Landlords
Trelawny Property Management offer flexible management options which aim to provide you with everything you need.
If you are thinking of letting a property in Cornwall, Trelawny Property Management is the letting agent of choice. Whether your property is a studio flat or a large house our aim is to secure a good quality tenant at the best possible rental value.
The process starts with us visiting the property that you intend to let to carry out an accurate rental appraisal, discuss recent comparables and agree on the best marketing strategy to suit your needs. Your property will be widely advertised and marketed through the following means:- With approximately 80% of potential tenants starting their search online it is essential that your property appears in those searches. As well as our own website, which is updated daily, your property will appear on www.rightmove.co.uk Despite the growth of the internet local newspapers still have an important part to play in marketing your property. We will advertise your property every week in the local newspapers.
Our services are tailored to accommodate the differing needs of Landlords. They range from our Let Only Service to our Full Management Service. Our Full Management Service will give you the peace of mind of knowing that your property is being managed in an efficient and cost effective manner without you having to deal with any of the stressful or time consuming issues that can sometimes arise. Whichever level of service you require you can be sure that prospective tenants are referenced thoroughly as part of our desire to find you the best possible tenant. The services are summarized below:
Choosing the right Service for you:
Full Management Service:
Income Tax Liability
Under the terms of the Taxation of Income from Landlords (Non-Resident) Regulations 1995 (Finance Act 1995), while a Landlord may be considered non-resident for tax purposes they still have to pay United Kingdom income tax on rents arising in this country. An exemption certificate can be obtained from the Inland Revenue if your tax affairs are up to date.
Your Mortgage
If your property is under mortgage you are normally required to inform the lender of your intention to let out the premises. There will usually be no objection, provided there are no arrears, but there may be an administration charge payable, which will vary from lender to lender.
Insurance
Whether your property is to be let furnished or unfurnished, you will need to arrange Buildings and contents cover. The Building insurance may be included in your mortgage repayments but you will need to inform your existing contents insurers that you are renting out your home.
Our referencing company Rentsheild Direct offer very competitive rates for building and contents insurance. Please mentioned that there services were recommended by Trelawny Property Management to benefit from the reduced rates. For further information, please visit their website www.rentshielddirect.com
Furniture and Furnishings
The purpose of The Fire (Safety) Amendment Regulations 1993 is to improve safety by requiring all furniture and furnishings in rented properties to meet the "cigarette test".
Most new furniture is marked with a label to show it passes the test (a triangle with a smoking cigarette), or in the case of beds and mattresses a label marked BS 7177. The regulations apply to all upholstery and upholstered furniture and loose fittings, permanent or loose covers including: beds, mattresses, pillows, armchairs and scatter cushions.
The Gas (Safety) Regulations 1994
On the 31st October 1994 the gas safety regulations came into effect. Under the regulations, it is the responsibility of anyone letting their property to ensure any gas appliance or pipe work installed in the premises are maintained in a safe condition.
The Landlord must make sure all gas appliances, pipe works and flues are checked for safety at least once a year by a qualified gas engineer (CORGI registered) or by British Gas. A record of each inspection must be kept and a certificate must be available for the Tenant or Local Authority to inspect.
Electrical Equipment (Safety) Regulations 1994
From the 9th January 1995 it became a criminal offence to supply electrical equipment which is unsafe. Equipment is unsafe if, as a result of any defect, it jeopardises the safety of people, domestic animals or property. Whilst the act does not impose any duty on the supplier to carry out safety checks we would recommend inspections are carried out at least once a year.
If you are thinking of letting a property in Cornwall, Trelawny Property Management is the letting agent of choice. Whether your property is a studio flat or a large house our aim is to secure a good quality tenant at the best possible rental value.
The process starts with us visiting the property that you intend to let to carry out an accurate rental appraisal, discuss recent comparables and agree on the best marketing strategy to suit your needs. Your property will be widely advertised and marketed through the following means:- With approximately 80% of potential tenants starting their search online it is essential that your property appears in those searches. As well as our own website, which is updated daily, your property will appear on www.rightmove.co.uk Despite the growth of the internet local newspapers still have an important part to play in marketing your property. We will advertise your property every week in the local newspapers.
