Goadsby Knowledge Hub

Knowledge Hub

Welcome to our Knowledge Hub. Here, you will be able to keep up with important information regarding the commercial and residential property markets as well as access to our ‘how to guides’. If there is anything you would like more information on that we haven’t covered, why not drop us a line.

Tenants FAQ's

Find the answers to the questions we get asked the most from tenants about renting a property.

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A Students Guide to Renting

Once you have finished your first year in halls in is time to find private accommodation. Here’s a view helpful hints to find the right student property for you.

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How to get your property ready to rent

If you haven’t purchased the property with a specific buy to let mortgage you must contact your mortgage company or financial lender. Once you have determined that your property can be rented out, request the approval in writing for your records.

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Letting to Students

Why should a student landlord choose Goadsby? Goadsby can assist in making sure that your property complies with the HMO licencing conditions.

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Once you have purchased your buy to let property

Legislation and regulations can make the lettings industry a minefield. Updates to legislation are frequent and non compliance can lead to fines and even custodial sentence’s it is therefore advised that you use an experience and reputable letting agent to ensure you are compliant and kept up to date with new and changes to legislation.

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Before purchasing a buy to let

You could be searching for the highest possible return immediately, or wish to find the best property for long term capital growth. Most investors want a balance of both income and capital appreciation and see investing in property as an appealing alternative to low interest savings accounts, pensions and volatile stocks and shares.

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Right To Rent

Effective from 1st February 2016 the Right to Rent is a check a landlord, agent or householder renting out property should make to ensure that the prospective tenants or occupants have a right to rent

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Smoke Alarms

The Building Regulations (1991) state that all properties built since June 1992 must be fitted with mains operated interlinked smoke detectors/alarms with at least one detector per floor level.

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Electrical Safety in Rental Property

Apart from the Landlord's Common Law duty of care, the Landlord & Tenant Act 1985 (and several other statutory regulations see below) requires that the electrical equipment is safe at the start of every tenancy and maintained in a safe condition throughout the tenancy. Electrical hazards are also covered by the Housing Health and safety Rating System under the Housing Act 2004.

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A Landlord's Guide to Gas Safety

These regulations were introduced under the jurisdiction of Health and Safety at Work Act 1974 (subsequently referred to as the “Act”) and are designed to provide standards for the installation and maintenance of the general provisions in the regulations for all new gas pipe work and appliance installations and conditions for ongoing maintenance.

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The Furniture and Furnishings (Fire Safety) Regulation 1988 (Amended 1993)

The purpose and reason for these regulations is to reduce the incidence and possibility of death which can occur at a property when a fire takes place and the occupants are asphyxiated by the poisonous fumes produced from non-compliant furniture. To reinforce the seriousness of this matter the offence carries a punishment of six months imprisonment or a fine, which is currently £5000 or both.

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Tenants Guide To Renting

Prior to starting to look for rented accommodation it is important to budget carefully and calculate what monthly rental you will be able to comfortably afford. When calculating you must include the additional costs of council tax, utilities and telecommunications as these are rarely included in the asking rental.

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