LANDLORD GUIDE SAXON KINGS - Saxon Kings Estate Agents
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LANDLORD GUIDE SAXON KINGS
PAGE SAXON KINGS LANDLORD GUIDE 2 Landlord Checklist OVERVIEW Ensure that the A professional property is well clean is essential When it comes to letting presented, as to ensure your good quality Tenants maintain your property, you want properties your properties reassurance from your attract the condition. agent. Saxon Kings has best Tenants. extensive experience in assisting Landlords with all aspects of the Gardens will be letting process. We pride Achieving the your Tenants best possible ourselves on looking after rental income responsibility, so ensure you your property as if it were is the aim, so leave them low think neutral our own. maintenance and when it comes in seasonal order. to decoration. Most of our Landlords opt for our Full Management Service with regular property visits - giving We will require signed Terms and Conditions you peace of mind that before we can act on your behalf. we are keeping an eye on the condition of your investment. We All Estate Agents also have a team of have to comply qualified, insured and We will need with Anti Money local contractors who one set of keys Laundering to market and/ Regulations, are available should any or manage your so we will maintenance repairs property. require your proof of identity need completing at your and address. property.
PAGE SAXON KINGS LANDLORD GUIDE 3 Saxon Kings. Why Choose Us? PRE-QUALIFIED APPLICANTS 24/7 ONLINE ACCESS Our team of negotiators pre-qualify Your own ‘propertyfile’ to everyone to ensure you always have enable you to check viewing the best possible Tenants viewing feedback, tenancy details and your property. financial statements whenever you want. ACCOUNTABLE PROPERTYMARK Fully compliant PROTECTED with the Property Ombudsman Saxon Kings are an ARLA and their code of Propertymark Agent with practice. Client Money Protection, giving you peace of mind, your finances are safe. EFFECTIVE MARKETING AN EXPERIENCED TEAM We make sure your Everyone at Saxon Kings property gets the receives regular training, so we maximum exposure can inform you of any relevant through social media changes in legislation. and all the major property portals. TENANT SUPPORT Tenants can log-in online at any time to register for property updates, change their requirements or book viewings.
PAGE SAXON KINGS LANDLORD GUIDE 4 Landlord Safety Obligations EPC Rating You are responsible for ensuring that the property is safe, It is a legal requirement to have and that any goods you provide in the form of appliances a valid Energy Performance or furnishings comply with current legislations. Certificate with a minimum We also find that Landlords who provide their Tenants rating of ‘E’ when marketing with a property in good repair and condition secure your property and a copy must longer lets. If you wish, we can arrange some, or all of the be made available to any following on your behalf. prospective Tenants. Gas Safety Certificate The Gas Safety (Installation and Use) Regulations 1998 state it is a Landlords’ responsibility to maintain every gas appliance and all gas pipework within their property. An annual certificate is required to demonstrate compliance by a qualified Gas Furniture & Furnishings Safe engineer, and must be present before any tenancy commences. It is important to check that sofas, beds, bedheads, cushions, pillows and furniture covers still have relevant fire safety labels. All furnishings situated at and incorporated within the letting of your property must comply with the requirements of the Furniture and Furnishings (Fire) (Safety) (Amendments) Regulations 1993.
PAGE SAXON KINGS LANDLORD GUIDE 5 Legionnaires Safety Check Landlords have a legal duty to consider, assess and control the risks of exposure to Legionella to their Tenants. In most residential cases a simple water test can be carried out. Smoke & Carbon Monoxide Alarms It is a legal requirement to install a working smoke alarm on every floor of a rental property. Portable Carbon Monoxide alarms must be installed in any room with a Appliances solid fuel installation e.g. a wood burning stove. The Electrical Equipment (Safety) Regulations 1994 require Landlords to ensure that all electrical equipment is safe. We would recommend that all Landlords have at a minimum a Portable Appliance Test carried out by a qualified and registered NICEIC electrician. We would also strongly advise that a visible wiring test is carried out prior to any tenancy commencing.
PAGE SAXON KINGS LANDLORD GUIDE 6 Lettings Process Overview Before going on to the market, we will discuss with you what you are looking to gain from the process, and how we can deliver to your requirements and time-scales. Relevant Permission Prior to any tenancy commencing you should inform your mortgage provider, freeholder where applicable and also your insurance company. All of these parties should be informed; otherwise you could find yourself not being adequately covered during your tenancy. Tax on Rental Investments All rental income arising from property in the UK is subject to tax. UK residents can complete HMRC Self Assessment tax return to declare this income. Overseas landlords must be taxed at source, unless their agent has permission from HMRC to pay gross rent to them. You can view your statements in “propertyfile” at anytime 24/7 online. Insurance As a Landlord, you must have buildings and contents insurance in place at all times and these should be specific to the rental property. Our Landlords can benefit from preferential rates with certain companies; further details are available from our lettings team. Referencing and Right to Rent Check We may use the services of an independent and external company to carry out a credit check reference on all prospective Tenants; rent guarantee with legal cover may also be available just ask our lettings team for more details. Where applicable we will also carry out employment reference checks and approach any previous Landlord. The Landlord is required by law to check the Immigration status of any prospective Tenant before entering into a tenancy with them.
