Before Letting Your Property

Remember:-
Taxation

Rental income is subject to UK Taxation. If you are resident in the UK, rental income will be paid to you with no tax deducted. However, if you are a non-resident landlord, i.e. usually live outside the UK – this includes service personnel, we are obliged to deduct tax at the basic rate under the Inland Revenue Non-Resident Landlord’s Scheme.

Insurance

As the Landlord you are responsible for insuring the building and any contents therein, you must therefore advise your Insurer. Dack Property Management Company Limited can obtain a competitive insurance quotation if required. Tenants will be responsible for their own possessions.

Mortgage Consent

Before entering into an Agreement you must have consent to let the property from your Mortgagee.

Superior Landlord Consent

If the property is Leasehold you will need to obtain written consent from the Landlord.

General:-

The Landlord must ensure that the property is clean throughout. All machines, appliances and heating/water systems should be in excellent working order and recently serviced. Copy invoices from Service Engineers, Guarantees, Service Contract information – clear instructions for use must be left for the tenants.

Carpets, curtains, blankets, duvets, pillows, bed covers and loose covers should be professionally cleaned.

Please also arrange for your post to be redirected to your forwarding address. Dack Property Management Company Limited cannot be held responsible for forwarding Landlords post.

Keys

In the event of you depositing keys for the property with Dack Property Management Company Limited before the property is let, at the end of a tenancy, or between tenancies – Dack Property Management Company Limited cannot undertake any liability for the security of the property. We will, however, make all reasonable efforts to ensure property security is maintained.

You are reminded that the primary responsibility for the security of any property remains that of the Landlord.

 

ARLA

TDS

RICS