Information for Landlords

As a Landlord you have a number of objectives, but most importantly your property needs to be well looked after and maintained in order to maximize its market potential and to protect your investment.

At Millsopps, our experienced lettings agents will help you to maximize your rental return, whilst minimizing the stress involved. They will ensure you have all the information you need, including details on Consent to Let and Landlord Obligations.

Our service levels

Service level 1 - Full Management Letting

  • Accompanied viewings
  • Local newspaper advertising
  • Specialist internet advertising including internal photographs
  • High profile To-Let boards
  • Tenant selection, introduction and referencing
  • Right to Rent Checks
  • Collection and Transfer of rents
  • Detailed Monthly Statement
  • Preparation of Tenancy Agreement
  • Preparation of photographic inventory and schedule of condition
  • Arranging routine repairs and maintenance
  • Four monthly property visits and reports
  • Arranging the annually required the required safety certifications
  • Payment of property related out-goings
  • 24 hr Emergency Maintenance call out service using trusted contractors
  • Registering the deposit with government scheme

Service level 2 - Let & Rent Collection Service

  • Accompanied viewings
  • Local newspaper advertising
  • Specialist internet advertising including internal photographs
  • High profile To-Let boards
  • Tenant selection, introduction and referencing
  • Right to Rent Checks
  • Collection and Transfer of rents
  • Detailed Monthly Statement
  • Preparation of Tenancy Agreement
  • Preparation of photographic inventory and schedule of condition
  • Payment of property related out-goings
  • Registering the deposit with government scheme

Service level 3 - Introduction Only Service

  • Accompanied viewings
  • Local newspaper advertising
  • Specialist internet advertising including internal photographs
  • High profile To-Let boards
  • Tenant selection, introduction and referencing
  • Right to Rent Checks
  • Preparation of Tenancy Agreement
  • Preparation of photographic inventory and schedule of condition

More useful information

Before marketing a property, Millsopps Lettings will need assurance that the Landlord has received Consent to Let from all relevant parties.

If a property is leasehold, permission to let may be required from the freeholder. In order to establish this information, the title deeds and original head lease need to be checked. If in doubt, the managing agent should be contacted for the information.

As a Landlord you have certain legal, safety and tax obligations which must be strictly adhered to.

These regulations came into force in 1994 to insure that gas appliances are safely installed and maintained, to avoid the risks of carbon monoxide poisoning. It is the responsibility of the Landlord to ensure that all gas appliances and gas installation pipe work owned by them are checked for safety at least once a year by a GAS SAFE plumber. In addition, accurate records of the safety inspections and any work carried out must be kept. A current safety certificate must always be available for the Tenant prior to them taking occupation of a property.

Faulty equipment can lead to death and a conviction of unlawful killing on a Landlord. Under the regulations, any appliance that does not conform can be disconnected.

Private sector Landlords will be required from 1 October 2015 to ensure that at least one smoke alarm is installed on every storey of their rented property and that a carbon monoxide alarm is installed in any room containing a solid fuel burning appliance. They also require Landlords to ensure that such alarms are in proper working order at the start of each new tenancy. In addition, the regulations amend the conditions which must be included in a licence under Part 2 or 3 of the Housing Act 2004 (“the 2004 Act”) in respect of smoke and carbon monoxide alarms.
We advise you to contact your accountant for up to date tax advice

Landlords must notify their insurance company so that they can be advised of any additional cover that is required. Failure to do so may result in a policy being void. Millsopps Lettings require a copy of the insurance policy before a let can proceed.

If the property is subject to a mortgage, Landlords must obtain consent from their bank or building society in order to gain consent to let.
The above imposes an obligation on Landlords to ensure that all electrical appliances within the let property are safe. Cabling, fuses and plugs should also be inspected and, as necessary, replaced to ensure the correct rating for that appliance. Other legislation covering electrical installations is currently in force and we strongly recommend that all appliances are regularly checked and serviced.

Whilst your property is rented, the Tenant is responsible for paying Council Tax. The Landlord is responsible for paying it between tenancies whilst the property is vacant. Any further queries related to this should be directed to your local council tax office: http://www.direct.gov.uk/

This regulation applies to the following soft furnishings: sofas, beds, bed heads, children’s furniture, garden furniture suitable for use in a dwelling, scatter cushions, stretch or loose covers for furniture or other similar items.

The regulations do not apply to: curtains, carpets, bed linen (including duvets and mattress covers).

All furniture manufactured after March 1990 is likely to comply, however if labels are not attached to the furniture, compliance is in doubt and the item cannot be left in the property.

The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 require that Landlords have property electrics checked at least every 5 years by a properly qualified person. The electrics must meet standards and Landlords must give their tenants proof of this. We can assist with the arrangement of the certification.

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Table of fees

Description of fee Net (Exclusive of VAT) Monthly % Gross (Inclusive of VAT) Monthly %
Full Management Set Up Fee £375 +VAT 12% £450.00 INC VAT 14.4%
Rent Collection Set Up Fee £375 +VAT 9% £450.00 INC VAT 10.8%
Let Only Service Set Up Fee £475 +VAT N/A £70.00 INC VAT N/A
Tenancy Reneweal Fee £90.00 +VAT N/A £108.00 INC VAT N/A
Additional Property Inspection* £50.00 +VAT (per inspection) N/A £60.00 INC VAT N/A
Court Attendance (Per Hr) £50.00 +VAT N/A £60.00 INC VAT N/A
Serve a Section 21 Notice (LO) £60.00 +VAT N/A £72.00 INC VAT N/A

*Upon owner’s request, please note in the initial first year of tenancy the property will be inspected three times on the managed service.