Property Industry Articles and News
Landlord and tenant industry related articles and news
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How to assess damages at the end of a tenancy and a formula to help calculate potential costs.
Why is an independently compiled inventory and schedule of condition report preferred?
Source: AIIC
What is considered as fair wear and tear?
In this article, you are given an overview of what The AIIC ( Association of Independent Inventory Clerks) considers as standard fair wear and tear. These guidelines are followed by most inventory companies and independent inventory clerks.
Source: Gov UK
Decent homes standard - A fairer private rented sector
The Department of Levelling up, Housing and Communities has published the government’s long-term vision for a private rented sector (PRS) that is fit for the 21st century and delivers a better deal for tenants.
Source: Gov UK
Smoke and Carbon Monoxide Alarm (Amendment) Regulation 2022
The UK Government has updated the Smoke and Carbon Monoxide alarm Regulations in the private rented sector. New regulations came into force on the 1st October 2022
Source: Gov UK
What is the tenancy deposit scheme?
As of April 2007, all landlords and letting agents in England and Wales must ensure that the assured shorthold tenancy deposit has been put into one of the government approved deposit schemes. The landlord has 30 days to provide the tenant with all relevant information and proof, that the deposit has been secured in a scheme.
Source: Shelter England
Right to rent checks
Before any tenancy can start in England, certain checks about the prospective tenant need to be carried out by either the landlord or the letting agency, who is acting on behalf of the landlord. There are however some exceptions, which can be found via the below link
Source: Gov UK & Shelter England
The landlord`s safety and repairs responsibilities
The landlord, whether your property is privately rented, council owned or rented through housing associations, is responsible for most repairs and all safety aspects - which includes electric, fire and gas checks . It is advised to check your contract for extra responsibilities.