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Landlords Letting Guide | Tenants Guide

GERNERAL INFORMATION

5.1. TENANCY AGREEMENTS
Unless we receive written instructions to the contrary we will use our standard form of Tenancy Agreement. Draft copies are available on request for inspection by you and your building society or Solicitor.

5.2. REFERENCES
We will instruct Credit & Fax to check the tenant's references on your behalf. The tenant's address will be verified against the electoral register and a search will be made to find if the Tenants have County Court Judgements registered against them. The references checked will include verification of employment details together with a personal reference and credit check.

5.3. REFUND OF FEES
If tenancy is terminated by operation of a break clause, we will refund to you the appropriate proportion of fees on a pro-rata basis. If a tenancy is terminated by mutual agreement between you and the Tenant or though default by the Tenant, then none of the fees will be refunded.

5.4. INSTRUCTION OF SOLICITORS
You will be advised of any rent arrears or breeches of the tenancy, which come to our attention. However, if it is necessary for a solicitor to take action, You will be responsible for instructing his own solicitor and for all fees involved.

5.5. OVERSEAS LANDLORDS AND TAX
If you are resident overseas or taxed as such we require you to complete Inland Revenue for NRL1 - "Application To Receive U.K Rental with No Tax Deducted". The form is available from Hamilton Wood and will be forwarded to The Inland Revenue upon completion. If The Inland Revenue refuse or fail to issue us with an exemption certificate, we will be legally obliged to deduct 25% of the net rental income and remit the same to The Inland Revenue You agree to indemnify Hamilton Wood against all the payment of tax, interest thereon and penalties levied in connection with your tax affairs.

5.6. INTEREST
No interest will accrue for your benefit on deposits, retention's, tax reserves, rents or any other sum held by us on your behalf.

5.7. INDEMNITY
You will agree to indemnify us against all costs, claims and expenses properly incurred by us on your behalf.

5.8. VOID PERIODS
Our management service does not include provision of any services or supervision of the property when it is not let.

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Landlords Letting Guide | Tenants Guide

Property Sales | Lettings | Valuations | Step By Step Guide | Contact | About Us | Home