Landlord FAQs

At Belvoir Manchester North, we are dedicated to providing our landlords with the highest level of support and expertise. We recognise the challenges of being a landlord and understand the many questions you may have. With years of experience in the property market, we have compiled a list of the most frequently asked questions landlords pose to us.

What are my responsibilities as a landlord?

As a landlord in the UK, you have various responsibilities. You need to ensure the property is safe and free from health hazards, secure the tenant’s deposit in a government-approved scheme, provide an Energy Performance Certificate (EPC), conduct regular gas safety checks, to name just a few requirements. Regular maintenance and ensuring compliance with fire safety regulations are also crucial. If you have any concerns, please do get in touch with our knowledgeable and helpful team.

How do I set the right rental price?

Setting the right rental price is crucial for attracting potential tenants. We use comprehensive market research, consider local amenities, transport links, review the local market and the condition of your property to advise on a competitive and fair rental rate.

How can I ensure my property is always occupied?

A vacant property can be a financial burden. At Belvoir, we use advanced marketing techniques, including property portals, social media advertising, and our vast network to ensure maximum exposure for your property, reducing vacancy periods.

What checks should I carry out on potential tenants?

It’s crucial to know who’s renting your property. Comprehensive checks include identity verification, right to rent checks, credit checks, employment verification, and obtaining references from previous landlords and/or employers.

How do I handle tenancy deposits?

By law, you must place your tenant’s deposit in a government-approved protection scheme within 30 days of receiving it. We can guide you through this process, ensuring all legal obligations are met.

What happens if my tenant doesn't pay rent?

Rent arrears can be stressful. If a tenant fails to pay, it’s essential to communicate with them and understand the cause. In case of continued non-payment, there are legal measures that can be taken to regain possession of your property. We offer rent protection services to help safeguard your income and can assist you with opening communication channels and ultimately if all else fails, seeking possession of your property.

How often should I conduct property inspections?

Regular inspections, typically every six months, ensure your property remains in good condition and helps identify any potential issues early on. They also reassure tenants that you’re proactive about maintenance.

What is a fully managed letting service?

A fully managed letting service takes the stress out of being a landlord. At Belvoir Manchester North, our comprehensive package includes advertising your property, sourcing and vetting tenants, handling deposits, collecting rent, and managing any maintenance or issues that arise during the tenancy.

How do I end a tenancy?

Ending a tenancy must be done legally and fairly. We can guide you through the correct process and ensure all actions are compliant with the ever changing UK legislation.

Are there any tax implications I should be aware of?

Yes, rental income is taxable. However, landlords can also deduct allowable expenses before calculating the tax and that includes the cost of using a letting agent. We advise consulting a tax specialist to understand all your tax obligations and potential savings.

Here to support you

The world of lettings can be complex, but with the right partner by your side, it becomes a manageable and profitable enterprise. At Belvoir Manchester North, we pride ourselves on offering top-notch service tailored to your needs. From sourcing tenants to managing properties, we’re here for you every step of the way.

Ready to partner with the best? Let Belvoir Manchester North guide you through the maze of landlord responsibilities and opportunities. Contact us today to unlock the potential of your property portfolio!

*Please note that this page is intended for informational purposes only. It is always advised to seek legal counsel or professional guidance for specific issues related to property management and landlord responsibilities.

Arranage a free market appraisal

If you’re a landlord, looking to let or you’re just interested in how much your property might be worth, the best way to get an accurate and detailed understanding is through a free one-to-one appraisal with one of our experienced local agents. Request an appraisal with us using the form below.