Maidenhead Property Articles

TENANCY PREPARATION

TENANCY AGREEMENT

The Tenancy Agreement is a legal document and if you are in any doubt over its contents please talk to your solicitor or to us. We use our own Tenancy Agreement except when a Company or Relocation Agency wants to use their own Agreement. Even then you can still talk to us if you have any queries.

The Agreement will usually be an Assured Shorthold Tenancy and will detail the length of the Tenancy, amount of rent due, payment dates, inclusions, exclusions, anything else agreed, such as gardening services included, break clauses etc, as well as many ’standard’ clauses required for the type of Tenancy involved.

INVENTORIES ~ TAKING STOCK

To avoid argument everyone should have a list of everything in the property, and it’s condition at the start, and end of the tenancy, no matter whether the property is furnished or unfurnished.

We always use an independent, professional Inventory Clerk to take stock and so avoid any disputes about the condition and contents of the property. The inventory is a detailed document which will highlight not just the contents of the property, but also the condition and cleanliness of a property and its contents before the agreement starts

It is a very good idea to have the property in the best possible shape before letting - a tenant will only be expected to maintain a property in the condition in which it is found.

FIRST MONTH’S RENT and DEPOSIT

This is collected by us before the Tenancy starts. The deposit is the equivalent of one and a half months rent and is held by us on behalf of the tenant as ‘Stakeholders’. This is then available when agreement is reached between the Landlord and Tenant about how much if anything is needed to cover damages, or cleaning. The Inventory Report helps here to make sure there is a fair straight-forward account of the condition of the property at the end of the tenancy.