Property Management - Move On Property Sales and Lettings

NEW RENTAL LEGISLATIONS – HERE WE GO AGAIN!

Goodness me, blink and you could be forgiven for missing more changes within the rental legislations.

On the 16^th May 2022 with immediate effect, properties with two or more domestic dwellings must have a fire risk assessment by a ‘Responsible Person’, whether they have a communal area or not. This could simply be a house that has been converted into two flats. The risk assessment must include the buildings structure such as floors and ceilings and internal walls as well as external fixings such as cladding or balconies.

From 1^st October 2022, carbon monoxide alarms will be required in rooms with combustion appliances include gas and oil appliances (except gas cookers). The additional amendment also requires the landlord to repair or replace the alarms once the landlord has been informed of a fault. This will apply to all new and existing tenancies.

On the 15^th June 2022, the Government released the Renters’ Reform Bill White Paper, which has a shopping list of suggested changes in the 86 pages! Abolishing Section 21, no initial fixed term tenancy, no tenancy renewals, banning of children, pets and people on benefits to be outlawed, a new Landlord Ombudsman and loads more. Before rushing to us to sell your property, please note a ‘Bill’ is a proposal to change an existing law and debated in Parliament prior to Royal Ascent. Due to the complexities of the proposals, we will be probably looking at least 12 months for this to go through.

Feeling deflated? Exhausted with all the changes? Then let us take care of your property needs.

If you wish to know more on the new fire risk assessments that are now in force, please email sharon@moveon.biz for a more detailed report.

Sharon

Blog Articles

RENTAL PAPERWORK- IT MUST BE ACCURATE!

Sometimes, I forget how the systems I have put in place over the years are rigorous and almost fool-proof (never say never!). So when we take over properties from other agents, this always comes back to remind me.

We recently took over an HMO property from another agent and was shocked to discover there were deposits taken that equalled more than the 5 weeks’ equivalent legal limit, and on one tenancy the rental amount per calendar month was nowhere to be seen on the tenancy agreement. These are schoolboy errors in my opinion!

At Move On, all legal paperwork goes through three audits to ensure the dates and addresses are correct, names match passports, right to rent has passed, and many other checks to ensure the paperwork is absolutely water tight in the event it ever had to go to court or a tenant being able to make a claim, like the deposit collected being more than 5 weeks of the rent!

At Move On, we make sure all our landlords can sleep at night, because this is what we do every day. We make sure we are always up to date with latest legislations, and we are often ahead of the deadline.

Is it time to move on with Move On? Ring me or come in and have a chat, we really are a friendly, professional bunch.

If you would like a free up to date rental appraisal or fresh eyes over your paperwork to ensure you are compliant, then please contact me 01202 711169 or email sharon@moveon.biz

Sharon

Information For Landlords

Information for Landlords

As a landlord, you need to know that your rental property is being looked after, not just by your tenants, but by your agents as well.

With over 15 years of experience in letting and managing rental properties across Poole, Bournemouth and beyond, you can be assured Move On bring the expertise and knowledge to ensure not only your property is looked after, but you are too.

At Move On, we offer a range of different services for rental properties depending on your needs:

Portfolio Management

Have all your investments in one place and in good hands by leaving management of your properties to us. You'll be assigned a designated portfolio manager from our team and full management 24/7. We'll take care of everything from sourcing new tenants to mid-term inspections, compliance management and check outs, so you'll truly be able to relax knowing your portfolio is in good hands.

Fully Managed Service

Our fully managed service allows you to really put your feet up and let us take the stress of finding tenants and managing your rental property from your shoulders. This includes collecting your rent, dealing with maintenance issues, making sure your property is compliant with all the latest legislations, and conducting property visits.

Let Only and Rent Collection Service

With our Let Only and Rent Collection Service, you still retain control over the maintenance of your property, but you don’t have to worry about collecting and managing rent, property visits, finding new tenants, and making sure you are covered with the latest legislations – you can leave that up to us!

Let Only Service

With Let Only, we’ll value and advertise your rental property on our website, social media and popular property portals like Rightmove and find your next tenant. We’ll take the stress out of the compliance side of finding and referencing new tenants too.

What's Included?

Full rental valuation

Advertising of property

Tenant identity verification and Right to Rent Checks

Full tenant referencing

Preparation and distribution of tenancy documents

Arrangement of compliance checks (Gas Safety, Electrical Certificates, etc.) (charges apply)

Compliance advice

Protection of deposit

Collection of rent

Arrangement of quotes, repairs, and maintenance

Regular property checks

Tenancy renewals

Management of check outs and end-of-tenancy

Full list of landlord fees:

SCALE OF CHARGES FOR LANDLORDS 1) Our Let Only Service £550.00 plus VAT (£660.00 inc VAT ) or 5% of the first 12 months rent, whichever is the more. 2) Our Letting and Rent Collection Service 8% plus VAT (9.6% inc VAT) 3) Full Management Service 12% plus VAT (14.4% inc VAT) 4) Premier Fully Inclusive Package 15%+VAT (18% inc VAT) (includes rental warranty) The following fees under the above services are payable when any individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewing by the Agent. Additional Charges: Initial Arrangement Fee £440.00 (inclusive of VAT) and includes the following; Tenant referencing £0.00 (inclusive of VAT) Tenancy agreement Fee £0.00 (inclusive of VAT) Check in £0.00 (inclusive of VAT) NB: Please note the above arrangement fee is included in our Let Only service. Inventory service £145.00 (inclusive of VAT) Registration of Deposit £24.00 (inclusive of VAT) Check out £150.00 (inclusive of VAT) Void property inspections £0.00 (inclusive of VAT) Additional inspections £40.00 (inclusive of VAT) first 2 included in management fee per annum Tenancy renewal fee £144.00 (inclusive of VAT) Issuing of notices £120.00 (inclusive of VAT) Annual Statutory Periodic Fee £60.00 (inclusive of VAT) Rent Warranty £432.00 (inclusive of VAT) if required Deposit Disputes £180.00 (inclusive of VAT) If case referred to an adjudicator Professional hourly rate £60.00 (inclusive of VAT) Charged by the Agent when required to carry out any additional services ie Court attendance

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NEW RENTAL LEGISLATIONS – HERE WE GO AGAIN!

RENTAL PAPERWORK- IT MUST BE ACCURATE!

Information for Landlords