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Are You Ignoring These Essential Landlord Issues?

Being a landlord is a challenging task, and there is a lot of work involved. You also have a lot of regulations to consider, and make sure you comply with.

We know some of the issues that landlords must comply with are difficult, but this doesn’t mean they can be overlooked or ignored.
At Just Lets Peterborough, we are on hand to assist you with all the tasks you face when letting property, including the more challenging elements of being a landlord.
To ensure you are up to date with the tasks required to be undertaken by a landlord, please download our guide, and feel free to contact us.

 

Should Landlords Be Alarmed?

As a landlord, you must comply with a wide range of regulations. You must provide your tenant with a safe and secure environment, and there is a lot of work involved with this.

Most landlords agree that alarms are a good thing, and these should be in good working order. When you have smoke alarms and carbon monoxide alarms (if applicable), you feel more confident about the rental property, and the well-being of the tenants.

There is clear guidance for landlords that these alarms must be tested on the first day of the tenancy.

When should the check be carried out?

However, there are proposals to remove the timing of this check, and there are calls for agents and landlords to be able to check their alarms before the tenancy begins, but not necessarily on the day the tenancy begins.

Propertymark have carried out consultation on extending the Smoke and Carbon Monoxide regulations in England.

The consultation process ran for eight weeks. The consultation focused on “amendments to the Smoke and Carbon Monoxide Alarm (England) Regulations 2015 to require private and social landlords to install a carbon monoxide alarm in any room used as living accommodation where a fixed combustion appliance is used, excluding gas cookers.”

A written response to the consultation has been submitted while Propertymark has met with officials of the Ministry of Housing, Communities and Local Government. During this meeting, member concerns were outlined.

The four major demands made by Propertymark to the Government are as follows:

  • Allowing agents to test alarms before the start of a new tenancy would provide some leeway for those landlords that have multiple properties and agents who can be managing multiple check-ins on the same day.
  • In relation to appliances and fuel type, it is important that rules are aligned with the Gas Safety (Installation and Use) Regulations 1998 where landlords must arrange an annual gas safety check on every gas appliance and flue by a registered Gas Safe engineer.
  • A proper lead-in time is needed for any changes to regulations because greater flexibility on the time frame for implementing legislation ensures that the sector is less likely to fall foul of the regulations as landlords and letting agents will have a realistic period of time to both be informed of regulations and also to ensure they are able to comply.
  • The government must not underestimate the ongoing impact of the Coronavirus pandemic and continued difficulty for the private rented sector to comply with new and existing legislation. This includes tenants who are self-isolating and access to property to carry out checks, maintenance work, or renovation. Collectively, these are adding additional obstacles for compliance.

If you are a landlord in or around Peterborough, and you need assistance in managing your rental property, we can help. We know these are challenging times for landlords, but there is a demand for rental property. When you need guidance in the local market, contact Just Lets Peterborough today, and we will be happy to help you.

You can find Just Lets Peterborough at 142 Oundle Road, Peterborough, Cambridgeshire, PE2 9PJ. Feel free to email us at peterborough@justlets.com or call us today on 01733 346255.

Tenant Disputes And Dealing With Them

These are tough times for everyone, and disputes are likely to occur. However, there will always be disputes between landlords and tenants.

At Just Lets, we aim to help you manage these disputes, and hopefully minimise the disruption at your rental property.

The headline figures, according to recent data provided by The Dispute Services, TDS, are as follows:

  • The private rented sector (PRS) remains larger than the social rented sector in England, while smaller in Wales.
  • The number of private rented homes has risen in England from 2.13 million in 2001 to 4.8 million in 2018 and in Wales from 90,000 to 204,000.
  • The value of tenancy deposits has increased year on year from £885,098,501 in March 2008 to a total of £4,307,902,071 in March 2020.
  • The value of the average deposit has increased from £880 in March 2010 to £1,040 [a drop from £1,108 in the previous year] in March 2020.
  • There has been an increase in protected tenancy deposits with 924,181 protected in March 2008 to 4,141,467 protected in March 2020.

Dispute numbers have risen in recent times

  • Adjudications completed by all tenancy deposit schemes has risen from 458 in 2008 to 34,993 in 2020.
  • Since 2013, the percentage of total deposits protected resulting in a dispute, across all tenancy deposit protection schemes, has remained low, ranging between 0.82% and 0.92%.
  • Currently the rate sits at 0.84%.

Reasons for disputes in England and Wales

  • Of the cases submitted to TDS Insured in 2019-20, cleaning appeared as a reason in 42% of cases, with damage arising in 41%.
  • 74% of disputes raised with TDS Insured were raised by tenants in 2019-20, with 19% raised by the agent and 7% raised by the landlord.

Reasons for tenancy deposit disputes in TDS Insured in 2019/20

  • Cleaning 42%
  • Damage 41%
  • Redecoration 39%
  • Gardening 23%
  • Rent arrears 14%

This information should be of benefit to landlords and tenants. Tenants should be looking to reclaim all or most of their deposit, so it makes sense to focus on the problems that often lead to disputes. This should see tenants cleaning the rental property on a regular basis.

There is also a lot to be said for landlords encouraging tenants to maintain clean standards in the rental property. Regular visits are a common tip, but some landlords have achieved great success by buying cleaning products for the tenant.

If you consider this as an investment, it will often pay off in less time and money wasted, making the changeover period easier.

If you have to waste time cleaning property at the end of a tenancy, this will delay you from moving a new tenant in. Void periods cost landlords money, so you should look to minimise this time, and encouraging tenants to clean throughout the tenancy can deliver fantastic results.

If you are a landlord in or around Peterborough, and you need assistance in managing your rental property, we can help. We know these are challenging times for landlords, but there is a demand for rental property. When you need guidance in the local market, contact Just Lets Peterborough today, and we will be happy to help you.

You can find Just Lets Peterborough at 142 Oundle Road, Peterborough, Cambridgeshire, PE2 9PJ. Feel free to email us at peterborough@justlets.com or call us today on 01733 346255.