Our services are tailored to accommodate the differing needs of Landlords. They range from our Let Only Service to our Full Management Service. Our Full Management Service will give you the peace of mind of knowing that your property is being managed in an efficient and cost effective manner without you having to deal with any of the stressful or time consuming issues that can sometimes arise. Whichever level of service you require you can be sure that prospective tenants are referenced thoroughly as part of our desire to find you the best possible tenant. The services are summarized below:
Choosing the right Service for you:
Full Management Service:
- Valuation and Take on.
- Advertising. We market your property on our website, other relevant websites, in the local press and by using property signs.
- Arranging & carrying out accompanied viewings.
- Carrying out reference checks with an independent company (RENTSHIELD).
- Provision of fully comprehensive short-hold tenancy agreement for six or twelve months.
- We ensure the property is fully compliant with all gas safety requirements as well as other safety legislative requirements.
- Collection of deposit equivalent to 1 month rent plus £250.
- Provision of full video record of state of property & written inventory.
- Inform services i.e. Council Tax, water, gas and electric suppliers.
- Inspect the property regularly.
- Advise Landlord of any repairs / maintenance required and provide quotations.
- Arrange gas and electrical inspections.
- Collect rental payments and forward to Landlord as soon as funds have cleared our account. This will be done via internet banking to avoid any delay.
- Provision of monthly accounting Statements.
- Provision of free Tenancy Agreement renewals.
- We ensure that all minor remedial works are carried about quickly, efficiently and to budget without compromising on quality and additional management fees.
- Dealing with tenants deposits under the new government regulations and in accordance with the new Tenancy Deposit Scheme.
- Valuation and Take on.
- Advertising. We market your property on our website, other relevant websites, in the local press and by using property signs.
- Arranging & carrying out accompanied viewings.
- Carrying out reference checks with an independent company (MARAS).
- Provision of fully comprehensive short-hold tenancy agreement for six or twelve months.
- We ensure the property is fully compliant with all gas safety requirements as well as other safety legislative requirements.
- Collection of first months rent and deposit.
- Providing full video record of condition of property and written inventory.
- Inform services i.e. Council Tax, water, gas and electric suppliers.
- Provision of statement showing income and deposit received.
- The property is then handed over to the Landlord who will manage the property thereafter.
- Dealing with tenants deposits under the new government regulations and in accordance with the new Tenancy Deposit Scheme.
Income Tax Liability
Under the terms of the Taxation of Income from Landlords (Non-Resident) Regulations 1995 (Finance Act 1995), while a Landlord may be considered non-resident for tax purposes they still have to pay United Kingdom income tax on rents arising in this country. An exemption certificate can be obtained from the Inland Revenue if your tax affairs are up to date.
Your Mortgage
If your property is under mortgage you are normally required to inform the lender of your intention to let out the premises. There will usually be no objection, provided there are no arrears, but there may be an administration charge payable, which will vary from lender to lender.
Insurance
Whether your property is to be let furnished or unfurnished, you will need to arrange Buildings and contents cover. The Building insurance may be included in your mortgage repayments but you will need to inform your existing contents insurers that you are renting out your home.
Our referencing company Rentsheild Direct offer very competitive rates for building and contents insurance. Please mentioned that there services were recommended by Trelawny Property Management to benefit from the reduced rates. For further information, please visit their website www.rentshielddirect.com
Furniture and Furnishings
The purpose of The Fire (Safety) Amendment Regulations 1993 is to improve safety by requiring all furniture and furnishings in rented properties to meet the "cigarette test".
Most new furniture is marked with a label to show it passes the test (a triangle with a smoking cigarette), or in the case of beds and mattresses a label marked BS 7177. The regulations apply to all upholstery and upholstered furniture and loose fittings, permanent or loose covers including: beds, mattresses, pillows, armchairs and scatter cushions.
The Gas (Safety) Regulations 1994
On the 31st October 1994 the gas safety regulations came into effect. Under the regulations, it is the responsibility of anyone letting their property to ensure any gas appliance or pipe work installed in the premises are maintained in a safe condition.
The Landlord must make sure all gas appliances, pipe works and flues are checked for safety at least once a year by a qualified gas engineer (CORGI registered) or by British Gas. A record of each inspection must be kept and a certificate must be available for the Tenant or Local Authority to inspect.
Electrical Equipment (Safety) Regulations 1994
From the 9th January 1995 it became a criminal offence to supply electrical equipment which is unsafe. Equipment is unsafe if, as a result of any defect, it jeopardises the safety of people, domestic animals or property. Whilst the act does not impose any duty on the supplier to carry out safety checks we would recommend inspections are carried out at least once a year.