hushpower Posted September 20, 2014 Report Share Posted September 20, 2014 I am about to rent out a property ,the first time for eight years. I have a number of ASSURED SHORTHOLD TENANCY AGREEMENTS, that I bought from a Legal Stationers years back ,are they still legal to use? Any more advise would be most welcome thanks. Quote Link to comment Share on other sites More sharing options...
eddoakley Posted September 20, 2014 Report Share Posted September 20, 2014 Plenty of sites to download tenancy agreements. I think the ones I use are "pimms" but they are all very much of a muchness. Dont forget the new terms for the deposit/bond. Its a bit of a pain in the forst instance but much better should there be an issue at yhe end of the tenancy. Biggest bit of advice I can give is to get as much info as possible on the prospective tenants, it doesnt mean you are safe from aholes but its easy for them to hide problems and dispute with previous landlords if you are not thorough with your homework. And yes I do speak from (bitter) experience. I have been renting property for over 10 years and have had more than my share of bad tenants. Edd Quote Link to comment Share on other sites More sharing options...
LondonLuke Posted September 20, 2014 Report Share Posted September 20, 2014 Use the BPF website. This has an upto to date version. Quote Link to comment Share on other sites More sharing options...
malkiserow Posted September 20, 2014 Report Share Posted September 20, 2014 Blow £70 and join the RLA and get excellent telephone advice for a year and the latest documents from the professionals. Residential Landlords Association Set the cost against your tax. Quote Link to comment Share on other sites More sharing options...
Fisherman Mike Posted September 20, 2014 Report Share Posted September 20, 2014 I am about to rent out a property ,the first time for eight years. I have a number of ASSURED SHORTHOLD TENANCY AGREEMENTS, that I bought from a Legal Stationers years back ,are they still legal to use? Any more advise would be most welcome thanks. Take my advice and use a letting agent...you will save yourself a whole load of heartache and money in the future...I can guarantee it ! Quote Link to comment Share on other sites More sharing options...
Mungler Posted September 21, 2014 Report Share Posted September 21, 2014 You are about to enter a regulatory nightmare. For the first year use an agent / get help and feel the ropes. Apart from all the safety certification and checks the usual tripping point is 1. Placing the tenants deposit in a scheme 2. Making sure (and being able to prove) delivery of the prescribed tenancy deposit protection information. Using old paperwork is madness and a common way of digging a big hole. Quote Link to comment Share on other sites More sharing options...
Chris Bb Posted September 21, 2014 Report Share Posted September 21, 2014 Take my advice and use a letting agent...you will save yourself a whole load of heartache and money in the future...I can guarantee it ! +1 Plus good landlord's insurance to include non payment of rent. Learnt the hard way, fortunately we did have the insurance. Quote Link to comment Share on other sites More sharing options...
hushpower Posted September 21, 2014 Author Report Share Posted September 21, 2014 Thanks very much everyone for your input will act on it cheers Quote Link to comment Share on other sites More sharing options...
silver pigeon69 Posted September 21, 2014 Report Share Posted September 21, 2014 if you do decide to do it yourself, make sure that when you use a deposit scheme that you print off all the extra information that is supplied with it. There was a recent case where the landlord had used a scheme correctly but had not supplied the accompanying info brochure/leaflet with the deposit details. He had to pay 6 months rent compensation to the tennants, even though the info was freely available online!! Quote Link to comment Share on other sites More sharing options...
Dougy Posted September 21, 2014 Report Share Posted September 21, 2014 For ease and peace of mind we use an agency, no hassle, no worry's Quote Link to comment Share on other sites More sharing options...
amateur Posted September 21, 2014 Report Share Posted September 21, 2014 For ease and peace of mind we use an agency, no hassle, no worry's Apart from keeping on top of the agency to ensure that they pass the net rent on in a timely fashion Quote Link to comment Share on other sites More sharing options...
Dougy Posted September 21, 2014 Report Share Posted September 21, 2014 Apart from keeping on top of the agency to ensure that they pass the net rent on in a timely fashion You're paying for them for that service, if they fail then you should kick there backside. HARD !!! Quote Link to comment Share on other sites More sharing options...
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