Purchase Online Tenancy Agreements

Buy an on-line Tenancy Agreement now. As a landlord and also as a tenant it is important that there is a comprehensive tenancy agreement in place to protect both parties. Don't be tempted with purchasing off the shelf do it yourself tenancy agreements. It is worth investing in a professionally prepared tenancy agreement by a qualified solicitor.

Tenancy agreements

Tenancy agreements are a legally binding document which protects both a landlord and the tenant when renting out property. If you are a landlord and need to download a solicitor prepared assured shorthold tenancy agreement now click here.

Amount of Rent

A landlord will determine the level of rent based on market conditions and level of rent expected on the type of property in question.

New landlord renting for the first time

If you are a new landlord renting your property for the first time it is essential that you purchase a comprehensive tenancy agreement. Never, believe that trust is enough. This is a business relationship to help protect your investment property.

Damage deposits

It is important for landlords to take a damage deposit from the tenants. The amount set is determined by the landlord. However, it is a worthwhile investment to purchase a landlord inventory now as this will detail the condition of the property and contents prior to the tenants moving in which can be signed by all parties. When the tenants vacate this landlord inventory can be used to determine whether any of the deposit needs to be retained for repair/maintenance work created by the tenants.

Evicting tenants

It is never an incident that a landlord wants to exercise but on occasions it is necessary to evict tenants. There are certain procedures that a landlord must take to do this. In the first instance it is worth consulting a solicitor to find out how to execute this.

Rent Arrears may need to get a county court judgement

Many landlords will collect rent via direct debit from their tenants own bank accounts. It is important that tenants pay the rent on time and the full amount so as to avoid getting into rent arrears. If this does happen the landlord may have to apply for a county court judgement to resolve the rent arrear issues.

Before you evict you need to know which notice to serve

As a landlord needing to evict tenants it is important to know which eviction notice to serve. There are a number of good information sources available to find this information, but it is always worth contacting a solicitor to ensure that it is done in the correct legal manner.

Each party has certain obligations that they must meet. These can include:

The Landlord

- Adhering to Safety Requirements

- Collecting Rent

- Attending to repairs on the property

- Enabling the tenants to live peacefully in the property you have provided

- Not harassing the tenants. This can include visiting the property without prior notice, builders/tradesman arriving at the property without prior notice and generally leaving the property in a poor condition for the tenants.

The Tenant

- Paying Rent on time

- Ensuring that bills are paid and on time

- Contacting the Landlord notifying of any repairs needed

- Issuing the Landlord with the correct period of notice before they leave

When both parties have signed the tenancy agreement it is very rare that it can be changed unless the tenant and the landlord agree mutually. For example if a tenant has signed an Assured Shorthold Tenancy Agreement for a minimum period of six months and the tenant wanted to leave after just three months, then they may be liable to pay the remaining three months unless a break clause is written into the original tenancy agreement signed.

As a tenant there are certain steps that they need to take to terminate their tenancy agreement. Under normal circumstances they would give the landlord notice that they are leaving. Even if this is not written into the tenancy agreement, it is common courtesy to let the landlord know so that the landlord can begin necessary preparations to source new tenants when they vacate.

Different Types of Tenancy

If a tenant pays rent to a private landlord and live in a flat or house that is not shared with the landlord, the tenants are likely to have:

? an assured shorthold tenancy
? an assured tenancy, or
? a regulated tenancy

This applies even if the tenants have a room in a house that is shared with other people. The type of tenancy also depends on the date the tenants moved in.

Assured shorthold tenants

If tenants moved in after 27 February 1997, they are more likely to be on an assured shorthold tenancy agreement. Although it is still worth checking as tenants may be on an assured tenancy agreement if the landlord said that the tenancy would be an assured tenancy rather than an assured shorthold tenancy before they moved in.

An assured shorthold tenancy agreement gives the landlord a guaranteed right to repossess the property at the end of the term. This is the most common tenancy agreement used for most residential tenancies.

Assured tenants

If tenants move in after 15 January 1989 but before 28 February 1997 and the landlord didn't give notice stating that the tenancy agreement was to be an assured shorthold tenancy agreement, then it is likely that the tenants may have an Assured Tenancy. Although the landlord may have given the tenants a notice stating that the tenancy agreements is an assured tenancy rather than assured shorthold tenancy.

You may also be an assured tenant if you became the tenant because the tenancy was passed to you after a regulated tenant died.

Regulated tenants

If the tenants moved in before 15 January 1989, it is likely that the tenants will be on a regulated tenancy. A regulated tenancy can remain in place even if the landlord changes or the tenant moves.

Jennifer Tweed is the founder of buytolet4sale.com, one of the UK's first property portals dedicated to all types of investment property for sale and everything you should need for your sale and purchase. Learn more about buy to let

In The News:


This week's top commercial real estate transactions
Dallas News
Anew Business Solutions has subleased 30,000 square feet of warehouse space in 360 Mayfield Business Center at 3460 S. Watson Rd. in Arlington, from Invacare Corp. Michael W. Spain of Bradford Commercial Real Estate Services negotiated the lease ...


