Landlords
This page assists landlords in ensuring that they know what is required of them to rent out a property and also during the tenancy.
Electrical Safety Standards
On 1 June 2020 the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 came into force. The regulations mean that landlords have a legal duty to have all electrical installations within a rented property inspected and tested by a competent person at least every 5 years.
These regulations apply to all new specified tenancies from 1st July 2020, and existing specified tenancies from 1st April 2021.
Following the inspection and testing, the landlord must:
- Obtain a report from the person conducting the inspection and test.
- Supply a copy of that report to each existing tenant within 28 days.
- Supply a copy of that report to the local housing authority within 7 days of receiving a request in writing for it from that authority.
- Retain a copy of that report until the next inspection and test is due and supply a copy to the person carrying out the next test and inspection.
- Supply a copy of the most recent report to any new tenant before they occupy the premises, and to any prospective tenant within 28 days of receiving a request in writing for it from that prospective tenant.
Where further investigation or remedial work are required by the report this must be carried out within the time specified by the report and within 28 days from the date of the test.
For houses of multiple occupation (HMO’s), there is an existing legal requirement to obtain an electrical installation test every five years. Current provisions in Regulation 6(3) of the Management of Houses in Multiple Occupation (England) Regulations 2006 have been repealed, ensuring all properties are in scope of the new Regulations. These Regulations require a new mandatory condition on electrical safety to be placed on HMO licences. This condition will apply to all licences granted after 1 June 2020.
If we believe that the landlord is in breach of the requirements, we have a duty to serve a remedial notice under the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020. If the remedial notice is ignored and action is not taken within 28 days, we can arrange for the remedial works to be carried out, with consent from the tenant, and recover the costs from the landlord. We can also impose financial penalties of up to £30,000.
For additional information see the Electrical Safety Standard legislation.
For further advice and guidance, visit the GOV.UK website.
Minimum Energy Efficiency Standard (MEES)
Since April 2018, new tenancies in England and Wales have had to meet the Government's minimum energy efficiency standard (MEES). Properties which require an energy performance certificate (EPC) must reach a minimum ‘E' rating on their EPC assessment, or have a valid exemption registered.
The Government has introduced a ‘cost cap', requiring landlords to spend up to £3,500 per property to improve them to the minimum level. If you cannot improve your property to EPC E for £3,500 or less, you should make all the improvements which can be made up to that amount, then register an ‘all improvements made’ exemption.
From 1 April 2020, this requirement has extended to all existing tenancies.
If a local authority believes a landlord has failed to fulfil their obligations under the MEES Regulations, they can serve the landlord with a compliance notice. If a breach is confirmed, the landlord may receive a financial penalty.
Further guidance on the MEES regulations, visit the Gov.UK website
Landlord Gas Certificates
As a landlord, you are responsible for the gas safety of your tenants. You must ensure that all gas appliances are working correctly and safely. Therefore, every rental property that has any sort of gas appliance, whether it be a gas boiler, hob, oven or fire, requires a Gas Safety Certificate. Further information can be found here (opens external government link)
Looking to rent our your property?
Here at Flynn Lettings we offer all of our Milton Keynes landlords a tailored service to suit you.
Each landlord is treated as an individual and not one of a crowd, ensuring that every landlord's priority is met on a personal basis.
At Flynn Lettings we believe our fee structure is unrivalled with the quality of service that we provide.
Flynn Lettings move with the time and utilise the latest technologies available in the industry, while keeping your management fees as low as possible.
We use a third party referencing agency to carry out all referencing and credit checks, this is to ensure we find the highest quality tenants for your investment property.
In turn we are able to offers a fast turn round on rental applications and minimises your void periods.
Flynn Lettings also uses the latest technology to produce a high quality and detailed inventory, thus making sure your investment is protected.
Fees
Our management is taken as a percentage of the gross rents paid by the tenant for the duration of the tenancy.
Management Fees are from 5%+VAT depending on the detailed service that you need. This can range from rent collection only to monthly, quarterly, six monthly inspections.
Some of our landlords like to sit back and let their Letting Agent deal with everything from paying service charge, ground rent, insurance to dealing with HMRC Tax reporting, dealing with accountants and this is why our fees start at 5%+VAT.
HMO management Fees 15%+VAT
Our fee structure is still extremely competitive so please contact us now to discuss what fees we can offer you and your portfolio.
Client Money Protect
Flynn Lettings are members of CMP. Please click here to read the Client Money Holding Guidance Notes
Offers
From time to time we may offer new landlords incentives to move their property(ies) to Flynn Lettings for a cheaper fee. The incentives are intended for new landlords only and can only apologise that we cannot extend this to existing landlords. Just like all other agents and local shops we are feeling the pinch.
We are a local, family run business that try and support other local businesses. Move your property(ies) to Flynn Lettings and relax knowing that not only will your property(ies) be managed by experienced staff but we are offering a further 10% discount. For more information please call our team on 01908 423700.
The offer is for new landlords only with the property ownership being the named director of a company registered and based in Milton Keynes and be trading for at least 1 year.
Flynn Lettings have the right to remove this offer or refuse this offer on a without prejudice basis.
Areas we cover
Flynn Lettings covers all of Milton Keynes. To name a few (or all of them!)
Ashland, Atterbury, Bancroft Park, Bancroft, Beanhill, Blakelands, Bleak Hall , Blue Bridge, Bolbeck Park ,Bradville, Bradwell Abbey, Bradwell Common , Bradwell , Brickfields, Brinklow, Brook Furlong, Broughton and Brooklands, Brown's Wood, Caldecotte, Central Bletchley, Central Milton Keynes, Coffee Hall, Conniburrow, Crownhill, Denbigh East, Denbigh Hall, Denbigh North, Denbigh West, Donwhead Park, Downs Barn, Eaglestone, Eaton Manor, Elfield Park, Emerson Valley, Fairfields , Far Bletchley, Fenny Stratford, Fishermead, Fox Milne, Fullers Slade, Furzton, Galley Hill, Giffard Park, Granby, Grange Farm, Great Holm, Greenleys, Hazeley, Heelands, Hodge Lea Kents Hill, Kiln Farm, Kingsmead, Kingston, Knowlhill, Leadenhall, Linford Woodn Lodge, Medbourne, Middleton Milton Keynes Village, Monkston, Mount Farm, National Bowl, Neath Hill, Netherfield, New Bradwell, Newlands, Newton Leys, Northfield, Oakgrove, Oakridge Park, Old Bletchley, Old Farm Park, Old Wolverton, Oldbrook, Oxley, Passmore, Peartree Bridge, Pennylands, Pineham, Redmoor, Rooksley, Shenley Lodge, Simpson, Snelshall, Springfield, Stacey Bushes, Stantonbury, Stonebridge, Stony Stratford, Tattenhoe Park, Tattenhoe, Tilbrook, Tinkers Bridge, Tongwell, Tower Gate, Two Mile Ash, Walnut Tree, Walton, Walton Hall, Walton Park, Water Eaton, Wavendon Gate, West Ashland, Westcroft, Whitehouse, Willen Lake, Willen Park, Willen, Winterhill, Wolverton Mill, Wolverton, Woodhill, Woolstone, Woughton on the Green, Woughton Park, Wymbush
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