Buy to let & tenancies
Whether you are an experienced investor in property or making your first investment purchase, you are looking for a good investment with maximum returns as quickly as possible.
We can provide you with:
- a qualified lawyer dedicated to you and experienced in all aspects of the conveyancing process. Your lawyer will see your investment purchase through from start to finish
- specific advice tailored to your plans for the property
- a lawyer-prepared Tenancy Agreement incorporating your specific requirements
- guidance regarding the latest legislation affecting landlords
- an Energy Performance Certificate for the property.
Before you invest, you may wish to consider the following useful points:
- the deposit held under an Assured Shorthold Tenancy now has to be held in accordance with a Tenancy Deposit Scheme. We can provide you with further details regarding this or you can visit Directgov.
- you will need to provide your tenant with an Energy Performance Certificate, as well as a Landlord's Gas Safety certificate for all gas appliances
- if the property is furnished or part furnished, it is important that a full inventory is prepared and agreed prior to the start of the tenancy
- you should consider having a Schedule of Condition prepared to make sure that the tenant keeps the property in the same state of repair and condition (subject to fair wear and tear)
- if you have a mortgage, you should check what the lender's requirements are and what type of tenancies and tenants are acceptable to them
- check that your buildings insurance is suitable for properties that are let
- if the property is leasehold, you should check that sub-letting is permitted under the terms of the lease.
For further information please contact one of the team.