PAGE SAXON KINGS LANDLORD GUIDE 7 Tenancy Agreement Keeping up to date with the relevant changes in legislation can be demanding, and so we ensure all our documents are prepared to fully protect your best interests. Saxon Kings will then arrange for all parties to sign a tenancy agreement prior to a tenancy commencing and provide you with a copy. Tenancy Deposit Scheme We protect all deposits with one of three Government approved Tenancy Deposit Schemes. The inventory is one of the most important documents - next to your rental agreement. Each tenancy will require a full inventory prior to commencement to ensure that the condition is accurately noted, especially with regards to whether any damage is ‘fair wear and tear’ or in fact the Tenant is responsible. An inventory is required in all cases now where any dispute over a deposit is raised. Deposit Deductions If we are acting as your managing agent, we put a useful distance between you and your Tenant whilst negotiations are carried out. Should the proposed deductions not be agreed between the Landlord (or the managing agent) and the Tenant, then the disputed amount will be transferred to the deposit protection scheme. Their dispute resolution service will determine the outcome based on the evidence provided by both Landlord and Tenant. At the end of a Tenancy We will endeavour to contact both parties before the Don’t Forget end of the tenancy; negotiate a tenancy extension It is your responsibility to update as required and prepare necessary paperwork. the local authority and relevant Alternatively we will be able to re-market the utility providers with your new property to find replacement Tenants if required. contact details.
PAGE SAXON KINGS LANDLORD GUIDE 8 Terms & Conditions 1 Parties 2.5 if the property is subject to This agreement and terms & a mortgage, permission has conditions; which includes the been obtained from the terms set out on the Confirmation mortgagee to the letting. of Instruction and Terms of Business It should be noted that Form on page 20 (“the Form”) is the mortgagee would usually made between: have power to terminate 1.1 Saxon Kings, 7 Park Road, the letting if mortgage payments are not maintained Kingston upon Thames, and other requirements KT2 6BX (herein referred to as they set are not complied ‘Saxon Kings / we’) and; with. You should advise us if 1.2 The landlord or, if more than there is a mortgage in place one, the landlords named on so the requisite notice can be the form, on page 20 (herein served on the Tenant. referred to as ‘Landlord/you’). 3 Prior to letting 2 On accepting instructions Unless Saxon Kings are in receipt We will assume the following: of sufficient funds to do so, and 2.1 any intended letting is have agreed otherwise prior to the permitted by the terms commencement of the Tenancy, of your lease you are responsible for ensuring 2.2 any Tenancy is for a period that the property is in good expiring prior to the condition for letting. termination of your lease In particular, you will ensure the 2.3 the written permission of your property is professionally cleaned Landlord, if necessary is and in good repair with all obtained for sub-letting appliances in working order. It is a 2.4 the written permission from legal requirement to provide any any joint owner(s) has prospective applicant for a Tenancy been given with a valid Energy Performance Certificate (EPC).
PAGE SAXON KINGS LANDLORD GUIDE 9 Terms & Conditions The property must also comply with such as ground rent and service all current legislation regarding the charges. Please note however, that Gas Safety (Installation and Use) it is normal for the Tenant to take Regulations 1998, The Smoke & over responsibility for all utilities, Carbon Monoxide Alarm (England) television, telephone/ broadband Regulations 2015; Electrical accounts and council tax during a equipment (Safety) Regulations Tenancy. 1994 in addition to all Furniture and Furnishings (Fire) (Safety) 5 (Amendment) Regulations 1993. Fees We will contact you for approval of The appropriate testing and valid any potential Tenant(s) or agree in certificates are mandatory prior to advance with you the extent of our any Tenancy commencing. If we are authority to accept a Tenancy on not supplied with valid certificates your behalf. we may instruct contractors to carry out the relevant testing at Once a Tenant whom we have a cost to the Landlord. A referral introduced has entered into an fee may be paid to Saxon Kings agreement, our Letting Service from any contractor/supplier commission is payable, in full, in instructed on your behalf, at 10% advance, on commencement of of the total invoice. Details of such the Tenancy. Our commission income received by the Agent can is an agreed % of the total rent be provided to the Landlord on payable for the initial term of the request. Tenancy, subject to a minimum of £900 (£750+vat). ‘Rent’ includes any payment to be 4 Rent made by the Tenant for the use of We will agree with you a rental the property, whether expressed as price to be quoted for the property. rent premium, or any other form of Unless specifically agreed otherwise payment and whether paid directly this will include all payments by the Tenant or obtained by other for which you are responsible, means such as a deduction from
