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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Nearly Half of Tenants are Problematic - Cause £210 Damage each

18th Jun 2018

Recent research claims that 40% of tenants are causing problems for their agents or landlords when leaving at the end of their tenancy, causing an average £210's worth of maintenance and repair costs.

damaged goods in property
www.canstockphoto.com

An interior company surveyed 2,302 landlords who were 18 years old or more who let out at least one property for renting to tenants.

The first question they were asked was how they felt about renting out their property, with an overall majority of 62% replying it made good sense to them as the monthly rent fully covered their mortgage payments and in most cases more.

25% who took part did admit to feeling nervous about renting out their property as having little control over how the tenants would look after their home. However more than one in ten, (13%) adamantly stating that they wished they had never let out their property in the first place.

The respondents were also asked whether they had encountered any problems with their tenants and 40% said they had or were having issues.

The main issues were:

•    58% said tenants were constantly in contact with them about minor issues and when investigated, some were in fact found to be made up.

•    41% said that tenants had taken it upon themselves to make changes to the property without first seeking permission.

•    26% had complaints from their tenant's neighbours about their anti social behaviour.

•    23% had their tenants damaging their property with the landlords expected to incur the repair costs themselves.

•    18% had experienced late rent payments.

Those landlords, who stated that their tenants had contacted them on minor or imaginary issues, were asked on average how many times a month had this occurred, and it turned out to be four times.

The last question involved the costs incurred by the landlords for repairs, cleaning and general maintenance upon a tenant leaving their property, and on average it was £210.


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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/