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Landlords - Know Your Legal Requirements
Do you know your legal requirements before letting your property? The legal and safety matters must be taken seriously. Landlords, and their agents, must comply. We at Belvoir have the knowledge and the systems to assist our landlords by assessing for them the necessary requirements and by removing from them the burden of arranging, tracking, managing and record keeping of all these tasks. Here are a few examples.
Deposit Holding Schemes In April 2013, the Government introduced a law which requires all deposits arising from new tenancy agreements to be held in a way that better protects tenants in the event of a dispute at the end of the tenancy. It is important that Landlords adhere to the new changes in order to comply with their legal obligations. At Belvoir Lisburn, we are fully trained on the new legislation and can advise on exactly what is required.
EPCs Energy Performance Certificates are now applicable to all let properties. EPCs are required for all new tenancy agreements - It is the Landlord’s responsibility to commission EPCs. Why not let Belvoir manage this for you?
NALS accreditation Belvoir Lisburn is a firm accredited by The National Approved Letting Scheme (NALS) - A Government backed accreditation scheme which offers peace of mind to Landlords & Tenants through the knowledge that the firm they are dealing with offers clearly defined levels of service. NALS ensures that agents comply with defined service standards & have in place certain procedures and protocols. for example:
- Customer complaints procedure underpinned by an arbitration scheme
- Professional Indemnity Insurance
- Access to the Tenancy Deposit Scheme
- Ongoing work to ensure that certain service standards are met, e.g. safety of tenants
- insurance legal requirements
- Preparation of legal documents where applicable.
The above list is only part of the NALS expectations for an approved letting agent - if you want to know more, please feel free to call in to discuss further or visit the NALS website. www.nalscheme.co.uk
If you want to know more, please contact us.
Visit us at 48 Bow Street, Lisburn, BT28 1BN