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THE LANDLORD CHECKLIST

What to look out for when becoming a landlord

 

Select hotspots for more info

Important:
Electrical checks -

The Landlord and Tenant Act 1985 requires that the electric installations in a rented property are safe when the tenancy begins and maintained in a safe condition throughout the tenancy. Properties categorised as a HMO must have a fixed electrical inspection carried out every five years and a certificate held on file.

Important:
Gas safety checks -

To meet current regulations, the landlord and their managing agents should ensure that all gas installations, pipe work, gas appliances and flue systems in tenanted properties are maintained in a safe condition. This includes a full annual inspection from a qualified and Gas Safe registered gas engineer to perform and certify any repairs or testing on any gas appliance and/or system. You are required to keep the records for at least the last two years.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  • Landlord
  • Tenant
 
Kitchen
 
Living Room
 
Utility Room
 
Bathroom
 
Bedroom
 
Outside Features
 
 
 
 
 
 
 
 

Selecting a Lettings Agency

As a first time landlord, you’ll want to ensure that the lettings agency you choose is right for you. We recommend following these steps to ensure you make the best decision for your property.

  • Consider whether you want the agency to manage your property or only find you a tenant
  • Choose a lettings agency that is a member of the National Approved Letting Scheme or one of their three professional bodies
  • Ask if the agency is registered with the Property Ombudsman
  • Check that the lettings agency has professional indemnity insurance
  • Decide whether you want the agency to deal with tenancy deposit protection
  • Make sure you fully understand the tenancy management contract, including all clauses, fees and charges
  • Ensure that the lettings agency is responsible for carrying out gas and electrical safety checks in the property
  • Ask if the agency arranges repairs and maintenance to the property or if the responsibility lies with you, as the landlord
  • Ask if the lettings agency will make sure that the furniture and fittings in your property meet all HMO regulations and licensing
  • By following these steps, you will ensure that your experience of using a lettings agency will be a positive one. It’s particularly important to understand exactly what your contract covers and to raise any concerns with the agency before you sign it.
Find out more about how Leaders can help you.
 

Safety Check Lists

As a landlord, it’s your responsibility to ensure that safety checks are carried out on your property regularly. You may have arranged for these checks to be carried out by your letting agent, but if not, it’s up to you as a landlord to ensure they’re completed.

Here is our safety checklist for landlords:

Gas Safety Checks

  • Has gas equipment in the property been installed properly and safely by a gas safe registered engineer?
  • Have you arranged for a registered gas engineer to do an annual gas survey on each appliance and flue in the property?
  • Do you have a document, showing that a gas safety check has been completed in the last 12 months?

Electrical Safety Checks

  • Have you ensured the electrical system is safe, i.e. light fittings and sockets?
  • Have all electrical appliances in the property been tested and deemed safe, e.g. kettles and cookers?
  • Fire Safety Checks
  • Does your property follow fire safety regulations, such as having access to escape routes?
  • Is the furniture in the property fire resistant?
  • Does the property have fire alarms, carbon monoxide alarms and fire extinguishers installed?

By ticking off this safety checklist, you’ll ensure that you have all relevant safety measures in place to let your property. Although a letting agency may take care of some of these things for you, ensuring everything is safe in the property is your responsibility as a landlord.

Find out more about how we can help you profit from property, what is needed to become a landlord, how to avoid common mistakes and how Leaders can help.
 

Four Levels of Leaders Service

At Leaders, we understand that every landlord has different needs, and for this reason, we’ve created four levels of service to ensure that our landlords receive the assistance they need.

Tenant Find

Designed for landlords who are already familiar with lettings and tenancy law, this service is for people who don’t need comprehensive assistance and keep up to date with new legislation on their own accord. As part of this service, we market your property, handle property viewings and carry out tenant referencing to ensure your tenants are suitable.

Rent Collection Service

This service offers everything that the Introduction Service does, but with the added service of rent collection. At Leaders, we know how difficult it can be for landlords to chase late payments, so we ensure that payments are received direct to your bank via BACS transfer.

Fully Managed Service

For those who require us to manage every aspect of their property rental, our Fully Managed Service is available, encompassing every element of our Introduction and Rent Collection Service to take the hassle out of renting your property.

Premier Rent Guarantee Service

A popular choice amongst our landlords, this service is available with either our Rent Collection or Fully Managed service, and provides complete peace of mind with an added guarantee that covers rental income arrears, legal expenses relating to possession of your property and alternative accommodation expenses.

Whatever level of service you need, Leaders can help. We pride ourselves on being flexible and customer-focused so if you have any questions, don’t hesitate to get in touch.

Find out more about landlord service levels through Leaders.
 

Landlord Insurance

Did you know that your standard home insurance policy doesn’t cover tenanted policies? It’s therefore important to have specialist landlord insurance, to protect you against damage or loss.

For most people, their property is the most expensive asset they own, so it’s vital to ensure that you have adequate cover should any issues arise.

A landlord insurance policy will cover you for every eventuality and unlike standard home insurance policies, provides you with cover for any period of time when the tenants are away.

At Leaders, we’ve teamed up with Hepburns Insurance to create a comprehensive insurance policy that offers landlords all the protection that they need to let their property.

Our policy is available exclusively to Leaders’ landlords and comes with several features that you don’t typically find in standard home insurance policies. For example, our policy protects against malicious damage, loss of rent and public liability claims.

Find out more about specialist landlord insurance for your property.

 

Tenant Deposit Scheme

The Tenancy Deposit Protection Scheme rules that landlords need to put any tenancy deposits they receive into a government approved scheme. We’ve put together a shortlist of what you, as a landlord, need to know about deposits and the legislative implications.

  • The Tenancy Deposit Scheme was introduced on 6th April 2007
  • The TDS ensures tenants comply with the terms of their lease, including paying rent and bills and maintaining the property throughout their tenancy
  • The scheme provides a free resolution dispute service to ensure that any disputes are settled fairly
  • After receiving a deposit, landlords need to register the payment with the TDS within 30 days and provide the tenants with details of the organisation they have used
  • Landlords need to document the circumstances under which a deposit will not be returned

At leaders, we have significant experience of this scheme and we can carry out every step in the process, ensuring that your letting adheres to the legal requirements.

We undertake inventory checks including colour photographs of all properties, which reduces the likelihood of disputes. We take the stress out of letting your property and ensure that your details will be kept confidential under the Housing Act 2004.

Find out more about the Tenancy Deposit Protection Scheme.
Get the most from your property, become a Leaders landlord today.