Finefair has the position as the top team for council leasing City of Westminster has for several reasons. Firstly we ensure that our clients have the right information about their obligations. In addition we provide a comprehensive service and the very best value.
In July there were a number of key announcements that would have a big impact on landlords. It is important to keep an eye on them and prepare for any changes.
How to Rent
The Section 21 form states that landlords have to provide tenants with the How to Rent guide. If they fail to do so they may be unable to reclaim a property. In July a number of amendments were added to the document. As a result this new up to date version must be provided at the beginning of all new tenancies.
One thing the Government is looking to do is encourage private landlords to offer longer term tenancies. There is a plan to introduce a three year model and financial incentives. One thing they could do is offer tax relief, making it more attractive to take on tenants for long terms.
Mandatory electrical testing
The Government wants to introduce mandatory checks on electrical installations in privately rented homes. The aim is to improve safety standards. It is expected that a five year rule will be introduced although a start date has not been set.
These three changes could have a big impact on landlords in Westminster. They will need to ensure they provide the How to Rent document and must be aware that electrical testing could become a lawful requirement. In addition they may want to consider the advantages of long term tenancies.
Finefair works hard to provide the best level of service to every single landlord, regardless of their situation. We are the best for guaranteed rent and also offer a choice of private or council renting. Our team support clients and help them select the right service for them.
If you want to work with the top team for council leasing City of Westminster has, contact us today. We will give you the best possible benefits and a service to rely on.