You’re Moving And Quickly Need To Find A Tenant

Here’s the scenario…

You’ve got a job in a different city, it’s too far to travel everyday, you need to move. You’re not sure if your work contract will be extended or even if you pass the provisional 6 month period, but the opportunity is to good to pass up.

As a property management company, we hear this a lot and ultimately we have lots of flats for rent in Liverpool. The phrases; temporary, love my home, not sure and see how things work out are common. We hear all the reasons imaginable that will basically mean you’ll quickly need to rent out your home. Financially, you couldn’t afford not to.

If you’re not prepared to let an experienced company who have experience with apartments in Liverpool to rent, undertake this on your behalf. We’ve put down a few quick tips to think about;

6 tips for choosing the right tenant 

1. Take your time. Don’t rush the search. You’re better to go without a tenant for a month, than to choose one who doesn’t fit.

2. Meet your tenants in person. Even if you’re working with a property manager, always meet your potential tenant in person. You have a better idea of what you’re looking for.

3. Trust your instincts. If your gut says something’s not right, it’s probably right. Listen to it.

4. Ask for references. Always ask for references. Make sure to have a list of questions on hand. And don’t feel bad about prying – it could be the difference between a good and terrible tenant.

5. Run a credit check. This isn’t always possible, but if you can do one then do it.

6. Use a lease and get a deposit (this is a legal obligation). Make sure you have your tenant sign a lease and always take at least one month’s rent as a deposit (look at rental deposit scheme) in case anything should happen.

Did you like this? Share it:

The Full Management Service From Bluerow Lettings

Bluerow lettings offer a variety of services, read about our Full Management option

As discussed in previous posts, Bluerow lettings offers a tenant find and let only service. We want to show you the benefits of our Full Management service as it minimises any hassle which you could incur from your rental properties.

Here is a breakdown of the ‘Full Management Service’ option

Marketing the property

You will get the same great service our letting agent provides for all our customers who have flats for rent in Liverpool. Without this type of marketing, you’ll make it unnecessary difficult to find the right tenant. We can assure you that potential tenants check the Bluerow website and call us for new properties… daily!

Accompanying all the viewings

We understand that finding the right tenant is possibly one of the most important considerations if you have Liverpool property to rent. With a wealth of experience, Bluerow lettings can help you find the right candidate and help answer all the questions, they’re likely to ask. We’ve seen it, heard it and done it all before!

Credit Checking tenants

We know that credit checking may not seem important, but trust us, it is! Imagine all the possibilities that could arise if you leave out this step. We have established links with agencies, and most importantly we go through this process on daily basis.

Producing assured shorthold tenancy agreements

The tenancy agreement is a contract between you and your landlord. The tenancy agreement gives certain rights to both you and your landlord, for example, your right to occupy the accommodation and the your landlord’s right to receive rent for letting the accommodation.

Setting up standing orders

Let us do this for you.

Writing to all the services providers

Advising on who has moved in, when and what the readings are.

Registering the Deposits

The deposit protection scheme has been law sine 2008, we know all about this, and are experts in setting this up.

Rent Guarantee Insurance Policy

This policy is against defaulting of rent, for the first inital tenancy term agreed regarding rent collection. Bluerow Lettings deal with any management issues which may arise whilst tenant is in situ

 

Full Management Service £395 pus VAT then 11% pcm

Did you like this? Share it:

The Bluerow Let Only Service

Bluerow lettings offer three different types of service depending on their clients needs.

As discussed in the previous post, if you have a landlord who is letting a large portfolio on a regular basis but haven’t the time to do viewings etc., then the Bluerow ‘Tenant Find Only’ service would be ideal for you.

The second service I’d like to discuss with our readers is for the landlord who doesn’t mind getting those 3am phone calls from tenants. Those with property issues, but are not well versed in the contractual and legal side, then we would recommend ‘Let Only Service’.

Here is a breakdown of the ‘Let Only Service’ option

Marketing the property

You will get the same great service our letting agent provides for all our customers who have houses to let in Liverpool. Without this type of marketing, you’ll make it unnecessary difficult to find the right tenant. We can assure you that potential tenants check the Bluerow website and call us for new properties… daily!

Accompanying all the viewings

We understand that finding the right tenant is possibly one of the most important considerations if you wish to rent apartments in Liverpool. With a wealth of experience, Bluerow lettings can help you find the right candidate and help answer all the questions, they’re likely to ask. We’ve seen it, heard it and done it all before!

Credit Checking tenants

We know that credit checking may not seem important, but trust us, it is! Imagine all the possibilities that could arise if you leave out this step. We have established links with agencies, and most importantly we go through this process on daily basis.

Producing assured shorthold tenancy agreements

The tenancy agreement is a contract between you and your landlord. The tenancy agreement gives certain rights to both you and your landlord, for example, your right to occupy the accommodation and the your landlord’s right to receive rent for letting the accommodation.

Setting up standing orders

Let us do this for you.

Writing to all the services providers

Advising on who has moved in, when and what the readings are.

Registering the Deposits

The deposit protection scheme has been law sine 2008, we know all about this, and are experts in setting this up.

Cost is 1 months rent + VAT

Did you like this? Share it:

Do I need to have a lease?

This post is in response to a very common question on our blog. If you’re involved in anyway with property rental Liverpool or in another city you’ll want to know about leases. We’ve asked our good friends Bluerow lettings who understand the issues with property rental Liverpool… for advice.

