Factors that landlords should consider while renting property

Posted under Advice by Michael

High maintenance sector of the property rental market can be made easier if landlords follow following tips.
Landlords should have simple checkout leaflets, which outline the expectations and procedures at the end of their tenancy. Landlord should provide a ‘Household Folder’, which carries helpful information like:

•    House and Electrical Safety
•    Condensation
•    Responsibility of  Repairs
•    Landlord and Student Responsibilities
•    Visits by the Landlord
•    Crime Prevention
•    Fire Safety
•    First Aid
•    Emergency Telephone Numbers
•    Disposal of Refuse
•    Legal certificates

Insurance cover
Landlords should have 24-hour emergency plumbing insurance cover. Landlord should include a general clause in the tenancy agreement which states that tenants should:

•    Replace defective electric bulbs
•    Vacuum filters and belts
•    Starters
•    Tap
•    Fluorescent Tubes
•    Fuse

Avoid the Tenancy Deposit Scheme (TDS)
Landlords should not take security deposit and avoid the Tenancy Deposit Scheme. Instead they should sign a contract in which they can charge each tenant £50 non-returnable administration fee, which would be benefit both the parties.