A Landlord’s Guide
Landlords need to know what they are doing, have a clear understanding of which legislation they need to comply with and, just as importantly, how to get professional help when needed. There are over a hundred different pieces of legislation relating to letting properties, and landlords must be aware of them.
Failure to comply may lead to heavy financial penalties or, in rare cases, prison. The latest example is the Government’s Immigration Act, which makes landlords legally responsible for checking tenants’ right to rent.
Letting property is not easy, and the law generally favours tenants. Landlords should always seek professional help.
Your Lettings Journey
Decide on the reason for renting
Whether it's for a retirement fund, an investment, or because you're unable to sell, renting can be a lucrative income stream.
Ensure your finances are in order
You might be paying too much on your current mortgage. Consider remortgaging to release equity. Our adviser can help.
Decide on the rental price & agent
Understanding the local market is key. The right agent will help you maximise rent and find reliable tenants.
Ensure mandatory products are in place
This includes Gas Safety Checks, EPC (min 'E' rating), Smoke Alarms, and ensuring the property is safe and comfortable.
Let us find a quality tenant
We advertise on major portals and contact our pre-qualified tenants. Sit back and let us handle the search.
Accepting a tenant application
Once a tenant is found, we take a security deposit, handle the application, and send you a summary before proceeding.
Secure tenant & application checks
We verify employment, credit history, and references. We require homeowner guarantors for certain tenants.
Secure the deposit
Deposits are lodged into a government-approved scheme (DPS) within 28 days, a legal requirement for serving notices.
Move In & Tenancy Agreement
Tenants pay their first month’s rent and bond before signing. We provide and store copies of all agreements.
Management of the property
We continue to manage your investment, dealing with tenant issues, maintenance, and inspections.
Frequently Asked Questions
What is an Energy Performance Certificate (EPC)?
Legally required for all UK rentals, rated A–G, valid for 10 years. Minimum rating “E” is mandatory before letting.
What is an inventory and how does it work?
A record of the property’s condition and contents, often with photos/videos, signed by all parties. Included free with Aycliffe Homes.
What is fair wear & tear?
Considered when assessing deposit deductions. Long-term use (e.g., worn carpets after 10 years) isn’t claimable as damage.
Who has to pay the council tax?
Usually the tenant during the tenancy (as per the agreement). When the property is vacant, the landlord is responsible.
Who is responsible for the TV licence?
Normally the tenant, unless otherwise stated in the tenancy agreement.
Who organises repairs and maintenance?
On our fully managed properties, we liaise with tenants and arrange all works via our network of trusted local trades. We obtain multiple quotes for major jobs to ensure fair pricing.
What if a tenant fails to pay rent?
We will proactively chase any arrears and keep you informed. We can advise on the appropriate legal action or possession options if the rent remains unpaid.
Get Started
Ready to Start Your Property Journey?
Whether you’re thinking of selling, looking for your next home, or need a trusted letting agent, our family team is here to help. Get started with a free, no-obligation valuation and discover a smarter, fairer way to move in the North East.
