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WILBEE & SON
Estate Agents
Property Management
105 / 107 MORTIMER STREET, HERNE BAY,
KENT, CT6 5ER.
Tel. 01227 374010 or 08452677541
Fax. 01227 375023
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Landlords General Information
Established in 1861 we have been providing
a property management service in Herne Bay and the surrounding districts
ever since.
We currently manage over 350 properties
in the district and pride ourselves on a service that is personal yet professional,
taking great care to understand the needs of the Landlord and the Tenant.
Quick Links
Managing Agents
(back
to quick links)
Throughout this document the managing agents
mentioned are WILBEE & SON Estate Agents of 105
- 107 Mortimer Street, Herne Bay, CT6 5ER.
Rent
– Valuation & Collection (back
to quick links)
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We will be pleased to advise you on the market
rental value for your property.
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Rents are payable by the tenant
calendar monthly.
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If the property is to be managed by us, we
will collect the rent due and you will be paid direct at either monthly
or quarterly intervals agreed in advance. We will prepare, at either monthly
or quarterly intervals, an income and expenditure account which you can
send to the Inland Revenue.
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If we, as the managing agents, are used to
introduce the tenant and all rent due is collected by the landlord, we
will arrange for the tenant to complete a direct debit mandate prior to
hand over of the property.
Dilapidation's
Deposit (back to quick links)
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In all cases we will collect a deposit from
the tenant to safeguard against damage. At the end of the tenancy we will
inspect the property and the costs of any work or damage attributed to
the tenant will be deducted from the deposit. We do advise the tenant,
in the letting terms and conditions that they are required to sign, that
they cannot assume any outstanding rent due will be deducted from the dilapidation's
deposit.
Tenant (back
to quick links)
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We will search our database and try to match
a tenant to your property. Where necessary we will advertise the property,
either with a 'to let' board erected outside the property, within our weekly
advert in the local press or within the lettings section of our internet
sites.
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On finding a suitable tenant we will take
up references, status and credit checks. We currently use Homelet a national
credit referencing agency, for our credit referencing. The tenant pays
for this service in the fee they pay to us on application.
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If the tenant matches the property and passes
the application checks we will pass all documentation to you for approval.
Once you have advised that the tenant is suitable, we will collect the
dilapidation's deposit and first months rent. The property will not be
handed over to the tenant until the tenancy agreement and terms and conditions
have been signed and all monies due paid and cleared.
Tenancy
Agreement (back to quick links)
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We will prepare an assured shorthold tenancy
agreement under current legislation. In general this will be for a period
of not less than 6 months and then renewable on a month to month basis.
This gives you the flexibility to re-occupy the premises after giving the
tenant two month's written notice to quit (under section 21 of the Housing
Act 1988 as amended by the Housing Act 1996). Similarly the tenant may
terminate after the initial period by giving one month's written notice.
Tenancy
Terms and Conditions (back to quick
links)
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We will prepare a terms and conditions agreement
for the tenant detailing any items (such as pets, contents insurance, garden,
periodic inspections, termination details etc.) not covered in the tenancy
agreement. The tenant is required to sign a copy of this document for our
records.
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We offer through Homelet a tenant insurance
policy. Tenants are also responsible for the Landlords fixtures and fittings.
Homelet tenants contents insurance automatically covers all of these risks
giving total peace of mind. With policies starting from as little as £6.21
per month the policy covers the tenant, their partner and all members of
the family permanently living at the address. Further details are available
on request.
Council
Tax and Utilities (back to quick
links)
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The payment of water rates, council tax, gas,
electricity, telephone bills, t.v. license, cable and satellite television
are the responsibility of the tenants.
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We will inform the local council and utility
companies of the termination and start dates of any tenancies along with
previous and forwarding addresses.
End of Tenancies
(back
to quick links)
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At the end of the tenancy we will inspect
the property and deduct any dilapidation's where necessary. Any remaining
monies will be returned to the tenant.
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We will inform the council and utilities of
the relevant changes.
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Hand over the property to the landlord or
seek a new tenant.
Repairs (back
to quick links)
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You are responsible for all repairs to the
property with the exception of window glass or other breakage's and damage
caused by the tenants.
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Small or emergency repairs can be carried
out by our contractors, or ones nominated by you, and their charges deducted
from your account. We will always ask for instructions before commencing
any large scale repairs.
Management
Fees (back to quick links)
Our fees for managing the property are
some of the most competitive to be found and are as follows:
General
Insurance (back to quick links)
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Local independant financial advisors are able to offer insurance policies covering property insurance, legal protection insurance etc.
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We offer a rent guarantee scheme through Homelet
giving peace of mind for Landlords. If the tenant fails to pay the rent,
they will pay the rent you are expecting from your property until vacant
possession is obtained for up to 12 months (excluding the first months
lost rent). Additionally they will pay 50% of the rent for up to 3 months
after vacant possession has been obtained, whilst a new tenant is found.
All related legal expenses are included in the policy which costs 4% or
minimum £10.50 per month. Claims will only be paid if your tenants
have been satisfactorily referenced by Homelet.
Buy To
Let Mortgages (back to quick links)
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Local independant financial advisors will be able to offer advise on buy to let mortgages. Check the yellow pages for further details.
Landlords
Safety Obligations (back to quick
links)
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Gas Safety (Installation and Use) Regulations
1994 and amendments:
These Regulations state that all gas installations
and appliances need to be regularly maintained to ensure that they run
safely and reliably, by a qualified CORGI gas engineer. In rented accommodation
all appliances and associated pipe work, chimneys and flues must be subjected
to an annual safety check by law, and a suitably qualified engineer will
issue a safety certificate following the checks. A copy of this safety
certificate must be given to a tenant before they move into a property,
and, anyway, within 28 days of the check whether requested or not.
It is important that Landlords
are aware that these regulations apply whether they use a Property Manager
or not, and the penalty for non-compliance is a maximum fine of £5,000.
Further information can be obtained
from the Health and Safety Executive or found on their web site at http:www.open.gov.uk/hse/gas/main.htm
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Electrical Fittings and Appliances
Consumer Protection Act 1987
The Electrical Equipment (Safety) Regulations
1994
Plugs and Sockets (Safety) regulations
1994 & amendments
Landlord and Tenant Act 1985 Section
11
The above legislation concerns electrical
safety, and this has caused confusion for many landlords in deciding how
they are affected. Section 11 of the Landlord And Tenant Act 1994 states
that where a lease for less than seven years, or a periodic tenancy, was
granted after 24th October 1961 the landlord will normally be responsible
for keeping the (electrical) installation(s) in the dwelling in good working
order. Subsequent legislation has been concerned with consumer safety,
fixed appliances (cookers, showers, immersion heaters, central heating
boilers etc.) and portable, or low voltage, appliances.
Trading Standards advise that
tests should be made at reasonable intervals, recommended every twelve
months. To be sure that both landlords and letting agents can show that
tests are being made it is also recommended that a test certificate be
provided to the tenant showing the next due test date.
Failure to comply with the Electrical
Regulations may constitute a criminal offence under the Consumer Protection
Act 1987 which carries a maximum penalty on summary conviction of a £5,000
fine and/or 6 months imprisonment. Trading standards reserve the right
to prosecute the landlord, agent or both.
Landlords and/or Agents could
also be liable in civil law under their statutory DUTY OF CARE for failure
to ensure their tenants safety and face punitive damages.