Terms and Conditions of Business
Tenancy Agreement - We will prepare a comprehensive tenancy agreement in accordance with English Law to protect the landlord’s interest. Our standard tenancy agreement is an Assured Shorthold Tenancy, which is for a minimum term of 6 months renewable thereafter by mutual agreement.
Landlord’s must always remember that Notice to Terminate must be given to the tenant two clear months before the end of the term. The cost of drafting this agreement is included in our letting fee. Renewals are charged at £25.
Landlords Protection Insurance – We can offer insurance to protect the landlords against a range of risks including buildings, contents, landlords liability, rent guarantee, legal expenses and emergency assistance. Full details are available on request.
Tenants Breaches – In the event that it becomes necessary to take legal action against a tenant if your property is fully managed by Key Property will service the appropriate notices and make the application the the Courts, you will be responsible for all fees relating to the Court process. If we are required to attend court hearing on your behalf there will be a charge of £100 per day.
Landlords Obligations
Gas Safety Regulations – The Gas Safety (Installation and Use) Regulations 1998 are to ensure the safety of all gas appliances in let properties and must, before a property is let and annually thereafter, have all gas appliances checked by a Gas Safe registered engineer and keep records detailing any work done. The landlord must keep these records to be available on request by any tenant. The landlord hereby agrees to undertake responsibility for these safety checks and keep records in accordance with The Gas Safety Regulations 1998. Non compliance with this legislation could lead to CRIMINAL PROCEEDINGS against the landlord and managing agent.
Furniture & Furnishings – All furniture that the landlord provides must comply with the Fire and Furnishes 1998 (emended 1993), which covers all upholstered furniture and furnishings. The landlord hereby warrants that all furniture and furnishings in the property to be let fully comply with the Fire and Furnishings Regulations 1998 (amended 1993).
EPC (Energy Performace Certificate) All rented property must be able to produce a current EPC following 1st October 2008, this must be available to a prospective tenant, upon viewing your property, we can therefore arrange an assessment if you currently do not hold an EPC.
- Indemnity – The landlord undertakes to ratify whatsoever the agents shall lawfully and reasonably do by virtue of this agreement and to indemnify them against all costs and expenses properly incurred by them in carrying out their duties and all other actions and acts pursuant hereto including legal expenses.