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A B O U T  U S

C O N T A C T  U S

S E R V I C E S

North Herefordshire leading letting agents

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TEL. 01568 616004        EMAIL. INFO@CALDICOTTLETTINGS.CO.UK

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A B O U T

Here are some commonly asked tenants questions with answers when renting through Caldicott Property Lettings and Management Ltd.

 

If you require more information then please ask a new question below, call us directly on 01568 616004.

T E N A N T S  F A Q

Here are some commonly asked questions by Landlords  and answers when renting through Caldicott Property Lettings and Management Ltd.

 

If you require more information then please ask a new question below, call us directly on 01568 616004.

L A N D L O R D S  F A Q

I WANT TO RENT. WHAT SHOULD I ASK?

 

As an ARLA member you will benefit from our experience, professionalism and compliance with ARLA’s bye laws, regulations and accounting procedures. Our professional indemnity insurance which complies with the requirements of the Association’s Fidelity Bond will protect your deposit. We provide a framework of ethical and professional standards at a level far higher than the law demands.

 

DO I PAY ANY FEES TO THE AGENT?

 

You should not pay introductory fees but there will be certain costs for you to cover, for inventories and for administration including the preparation of the tenancy agreement and taking up references.

 

WHAT MONEY DO I NEED TO FIND IN THE BEGINING?

 

Normally at least a month’s rent in advance and the equivalent of a month to six weeks’ rent to be held as a deposit against damage (and the administrative charges noted previously).

 

WHAT INFORMATION DO I NEED TO SUPPLY?

 

The addresses of referees for the agent to write and confirm your ability to meet the rental commitment. These will normally include your bank or building society, employer, previous landlords, or for some, your solicitor and/or accountant.

 

WHAT ARE MY RESPONSABILITIES?

 

These should be clearly set out in your tenancy agreement, which you should read carefully before you sign. If in doubt, ask the agent. There is a duty for professional agents to ensure that anyone relying on them is offered correct advice.

 

HOW LONG IS A TYPICAL LET?

 

Most agents require it to be a minimum of six months and rarely write a tenancy agreement for longer than a year.

 

WHAT ELSE DO I HAVE TO PAY FOR?

 

The tenant usually pays the utility bills such as gas, electricity, water and telephone during the course of the tenancy, TV. licence, etc; and the Council Tax applicable to the property.

WHAT MUST I DO AT THE END OF THE TENANCY?

 

Ensure you fulfil your obligations stated in the tenancy agreement to leave the property in the condition it was in at the start, or deductions will be made from your deposit. These will include thorough cleaning and all linen, used or not, freshly laundered. If you have moved furniture, return it to where you found it at the time of the inventory.

WHO HAS BEEN HOLDING MY DEPOSIT?

 

Normally, the agent in a designated client’s deposit account. That is why it is important to use an ARLA agent.

 

 

HOW MUCH WILL IT COST ME, TO RENT MY PROPERTY?

 

The costs involved in letting your property are the following:

 

An EPC (Energy Performance Certificate), which you will need to make available to prospective tenants no later than 28 days from marketing beginning.

 

An inventory and check-in report, which should be organised before a tenant moves in. Costs can vary depending on the size of the property.

 

Our commission fee, which is payable when a tenant is introduced and enters into an agreement to rent the property. This is charged as a percentage of the agreed rental price + VAT.

 

ARE THERE ANY MARKETING OR EXTRA COSTS?

 

Normally no, these are included within our commission fee. However, additional costs may be incurred if Landlords request additional advertising.

 

WHO CONDUCTS VIEWINGS OF MY PROPERTY?

 

One of our experienced staff accompany all viewings during normal opening hours. However, in some extreme circumstances we may ask the landlord to conduct the occasional viewing.

 

WHAT IS AN EPC, AND HOW LONG IS IT VALID?

 

An EPC (Energy Performance Certificate) measures the energy efficiency of a property and is valid for 10 years. It is a legal requirement for Landlords to have a valid EPC before their property is let.

 

HOW MUCH WILL IT COST TO HAVE MY PROPERTY MANAGED?

 

Our Property Management fee will be charged as a percentage of the Rental Price + VAT and is payable upon the tenant signing the Tenancy Agreement.

 

HOW MUCH IS THE TENANTS DEPOSIT, AND WHAT HAPPENS TO IT?

 

Typically this is four to six weeks' rent and is payable upon the signing of the Tenancy Agreement. The deposit is then put in a designated client’s deposit account. That is why it is important to use an ARLA agent.

 

HOW LONG DOES IT TAKE TO RECEIVE MY RENT?

 

For a long let you will receive your rent by standing order on the rental due date each month. The due date is typically, although not always, the date on which the tenant moved in. For a short let you will receive your rent in full prior to commencement of the tenancy.

 

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