E-mail: info@stewartpropertyservices.co.uk

Phone: 01224 582 830

Landlords

In this section you will find general information relating to the letting of your property. Stewart Property Services offers a wide range of services.

To assist you in deciding which service would be most beneficial to your circumstance this section of our website will hopefully answer some of the questions and anticipated queries you may have before you start. More importantly, it informs you of your obligations, statutory or otherwise as “landlord”, that you must be aware of and have to comply with.

Stewart Property Services aim is to offer a comprehensive and efficient range of services to safeguard your property in the best possible manner. Whether you are going abroad to work and want to retain your home or wish to invest in the property market. We ensure that your property will be well maintained and that your investment is secure at all times.

Information

Stewart Property Services aim is to offer a comprehensive and efficient range of services to safeguard your property in the best possible manner. Whether you are going abroad to work and want to retain your home or wish to invest in the property market. We ensure that your property will be well maintained and that your investment is secure at all times. However before becoming a landlord there are a couple of things you need to consider these are as follows:

Landlords Registration
Since March 2006 anyone who intends to rent out their property must first register with local authority to become a landlord. More information can be found on the Aberdeen Council website www.aberdeencity.gov.uk or www.landlordregistrationscotland.gov.uk

Mortgage Lenders Consent and Insurance
You must notify your mortgage lender that you are intending on leasing out your property and receive writing consent from them before proceeding. As a landlord you must maintain Building and Contents Insurance specifically for a rented property opposed to a standard residential policy.

Energy Performance Certificate
Since January 2009 it is a legal requirement that all landlords have an Energy Performance Certificate carried out on their property before it is advertised for renting, this is to allow prospective tenants to see how energy efficient the property is.

Income Tax and NRL1 Forms
Income gained by letting a property is normally taxable. Given the provision of “Self Assessment” It will be the landlord’s liability to complete tax returns.
If you are going to be overseas then we will require you to complete an NRL1 form. For more information please contact www.hmrc.gov.uk

HMO Licence
Houses in Multiple Occupation (HMO’s) were introduced by the Scottish Executive in October 2000. A licence is required for every flat or house where there are 3 or more people living there who are not the member of the same family. If you require a licence then you must apply to the Council who will inspect your property and inform you of any improvements that are necessary in order to bring the property up to standard.

Gas Safety Certificate
If your property has gas then you are require by law to have a gas safety certificate carried this must be completed on a yearly basis.

Electrical requirements
Under the new requirement landlords will have to have fixed wiring (Electrical Installation Condition Report or EICR) checks carried out at least every five years. The EICR report must include an appliance check report (a Portable Appliance Test or PAT). PAT checks are required on appliances provided by the landlord, but not those belonging to the tenant. Also interlinked smoke and heat detection system. For more information follow link: http://www.prhpscotland.gov.uk/prhp/137.26.33.html Furniture safety regulations
It is an obligation on all landlords of leased accommodation to ensure that all furniture including beds, mattresses, settees, pillows, chairs, scatter cushions and beanbags etc. (but not carpets or curtains) meet the current fire resistance requirement. Failure to meet these obligations may result in substantial fines or even imprisonment.

Reparing standards
Landlords must ensure that the house meets the Repairing Standard at the start of the tenancy. This means that you (or someone authorised by you) has to inspect the house before the tenancy starts and tell the tenant if any work has to be done, as well as carrying out the work. It would be best practice to carry out the inspection in time to deal with any necessary repairs before the tenancy begins. For more information on Repairing Standards please follow this link: http://www.prhpscotland.gov.uk/prhp/137.26.33.html

Services we offer

FINDERS FEE
An inspection of the property will be carried out, you will be advised on the recommended rental per calendar month, you will also receive a verbal brief of the market at that time and be advised of responsibilities with regard to Gas Safety Certificates and Furniture compliance.
Inclusion of property details in our list updated weekly, advertising of property on company website and advertising property in our office window displays.
Viewings are arranged through our office and carried out by the Property Manager in a timely and professional manner.

Prospective tenants are interviewed and terms and conditions of lease discussed and agreed. Written references are taken from two sources and may include: bank, employer, company, character or previous landlord.
An Independent Inventory will be carried out on property listing all fixtures, fittings and general decoration. (This is a half shared cost between the landlord and tenant)
Formulating and preparing Lease Agreement and Statutory Notices.
Collection of first months rent and security deposit.
The property is then handed back to the Landlord for the entirety of the lease.

FULL FACTORING SERVICE
An inspection of the property will be carried out, you will be advised on the recommended rental per calendar month, you will also receive a verbal brief of the market at that time and be advised of responsibilities with regard to Gas Safety Certificates and Furniture compliance.
Inclusion of property details in our list updated weekly, advertising of property on company website and advertising property in our office window displays.
Viewings are arranged through our office and carried out by the Property Manager in a timely and professional manner.
Prospective tenants are interviewed and terms and conditions of lease discussed and agreed. Written references are taken from two sources and may include: bank, employer, company, character or previous landlord.
An Independent Inventory will be carried out on property listing all fixtures, fittings and general decoration. (This is a half shared cost between the landlord and tenant)
Formulating and preparing Lease Agreement and Statutory Notices.
Arranging for the landlords gas, electricity and council tax accounts to be read and closed on the commencement of the tenancy and notifying the relevant authorities of the new occupant.
Formal inspections of property are arranged on a quarterly basis with written reports prepared and copied for both tenant and landlord
Reporting to and attending to all repairs or problems arising throughout the tenancy, quickly and efficiently, subject always to specific instructions from the landlord. We have our own team of plumbers, electrician and joiners so no time is wasted on finding a tradesman.
Review Gas Safety Checks on a yearly basis
Collection of rent, deducting commissions and any outlays on a monthly basis. On request, landlord can receive a monthly statement; otherwise we send one automatically at the end of every tenancy.
On termination of tenancy we will arrange final inspection and readings, report to landlord and tenant and seeing that all other matters are finalised that the property is fit for re-let or otherwise.
If property is handed back in good condition and the entire inventory is in place the tenant will receive their deposit in full, if however there are items missing, or malicious damage the cost of replacing/repairing will be taken off the deposit. Please be aware we do allow a certain amount for fair wear and tear.

MAINTENANCE SERVICE
You must notify your mortgage lender that you are intending on leasing out your property and receive writing consent from them before proceeding. As a landlord you must maintain Building and Contents Insurance specifically for a rented property opposed to a standard residential policy.

Energy Performance Certificate
We are fortunate to have our own in house maintenance team who are able to deal with all of our repairs that may arise throughout a tenancy.