Miami Herald

Miami real estate is so expensive that locals are moving out
Miami Herald
For decades, Americans looking to retire or to get a fresh start have fueled massive population growth in South Florida. But that long-standing trend might be coming to an end, according to new Census estimates analyzed by university researchers in Miami.

and more »

How this Bham real estate titan went from the classroom to the closing table
Birmingham Business Journal
She said her father gave her a real estate course as a present while she was teaching, saying she would never be able to support herself on a teacher's salary, and that she was a born salesperson. Eventually Ingram went on to leave the classroom and ...


Channel3000.com - WISC-TV3

Residential and Commercial Real Estate Updates
Channel3000.com - WISC-TV3
Michael C. Morey is the vice president of Oakbrook Corporation, a full-service real estate advisory company offering property and facility management, brokerage, investment sales and acquisitions, construction management, and development services for ...

and more »

Real Estate Values Climb Compared to February Last Year
MainePublic.org
February saw a hike in real estate values in Maine compared to the year before, but a decline in the number of homes sold. The Maine Association of Realtors says the statewide median was up 12.5 percent to $180,000 during the month of February. However ...

and more »

GoDanRiver.com

Dan River Region real estate transfers
GoDanRiver.com
Jeanne L. Hoepner executor William Eugene Lewis Estate to Teresa Moore Shields, Unit 313 Building 16, Phase V, Cabin Creek, 313 Seminole Trail, $20,000. » Danville Properties Corp. to Brenda L. Carter, lot 10, block four, 733 Kemper Road, $15,000.


APEX Media

Premium Real Estate: How Seating Innovations Alter Cabin-Space Economies
APEX Media
LOPA, an industry acronym for “layout of passenger accommodation,” more commonly referred to as seat configuration, helps airlines maximize cabin real estate and compete on passenger experience. Over the past 20 years, designers have been arranging ...


Muncie Star Press

MCS turmoil to destroy real estate market?
Muncie Star Press
MUNCIE, Ind. — A Ball State University economist predicts that Muncie Community Schools' financial difficulties will speed up student departures and "absolutely destroy" the 2017 real estate market in Muncie. But real estate agents remain optimistic.


Wicked Local Arlington

Arlington resident recognized for real estate commissions
Wicked Local Arlington
Bradley has been working in the real estate industry for more than 12 years and has extensive experience in new construction and has built strong relationships with local developers during his tenure representing both buyers and sellers in new ...


Real estate seminar offers peek into local market's future
New Orleans CityBusiness (blog)
The outlook for New Orleans-area real estate and its impact on economic development will be discussed at two upcoming seminars presented by The University of New Orleans Institute for Economic Development and Real Estate Research. The meeting to ...

Google News

How To Simplify Your Real Estate Buying/Selling Experience

Today's real estate consumer has a lot to consider during... Read More

Home Appraisal Values Are Critical

To most, owning a home is a necessity, but sometimes... Read More

Tenant/Buyers Have Multiple Options

Lease Purchasing affords the tenant/buyer a wonderful opportunity to get... Read More

A Real Estate Investing Primer

There are a great many books and web sites devoted... Read More

Buying Your First Investment Property

"Begin With The End In Mind"I first heard the phrase... Read More

Quality of Life in Sussex County Delaware. Facts, Statistics, Observations and even opinions!

We Sussex Countians are fortunate in many ways as we... Read More

Home Sellers Warning for Young Families

If you're thinking about selling your home and moving up,... Read More

Bubble, Bubble, Toil and Trouble?

We are selling our house. We have lived here for... Read More

We Buy Houses Scams ? How to Spot Them and How to Avoid Them

There are many reasons why a home owner would want... Read More

Are Condo Hotels What the Orlando Real Estate Investor Has Been Looking For?

Earlier this year the Hawthorn suites in Lake Buena Vista... Read More

Finance Your Real Estate Investment Properties

Unlike traditional residential real estate mortgages, real estate investment financing... Read More

Finding A Capable Agent To Meet Your Real Estate Needs

Whether you're a first-time buyer, selling your current home or... Read More

Writing on the Wall - Are REITs a Better Investment for You?

When I was a young child I had many annoying... Read More

An Estate Planning Primer

An estate plan can be designed by clients and their... Read More

Sell your Property Faster

Learn how to sell your property faster and at the... Read More

Commercial Real Estate: Assessing The Unique Features Of Commercial Real Estate Parcels

As commercial real estate development progresses into the 21st century,... Read More

The Value of Building Home Equity

There are numerous advantages to owning a home. One of... Read More

Realities of Real Estate Investing

If you are anything like me, you are always looking... Read More

Property Investment Strategy: Securing Properties with Little or No Deposit

Property Investing often requires creative strategies to make it successful.... Read More

Burn, Baby, Burn!

Luxury homes are lots of fun to inspect. Sure, the... Read More

Buying a Home -- Is a Home Inspection a Good Idea?

To avoid "buying a pig in a poke," buyers have... Read More

The Great Real Estate Bubble Quiz

You hear it asked on the radio, in the newspapers... Read More

Real Estate, Real Property and Leased Land; Definitions, Discussion and Explanations

Delaware, and the rest of the original British Colonies, has... Read More

OPM - The Art of Leveraging

Equity lender, hard money lender, private investor or what ever... Read More

Buying Real Estate Thats Not For Sale

Buying real estate can start with a look in the... Read More