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Estate Agents in Liverpool and Runcorn | Letting Agents in Liverpool and Runcorn - Tyrer & Hart Property Specialists
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Estate Agents in Liverpool and Runcorn | Letting Agents in Liverpool and Runcorn - Tyrer & Hart Property Specialists

Frequently Asked Questions

Letting a property can be a daunting task regardless of whether this is your first time or if you have a portfolio of properties. Have a look through our Frequently Asked Questions to find any answers you are looking for. If you still have questions contact the the Tyrer & Hart Office and we will be glad to help.

I want to let out my property; do I need to tell the mortgage lender?

Do I need an Energy Performance Certificate (EPC)?

How do I improve the chances of letting out my property?

How do I know how much rent to charge?

If I let out a property do I have to provide the tenant with any furniture?

How do I know I am getting a good tenant?

What do I do about a deposit?

Who has to pay the council tax on the property?

Who is responsible for the TV licence, the tenant or the landlord?

What is an inventory?

What happens about insurance when I let out a property?

How do I receive my rental income?

Do I have to pay income tax on rental income?

Can a tenant change the locks without consent from a landlord?

What should I do if a tenant has left furniture in the property after they have moved out?

I want to let out my property; do I need to tell the mortgage lender?

Yes, you must obtain permission from your mortgage lender and inform us of any special conditions that they impose. We may require written evidence of this.

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Do I need an Energy Performance Certificate (EPC)?

From 1st October 2008, all rental properties with a new tenancy in England and Wales are required to have an Energy Performance Certificate (EPC).

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How do I improve the chances of letting out my property?

Properties should be; clean and decorated before they look tired, preferably in light neutral tones. Decent floor coverings are a must. Vacant properties without curtains, light fittings, adequate power points and smoke alarms indicate an uncaring landlord, who will only attract uncaring tenants. Tyrer & Hart use their distinctive branding, combined with a variety of marketing tools to attract quality tenants to your property, fast.

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How do I know how much rent to charge?

We will assess the potential rental value in current market conditions and recommend the type of tenant that would be most suitable for the property. We will also agree with you the terms on which the property will be marketed, including any restrictions.

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If I let out a property do I have to provide the tenant with any furniture?

No, you can let out your property; fully furnished, partly furnished or unfurnished. However when deciding whether to provide furniture with a property or not consider the type of tenant you are targeting and what their needs are likely to be. It is also important to note the condition of the furniture provided in the inventory.

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How do I know I am getting a good tenant?

We conduct identity and residency checks on all applicants. We also obtain a credit reference and take up employer and current landlord references. For applicants who have a clean credit history but who are financially weak for the rental commitment we either ask for a guarantor or obtain full settlement of rent in advance for the tenancy term. For non-UK applicants we have access to international referencing facilities, which cover many countries.

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What do I do about a deposit?

We can collect a security deposit from the tenant as cleared funds before the Tenancy Agreement is signed and register the deposit with an approved Tenancy Deposit Scheme if applicable (Tenancy Deposit Schemes do not currently operate in Scotland or northern Ireland).

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Who has to pay the council tax on the property?

A tenant is responsible for the payment of council tax during the period of the tenancy (as long as this is stated in the Tenancy Agreement). However when the property is vacant the landlord or homeowner is responsible for paying the council tax. In some circumstances, such as non-student houses in multiple occupation, the landlord can still be held responsible for the council tax.

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Who is responsible for the TV licence, the tenant or the landlord?

It is both the landlord and tenant's responsibility to ensure that the address has a valid TV licence. However the responsibility on who has to pay for the licence is usually stated in the Tenancy Agreement. However if the landlord provides a television with the property then they would be expected to pay for the TV licence, particularly in any communal areas.

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What is an inventory?

A list detailing every item contained within a rental property and the condition each listed item is in, usually checked by all parties on the day the tenant moves in and signed by all parties. Tyrer & Hart can provide a comprehensive inventory service for landlords.

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What happens about insurance when I let out a property?

It is a good idea for the landlord to have insurance on the property and for any contents, such as furniture and white goods they have provided in the property. Tenants are responsible for insuring their own contents left in the property (however it is a good idea to state this in the tenancy agreement).

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How do I receive my rental income?

We arrange for the tenant to sign a standing order for rent and account to you for all rent received, less outgoings, fees and commission accompanied by a statement, normally within 7 days of rent being cleared into our account. Please note in the case of tenants in receipt of housing benefit rent is paid four weekly in arrears.

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Do I have to pay income tax on rental income?

You will have to pay tax on your rental income, and if you are living outside of the UK apply for approval to receive rent with no tax deducted. For overseas landlords in absence of this approval we must deduct tax at source from your rental income and pay these monies to the Inland Revenue on your behalf. You are also responsible for paying all property taxes for periods when the property is vacant. As well as keeping records for VAT and personal taxation purposes.

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Can a tenant change the locks without consent from a landlord?

Yes, even if the tenancy agreement says that prior consent is needed beforehand, but the tenant must "make good" the locks at the end of the tenancy.

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What should I do if a tenant has left furniture in the property after they have moved out?

Property left behind is still classed as the tenants and if removed, or sold a claim can be made against the landlord for the value of the goods. The landlord becomes a bailee when the goods are left behind and can only legally sell or remove them under the Torts (interference with goods) Act 1977. Landlords are not permitted to sell the goods for compensation for any damage caused by the tenant or for any unpaid rent. However in practice a landlord cannot get a court order for each tenant that leaves property behind, and so a landlord has to make a judgement call, and with all items of value keep clear evidence that they have done all they can to contact the former tenant in question.

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