you may be asked to sign the same agreement and become joint tenants. This means each tenant can be held responsible in full on all the terms of the agreement.
Renting, Letting & the Law Kingston
Whether you're a tenant or a landlord, it's essential to understand your rights and obligations - exactly what can and cannot be done once the tenancy agreement has been signed and the tenant has moved into the property.
Repairs & Damage Kingston
Repairs & Damage | InterHomes.co.ukThe landlord will not be liable to repair damage that was the tenants fault - say the tenant cracked a wash basin by dropping something into it. The landlord will equally not be liable to repair items other than those within the Act, or to redecorate, unless stated in the tenancy agreement.
Reporting Repairs Kingston
Many landlords are very conscientious about maintaining their property. It is, after all, in their interests to keep it in good condition. But some landlords are not helpful and repairs can remain outstanding from a long time, often at great inconvenience to the tenant.
Rights & Responsibilities Kingston
The public sector tenancy (local authority or housing association), is usually very clear and very comprehensive about the rights and obligations of landlord and tenant. Unfortunately, the private landlord often does not take quite as much care when it comes to educating and informing the tenant, and many landlords will try to use only the most basic documentation in order to conceal their legal obligations.
Tax Implications of Letting Kingston
Income tax is payable in the UK on rental income from a second home or an investment property, and so all rental income must be declared to the tax authorities (except for the Rent a Room scheme).
The Assured Tenancy Kingston
All tenancies for residential property entered into after 15 January 1989 (with a few minor exceptions), are known as 'assured tenancies'. The most common form of assured tenancy used in the private sector is known as an 'assured shorthold' (or sometimes just 'shorthold').
The Risks of Letting Property Kingston
Letting property can be risky. You only need one bad tenant who stays for six months without paying any rent and then disappears, leaving the house in need of hundreds of pounds worth of redecoration to bring it back into a decent condition, and your profits for that year - and probably the next - could be gone.
The Tenancy Agreement Kingston
A tenancy agreement is a contract between landlord and tenant, which when signed, will govern the way in which the tenant will live in the property. Before a tenant moves into a property, they will have to sign a tenancy agreement drawn up by the landlord.
The Tenancy Agreement: Five Important Issues Kingston
What length of tenancy are you looking for? Be wary of signing up for too long, because if you decide to leave early, you'll be liable to pay rent for the rest of the time you agreed. However, most landlords will take a favourable view if you can find an acceptable replacement tenant for them.
Local Events
England vs West Indies / 1st Test
Dates: 19/05/2012 - 19/05/2012
Location: Lords
New London
View Details
England vs West Indies / 1st Test
Dates: 20/05/2012 - 20/05/2012
Location: Lords
New London
View Details
England vs West Indies / 1st Test
Dates: 21/05/2012 - 21/05/2012
Location: Lords
New London
View Details
The Secret Life of the Magic Lantern: The Exotic, the Erotic and the Bizarre
Dates: 24/06/2012 - 24/06/2012
Location: Conway Hall
London
View Details
England vs Australia ODI's / 1st Natwest ODI
Dates: 29/06/2012 - 29/06/2012
Location: Lords
New London
View Details
Dates: 19/05/2012 - 19/05/2012
Location: Lords
New London
View Details
England vs West Indies / 1st Test
Dates: 20/05/2012 - 20/05/2012
Location: Lords
New London
View Details
England vs West Indies / 1st Test
Dates: 21/05/2012 - 21/05/2012
Location: Lords
New London
View Details
The Secret Life of the Magic Lantern: The Exotic, the Erotic and the Bizarre
Dates: 24/06/2012 - 24/06/2012
Location: Conway Hall
London
View Details
England vs Australia ODI's / 1st Natwest ODI
Dates: 29/06/2012 - 29/06/2012
Location: Lords
New London
View Details