It’s important to seek professional property management advice on all legal issues.

Under English law, tenancy agreements can be created orally and do not need to have a written agreement to be legally binding – in fact, once a person is given possession (exclusively) of land or property (usually evidenced by possession of the keys) and the owner accepts rent payments, a tenancy comes into existence legally.

However, getting an agreement in writing is strongly recommended as oral agreements are obviously difficult to enforce because there is often no proof of what has been agreed, or a particular problem may have arisen which the agreement did not cover.

Is there a ‘standard’ lease?

The type of tenancy you have depends to a large degree on when it was taken out, but is likely to be an assured shorthold tenancy.

Can the landlord makeup the lease himself?

There are obligations you and your landlord have which may not be set down in the agreement but which are given by law and are implied into all tenancy agreements. These terms form part of the contract, even though they have not been specifically agreed between your landlord and you.

What does the lease have to include?

Written agreements need to specify certain things, including:

* The type of tenancy you have
* Your name and your landlord’s name and the address of the property which is being let
* The date the tenancy began
* Details of whether other people are allowed the use of the property, and if so, which rooms
* The duration of the tenancy, that is, whether it runs out on a certain date
* The amount of rent payable, how often and when it should be paid and how often and when it can be increased.
* Whether your landlord will provide any services, for example, laundry, maintenance of common parts or meals and whether there are service charges for these
* The length of notice which you and your landlord need to give if the tenancy is to be ended. Note that there are statutory rules about how much notice should be given and these will depend on the type of tenancy and why it is due to end.

You are obliged to take proper care of the accommodation and your landlord is also obliged by law to give their address.

Can the terms of the tenancy agreement be changed during the period of the tenancy?

A tenancy agreement can normally only be changed if both you and your landlord agree, in which case the change should be recorded in writing, either by drawing up a new written document setting out the terms of the tenancy or by amending the existing written tenancy agreement.

An oral agreement can also be varied, and usually the variation will be oral too. In the case of a dispute, evidence of the variation can be provided if there were witnesses to the new agreement or simply by both parties acting on the variation, for example, by paying and accepting a new rent.
Problems

Did you like this? Share it:

Getting a Tenancy Agreement

As these posts are designed to help our prospective landlords in the Liverpool area. We thought this post would be applicable if you have a house to let Liverpool city centre, or you’re looking for a house for rent Liverpool.

It’s important to seek professional property management advice on all legal issues.

What type of tenancy will I have?

The type of tenancy you have depends to a large degree on when it was taken out. If you are a tenant and you are unsure what type of tenancy you have, check your tenancy agreement. If you don’t have one, ask your landlord for a copy of it. Here are some guidelines:

It started before 15 January 1989: it is likely to be a regulated (or protected) tenancy.

It started on or after 28 February 1997: it is an assured shorthold tenancy, unless the landlord has said in writing that it is an assured tenancy. The tenancy may start either with a fixed period or as a ‘periodic’ tenancy which runs from week to week or from month to month (depending on when rent is paid). Either way, the tenant has the right to stay for at least six months.

It started on or after 15 January 1989 and 27 February 1997: it will be an assured shorthold tenancy if the landlord made this clear on a special legal form at the beginning. Otherwise it will be an assured tenancy. The tenancy must have had an initial fixed term of at least six months.

Did you like this? Share it:

Tips For Reluctant Landlords Part 2

5 More tips for the reluctant landlords.

You’ll find this information very useful if you have properties to let in Liverpool

6 Find your tenants

Work out to whom your property is likely to appeal and market it accordingly in Loot and on gumtree.com

7 Check who they really are

Check your tenant’s name, address, employment and credit history. The National Landlords Association runs a cheap service – £6 for members for a basic check and £20 for a thorough one, rising to £10 and £25 for non-members

8 Set up a shorthold tenancy

A shorthold tenancy agreement means that you can regain possession of your property after six months, provided that you give two months’ notice. Standard forms are available from law stationers and larger branches of WH Smith. Make sure you include an inventory, which must be signed by you and the tenant.

9 Take a hefty deposit

Take a deposit worth six weeks’ rent and sign up with a compulsory protection scheme. This must be completed, and the tenant notified, within 14 days of receipt of the money. An insurance-based scheme, Tenancy Deposit Solutions (mydeposits.co.uk) allows you to hold the money yourself and thus benefit from interest. Another insurance scheme, thedisputeservice.co.uk, is aimed primarily at letting agents. The Deposit Protection Service (depositprotection.com), is a custodial scheme, where a deposit must be handed over to a third party.

10 And finally: be a good landlord

Fix things promptly. If you’ve ever been a tenant you will know how annoying it is when the heating breaks down in winter and the landlord won’t return your calls. Save money each month for maintenance. Alternatively, if you have a property to let Liverpool, then try Bluerow lettings.

Case study

Martin Wardle, 32, from Gateshead, became a landlord in January when he could not sell his three-bedroom detached house and could not afford to drop the asking price. He is now letting the house to a family of four for £650 a month, which covers the mortgage but nothing else. ‘The most challenging aspect is that there is so much regulation, which the National Landlords Association has advised me on. It is also a drain on time. Although I haven’t had many problems with the tenants, you do have to be on call.’

Did you like this? Share it: