Landlords FAQ's

Regardless of whether you are letting your own home short term, or have a portfolio of properties it can be quite a daunting business letting a property. Here at Duncan Perry Estate Agents we like to think that we can make the process as easy as possible for you. We have listed below a selection of the questions we get asked the most but please call or email us if you have your own question(s) that you would like answered.

Do I have to inform anybody if I wish to let out my property?

Yes. You will need to inform your mortgage lender and freeholder (if you are a leaseholder or management company) and obtain their consent. They may impose special conditions which you will need to inform us of. Keep any written consents safe along with any other documents relating to the property. You will also need to inform your insurance company and the Inland Revenue.

How do I know if I am getting a good tenant?

We carry out a number of checks on all our applicants including identity and residency checks. We also obtain a credit reference and references from current employer and the existing landlord if applicable. For non-UK applicants we have access to international referencing facilities, which cover many countries.

How can I improve the chances of letting my property?

Ensure the property is clean and recently decorated in light neutral tones. Carpets/flooring and curtains or blinds of a decent standard should always be provided. Think about whether you would want to live there or not.

What's the Inventory?

An Inventory is the landlords record of the condition of the property and contents at the outset of the tenancy. A correct inventory makes it far easier to justify any deductions for damage from the tenants deposit at the end of the tenancy.

How much rent should I charge?

This can vary considerably between properties even in the same area as you need to take into account the size, decor and furnishings if the property is to be let furnished. Our staff will assess the type of tenant most suitable for your property and the potential rental value. We will then agree with you the terms on which the property will be marketed, including any restrictions.

Will my property meet the legal standards required?

Fire Regulations require that furnishings should be fire resistant and gas and electrical regulations must be complied with. These are sensible rules however which should not cause too many problems for the landlord.

Where a property is to be rented to sharers or students, the Landlord is required to ensure that it meets the HMO (House of Multiple Occupation) requirements of the relevant local authority.

Do I have to pay income tax on rental income?

It is the responsibility of the Landlord to meet any tax obligations by advising HM Revenue & Customs of the income received on the rental property. Where a Landlord lives outside the UK, the Landlord would need to apply to HM Revenue & Customs for the rental income to be paid without tax deduction.

Do I need and Energy Performance Certificate (EPC)?

Yes. All properties with a new tenancy since 1st October 2008 in England and Wales must have an EPC. If you take advantage of our Property Management service we will arrange this for you.

What happens about a deposit?

We collect a deposit from the tenant before the tenancy agreement is signed. This is registered with a recognised tenancy deposit scheme.

Who is responsible for the council tax on the property?

The tenant is responsible for council tax during the tenancy period; however when the property is vacant the landlord is responsible for paying the council tax.

How long is the lease for?

The minimum lease period is normally for 6 months under an assured shorthold tenancy agreement at which point there is the option to extend. This type of lease gives you, the landlord the best type of protection. Should you need your property back for any reason, the earliest occupancy could be returned would be the end of the lease term.

Who will conduct the viewings?

A member of our staff with accompany all viewings during our opening hours. There may be some instances where you may choose to be present, but generally there will be no need. Prospective tenants usually feel more relaxed if we conduct the viewings on our own.

Our Branches

Brookmans Park

79 Bradmore Green
Brookmans Park
Hertfordshire AL9 7QT
Tel: 01707 664549
Fax: 01707 663124

Potters Bar

48 The Broadway
Potters Bar
Hertfordshire EN6 2HW
Tel: 01707 655466

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