FPSales & Estates Ltd - Company Message
                                  
                                INFORMATION FOR LANDLORDS
About Ourselves
 
Specialists
We are a local, independent firm specialising in Residential Lettings and Property Management.
We understand that letting your property, especially for the first time, can be a worrying experience and with this in mind our most important consideration is providing you the Landlord with the best possible service  for your property. We never forget that the property is your most important asset and we can confidently assure you that by instructing us to act for you in any respect whether its for full management or a partial service we will do our best for you.
Competitive Rates
Our fees are competitive and may be open to negotiation dependent on the level of Service required. We are particularly committed to investment Landlords and savings can be made on the smallest of portfolios.
A Personal Service
We pride ourselves in offering a personal and friendly Service, either full management or any part, to suit yourselves,  whilst at the same time maintaining a high standard of competence and professionalism.

ANY MONEY WE COLLECT FOR YOU IS HELD IN A DEDICATED RING
FENCED DEPOSIT ACCOUNT WITH HSBC, ST NICHOLAS STREET, SCARBOROUGH 
 
WHAT YOU NEED TO KNOW
Insurance for Landlords
We can arrange insurance designed specially for Landlords, providing extra security and peace of mind.
However be aware the normal household insurance will not cover you for having a tenant in the property and you will need  a Landlords Insurance policy.
We would be happy to quote for this if you require:
Available cover, obviously open to your own choice is as below if you would like to discuss this with us, please let us know. 

 
RENTAL GUARANTEE COVER* 
LEGAL EXPENSES COVER* 
CONTENTS INSURANCE* 
BUILDINGS INSURANCE*  
EMERGENCY REPAIR SERVICE COVER

Preparing the Property
We have found that a good relationship with Tenants is the key to a smooth-running tenancy.  It follows therefore that a well maintained property in a good decorative order will go towards this, whilst also achieving a higher rental figure. Tenants are also more inclined to treat such a property with greater respect.

General Condition
Electrical, gas plumbing, waste, central heating and hot water systems must be safe, sound and in good working order. Repairs and maintenance are at the Landlords expense unless misuse can be established. Interior decorations should be in good condition and preferably plain, light and neutral.

Furnishings
It is recommended that you leave only minimum furnishings, and these should be of reasonable quality.

Gardens
Gardens should be left neat, tidy and rubbish free, with any lawns cut. Tenants are required to maintain the gardens to a reasonable standard, provided they are left the necessary tools. However, few Tenants are experienced gardeners, and we do have a service which you could if you wish avail yourself of.

Cleaning
At the commencement of the tenancy the property must be in a thoroughly clean condition, and at the end of each tenancy it is the Tenants' responsibility to leave the property in a similar condition. Where they fail to do so, cleaning should be arranged at their expense.

Information for the Tenant
It is helpful if you leave information for the Tenant, e.g. on operating the central heating and hot water system, washing machine if provided and any alarm system, and the day refuse is collected etc.

Keys
You should provide one set of keys for each tenant.
 
General Advice for Landlords

If your property is mortgaged, you should obtain your mortgagee's written consent to the letting.
If you are a leaseholder, you should check the terms of your lease, and obtain the necessary written consent before letting.
You should ensure that you are suitably covered for letting under both your buildings and contents insurance. Failure to inform your insurers may invalidate your policies. We can advise on Landlords Legal Protection, Rent Guarantee Cover and Landlords Contents and Buildings Insurance if required.
We recommend that you arrange for regular outgoings e.g. service charges, maintenance contracts etc. to be paid by standing order or direct debit.
You should arrange for the the transfer of Council Tax and utility accounts to the Tenant. Meter readings should be taken, allowing your closing gas and electricity accounts to be drawn up.
When resident in the UK, it is entirely the Landlords responsibility to inform the Inland Revenue of rental income received, and to pay any tax due. Where the Landlord is resident outside the UK during a tenancy, under rules effective from 6 April 1996, unless an exemption certificate is held, we as Landlord's Agent are obliged to retain and forward to the Inland Revenue on a quarterly basis, an amount equal to the basic rate of income tax from rental received, less certain expenses. An application form for exemption from such deductions is available from this Agency, and further information may be obtained from the Inland Revenue.
It is most important that an inventory of contents and schedule of condition be prepared, in order to avoid misunderstanding or dispute at the end of a tenancy. Without such safeguards, it will be impossible for the Landlord to prove any loss, damage, or significant deterioration of the property or contents.

Important Safety Requirements
The following requirements are the responsibility of the owner (Landlord). Where you have signed our Full Management Agency Agreement, they are also our responsibility. Therefore where we are managing we will need to ensure compliance.

Annual safety check Maintenance Records Copies to tenants
Health and Safety - Electrical

A pat test is recommended where electrical items are supplied by the landlord on an annual basis.

The Furniture and Furnishings (Fire) (Safety) Regulations 1988 (amended 1989 & 1993) provide that specified items supplied in the course of letting property must meet minimum fire resistance standards. The regulations apply to all upholstered furniture, beds, headboards and mattresses, sofa-beds, futons and other convertibles, nursery furniture, garden furniture suitable for use in a dwelling, scatter cushions, pillows and non-original covers for furniture. They do not apply to antique furniture or furniture made before 1950, bedcovers including duvets, loose covers for mattresses, pillowcases, curtains, carpets or sleeping bags.
Smoke Alarms
 
Client money protection is in place, a dedicated Client Deposit Account is held at HSBC, St Nicholas Street, Scarborough.