LANDLORDS’ RESPONSIBILITIES For standard fee information click here
· to notify SeaSide Properties Ltd immediately of any change in the Details
· to insure the Property & its contents, to notify the insurance company that the Property is let and inform SeaSide Properties Ltd if there are restrictions on types of tenant(s)
· to obtain the consent of the mortgagee &/or Freeholder of the letting
· to provide an emergency contact telephone number to SeaSide Properties Ltd or to the tenants if using the Letting & Rent collection service
· to give prompt instructions to SeaSide Properties Ltd when requested to do so
· to ratify whatsoever SeaSide Properties Ltd shall lawfully do in relation to the Property & to indemnify SeaSide Properties Ltd in respect of all expenses incurred by them at their absolute discretion up to the Repair Limit and without limit if SeaSide Properties Ltd has acted in good faith
· to pay the Fees
· to notify SeaSide Properties Ltd, without delay & in writing if the Landlord instructs another Letting Agent to let · the Property and/or an Estate Agent to sell the Property
· to keep the Property in good & tenantable repair
REMITTANCE OF RENT
Rent will be remitted monthly to your Bank, in accordance with your instructions, normally by the 10th of the month to arrive in your bank account two/three working days later. Please ensure that your account can, if for any reason the remittance is late, withstand the loss of income. We cannot take the responsibility for ensuring rent payment arrives in your account on any specific date.
SAFETY REGULATIONS
Landlords have a duty to ensure that they comply with the relevant legislation pertaining to rented property. In particular Landlords must ensure that their properties comply with:
THE GAS SAFETY (INSTALLATIONS AND USE) REGULATIONS 1994 (as amended)
All gas appliances, including installation and pipework, in the property must be inspected for safety by a CORGI registered engineer and a satisfactory Landlord’s Gas Safety Record obtained prior to Tenant occupation of the property concerned, and then subsequently renewed annually.
THE ELECTRICAL EQUIPMENT (SAFETY) REGULATIONS 1994 (as amended)
All mains electrical equipment must be checked for safety by a qualified electrician.
THE FIRE AND FURNISHING (FIRE) (SAFETY) REGULATIONS 1988 (as amended)
All furniture supplied in rented accommodation including beds, cots, cushions, pillows and other soft furnishings must comply with the regulations. Compliant furniture will have specific labels, therefore non compliant furniture must be removed. There are special provisions for furniture made before 1950 so antique furniture may be exempt.
SMOKE ALARMS
The Building Regulations require that all properties built since 1992 must have mains operated smoke alarms fitted. We recommend that all rented properties be fitted with smoke alarms.
OBLIGATIONS
CONSENT OF MORTGAGEE/FREEHOLDER
The Mortgagee and Freeholder (as applicable) must be informed in writing prior to the property being let and any requirements or restrictions complied with.
INSURANCE
Buildings Insurance is required to cover the fabric of the building and Contents Insurance is required for property owned by the Landlord. The Tenants will need their own Contents Insurance for their property.
INLAND REVENUE - NON RESIDENT LANDLORDS
Non resident Landlords, or Landlords expecting to be non resident in the future, must obtain an Inland Revenue FICO (Financial Intermediaries and Claims Office) approval number to receive rental income with no tax deducted. We regret we are unable to pay rent to an overseas landlord without this approval number.
MISCELLANEOUS
TAX
Tax returns are the responsibility of the Landlord
STATEMENTS OF RENTAL INCOME
Statements of rental income & expenditure are sent to Landlords monthly. Please keep these carefully for tax returns. We make a £10-00 per copy charge for lost or repeat statements & a £25-00 charge for an annual statement
NON RESIDENT LANDLORDS
SeaSide Properties Ltd will not act for non-resident Landlords unless they can provide an approval number from the Inland Revenue to receive rental income with no tax deducted. If it becomes apparent that such approval should have been supplied to us no further rent will be accepted by us as Agent or remitted to the Landlord until the approval number has been received.
SALE TO TENANT
Where a tenant purchases the Property he has rented within six months of the termination of the tenancy a fee equivalent to 1.5% of the price will become payable to SeaSide Properties Ltd.
EMPTY PROPERTIES
SeaSide Properties Ltd shall have no liability for the Property when it is unlet.
CHANGING OF LOCKS
For security purposes the Yale lock (or similar) may be changed at the termination of each tenancy at the Landlord’s expense.
TENANTS DEPOSITS
SeaSide Properties Ltd to hold the tenant’s deposit as Agents for the Landlord but shall not be obliged to account to the Landlord for interest on it.
FIRE & FURNISHINGS
The Landlord shall ensure that all the furniture provided to tenants shall comply with the Fire & Furnishings (Fire)(Safety) Regulations 1988 as amended and shall indemnify SeaSide Properties Ltd in respect of any injury, loss or damage caused by any of the Landlord’s furniture that does not comply with the Regulations.
GAS SAFETY REGULATIONS
The Landlord shall ensure that all gas installations comply with the Gas Safety (Installation & Use) Regulations 1994 & shall indemnify SeaSide Properties Ltd in respect on any injury, loss or damage caused by any of the Landlord’s gas installations that do not comply with the Regulations.
GAS SAFETY CERTIFICATE
The Landlord’s Gas Safety Record must be obtained prior to the property being let. SeaSide Properties Ltd will instruct a contractor, at the Landlord’s expense, if the Record has not been obtained from the Landlord and annually thereafter if the Landlord does not provide the renewal Record.
ADVERTISING BOARDS
SeaSide Properties Ltd shall be permitted to erect advertising boards outside the Property unless advised in writing by the Landlord.
DISPUTES
The Landlord further agrees that SeaSide Properties Ltd shall act as arbitrator between the Landlord & the Tenant in respect of any dispute as to breach the terms of the tenancy relating to the state & condition of the Property and to abide by SeaSide Properties Ltd’s decision.
RENT & LEGAL PROTECTION INSURANCE
SeaSide Properties Ltd will not be responsible for instigating any legal proceedings to recover rent or dilapidations or repossess a property. Landlords may take out rent and legal protection insurance if required.
REPAIR LIMIT
£100-00 for any one repair.