As you'll know by now, we're keen to keep our landlords up to date with any new regulations coming into effect which could have ramifications for our landlords.
This latest one is really for our Let-Only landlords that resign tenancies themselves as we have this covered where our Full Management landlords are concerned.
Stick with me as it's not edge of your seat stuff...
By now, you should all be aware that before a tenant takes occupation of a property the following documents must be served on the tenant(s):
It is just as important to ensure that you can evidence the documents you have been served on the tenant BEFORE occupation. Again, don't stress if you are one of our Full Management landlords as we do all this for you.
I am sure there will be tenancies in your portfolio which began prior to the 1st October 2015 of which some may be periodic tenancies and others fixed term tenancies. Well, from the 1st October 2018 all prescribed requirements that apply to post 2015 tenancies will apply to all Assured Shorthold Tenancies and those that have become periodic that started BEFORE 1st October 2015.
In other words, landlords will have to serve the above documents on ALL tenancies that began BEFORE the 1st October 2015, and as mentioned it is just as important to be able to provide evidence of this, should you need it.
It's also worth remembering that from the 1st October 2018 the Form 6A (Section 21) will be the only notice a landlord or agent will be able to serve to obtain vacant possession as the Section 21(1)b and 21(4)a will be obsolete.
One last time, for our fully managed landlords, don't worry, we have this covered for you.
If any of our Let-Only landlords wish to avoid such headaches as these, and those of the New Section 21 Rules, then please give us a call to discuss moving up to our Full Management Service, where we do all of this for you.
Redbrick Properties was established back in 2002 and since then has gone from strength to strength building up a fine portfolio of residential properties along the way.
We could never be accused of being a faceless agency as both Mark and I still work front-line in the office along side our experienced and capable staff.