We outline on this page a basic, quick guide and overview for Landlords, to explain what is typically involved with letting a property. If you need any further information or advice, please don’t hesitate to contact us
Landlords
Landlords
We outline on this page a basic, quick guide and overview for Landlords, to explain what is typically involved with letting a property. If you need any further information or advice, please don’t hesitate to contact us
If you'd like one our specialist managers to conduct a valuation or review of your property
This includes;
Everything included in the Let Only service
The complete service includes (all the above) plus:
If the landlord has a mortgage, it is normal for mortgagees to require notification of any proposed lettings and the landlord should seek their initial consent. In the case of leasehold premises, the consent of the Head Lessee of Freeholder will be required. The landlord should also advise his insurance company of the proposal to let the property as this could either invalidate the insurance altogether or increase the premiums. You should obtain written documentation of these consents prior to letting.
The tenant will be responsible for the payment of gas, electricity, water, telephone, council tax and television licence. (Unless otherwise agreed and stated)
As the landlord you are still responsible for the payment of service charges and ground rent in leasehold properties and buildings insurance on Freehold properties.
Under the Taxation of income from Land (non-residents) Regulations 1995, the rent receiving agent (or where there is no agent, the tenant) will be required to deduct an amount equivalent to Basic Rate Tax from the rent (after taking deductible expenses paid by the agent into account) and pay the balance to the Inland Revenue each quarter.
However, the overseas landlord can apply to the Inland Revenue for exemption from this requirement. Provided the landlords tax history is good and tax affairs are up to date, the overseas landlord will be issued with a certificate that will be sent to his rent receiving agent. This will authorise the agent to pay the rent to you with no tax deducted.
We can provide you with an NRL1 form which you must complete and send to the Inland Revenue. Neither your rent receiving agent nor your tax advisor can file this application for you - it must be done by you.
Failure to return this form in time may result in the exemption certificate not being issued before the payments become due. We would have no alternative but to make the required tax deduction before paying the rents to you.
Our company are not tax advisers so if you are unsure as to how the above will affect you, you would be advised to speak to an accountant or professional tax advisor.
Any non-resident Landlord Tax payments deducted by us, in the first quarter can be refunded, if the exemption certificate is in our possession before the first quarter has ended. Any deductions after the first quarter can only be reclaimed after the first year has ended. Any refunds due after the first quarter are made by the Inland Revenue.
An assured periodic tenancy is a rolling tenancy agreement with no fixed end date. Rather than running for a set term — such as 6 or 12 months — it continues on a rolling basis, typically month to month, until either the tenant or the landlord brings it to an end.
Since the Renters' Rights Act 2025 came into force in May 2026, all private rented tenancies in England are now assured periodic tenancies by law. This applies to all new tenancies and to tenancies that were previously on a fixed term — these have automatically converted to the new rolling structure.
For landlords, ending a tenancy now requires one of the legal grounds set out in Section 8 of the Housing Act 1988, as amended by the Renters' Rights Act. Common grounds include significant rent arrears, the landlord wishing to sell the property, or the landlord or a close family member needing to move in.
Our staff have been trained and receive on-going training and practical experience on the various legal aspects of letting; including safety regulations and tenancy agreements which involves clauses and possession. They will be happy to discuss any questions you may have regarding more detailed legal matters.
The relationship between Landlord and Tenant can sometimes have its “ups” and “downs” and the need for a professional agent is paramount in closing any divide to allow for a smooth and enjoyable property experience for all parties concerned. Whether you are a Landlord or Tenant, you are best advised to conclude your property transaction via a reputable agent.
Tenancy law is now far better regulated than ever before with balanced rights for all parties. For example tenants holding deposit are now held in Approved Schemes and are returned at the end of the tenancy subject to the property being returned in the manner it was taken and subject to there being no outstanding bills relating to utilities etc. The lettings market has grown immensely due to the increasing buy to let market and with an increase to new build added to the marketplace the level of quality has improved greatly.
The letting out of a property naturally provides a landlord with numerous risks to consider before confirming a tenancy.
One of the main risks a landlord has to bear in mind is the potential rent default of the tenant. No matter how good a tenant comes across in person and / or from reference checks, you can never predict what hardship may lie ahead in the future. The question a landlord has to ask is “Can you cover your expenditure if this happened?”
Most landlords are currently asking themselves this same question, especially in the current economic climate where many tenants have to come to terms with rising unemployment and increasing bills. This, along with the recovery of any rent arrears and legal expenses, can be very difficult and costly for a landlord.
We aim to take some of the risk away by offering landlords the opportunity to take up a rent guarantee scheme for their property.
This rent guarantee will be offered to ALL landlords and can be used to cover ALL tenancy types – this includes not only normal professional lets, but also company lets and even sharer / student lets. Hopefully providing landlords with some much needed peace of mind!