PAGE SAXON KINGS LANDLORD GUIDE 10 Terms & Conditions the Security Deposit. If we are viewings on the property you will providing our Management Service be bound by all of its terms. (which includes rent collection on your behalf), we will deduct our 6 management fees on a pro-rata Letting Service 8.4% basis from the rent we collect (7%+VAT) and pay the balance over to you The services included in our within 5 working days of receipt of commission are as follows: cleared funds. Please note that if 6.1 marketing the property we are providing our Letting and online and via other Management Service, we reserve advertising mediums the right to collect our Letting including erecting an Service fee at the commencement advertising board of the Tenancy. 6.2 accompanying prospective Tenants to view the property Saxon Kings are entitled to retain and receiving offers interest earned on any money 6.3 confirming the details of any held on the Landlord’s behalf and offers in writing to both any commission or referral fees parties including any special from but not limited to insurance conditions companies, referencing companies, 6.4 verifying Right to Rent utility companies, contractors documents; a fee of £60 (£50 and any fees charged to Tenants +vat) will apply for this and while acting on the Landlord’s all subsequent checks. behalf. Commission will be due to 6.5 collecting up references, via Saxon Kings if at anytime a lease a credit referencing company is signed with a Tenant who has or bank, employer, previous been introduced to the property Landlord if applicable and/ during the period of our agency or personal reference. agreement. Should you not sign A company search can be this agreement prior to instructing undertaken if required and us to start marketing and accept would be charged separately
PAGE SAXON KINGS LANDLORD GUIDE 11 Terms & Conditions 6.6 arrange for both parties to at your request when instructed to sign a Tenancy Agreement let only will be £150 (£125+vat) per 6.7 prepare a breakdown of costs hour. for the Tenant(s), and arrange for payment by the Tenant(s) 7 of the initial rent to the Rent Collection 9.6% Landlord or Saxon (8%+VAT) Kings’ account We will collect rent payments on 6.8 collecting any security deposit your behalf as specified in the paid by the Tenant (subject Tenancy Agreement. Saxon Kings to the Tenancy Agreement will not be responsible for any late agreed between both parties) payments made by the Tenant. 6.9 providing guidance on safety and legal compliance We will transfer funds to your nominated bank account less After the initial fixed term we will any Rent Collection fee within 5 charge renewal commission if the working days of receipt of cleared Tenancy is renewed - whether or funds. not we are instructed to act for the Landlord, if the Tenant remains in Should you require a copy of occupation. Our renewal fee for previously sent statements, these our Letting Service is reduced by will be charged at £12 (£10+vat) per 2.4% (2+vat) for each subsequent copy. An Income and expenditure renewal, subject to our minimum report can be prepared at £60 fee. Renewal fees are due in (£50+vat) per report. advance for the length of any renewal, extension or holding over The demand of Rent in the absence of the tenancy. If you wish Saxon of payment which will take the Kings to conduct any ad-hoc visits form of a series of telephone calls, or mid tenancy property visits, our emails and letters to the Tenant charge for this will be £60 (£50+vat). requesting payment. The Rent Managing any maintenance/ repairs Collection Service does not include
PAGE SAXON KINGS LANDLORD GUIDE 12 Terms & Conditions taking legal action against the charges, demands or Tenant regarding late or non – estimates. payment of Rent. If the Rent is paid Although we use our best late or there is non-payment of endeavors and query any Rent, the Landlord will be notified obvious discrepancies as we at the earliest possible opportunity. uncover them, we must The Landlord will still be liable for emphasise that we are Saxon Kings Commission and Fees entitled to accept and and agrees to submit payment will pay on your behalf by bank transfer or cheque upon demands and accounts, which written demand. appear to be correct at the time of such payments. 8.3 We will carry out property 8 Management Service 12% visits every six months after (10%+VAT) the commencement of the The services included in addition to Tenancy and will continue our Letting Service are as follows: to do so until the expiration 8.1 We will collect rent payments of the Tenancy, unless on your behalf as specified in otherwise instructed. It should the Tenancy Agreement. be appreciated that any such 8.2 We will arrange to pay on visit will be of a cursory nature your behalf from rent received and will include only apparent any outgoings such as renewal or obvious defects and will not of safety certificates, utility amount in any way to a bills, council tax, service structural or complete survey. charges, ground rent, Any further property visit by us insurance premiums etc. that or survey carried out by a we are made aware of. Saxon qualified surveyor would be by Kings cannot accept special arrangement and responsibility for the adequacy subject to an additional fee. or otherwise of any insurance 8.4 Management includes the cover, nor can we investigations of defects, verify service/maintenance which may come to our
PAGE SAXON KINGS LANDLORD GUIDE 13 Terms & Conditions notice, or any defect, which is £350 Saxon Kings will charge properly brought to our an arrangement fee attention by the Tenant. equivalent to 10% (+ vat) of Work costing up to £150 the total works invoice. for any one item will be dealt Saxon Kings will charge with as they arise by Saxon the same arrangement fee for Kings without further works carried out on your instruction from the behalf which is not classed as Landlord. Where works are routine maintenance. likely to exceed £150 as 8.5 We will hold a set of keys at advised by the relevant our office to be used in the contractor, we will contact event of any emergencies. you prior to instructing The Landlord must supply one works except in the case of set for each Tenant and an emergency. We will in addition one set for Saxon endeavor to use any Kings. If you are unable to contractors that you have supply the necessary keys, we specifically nominated for will cut additional keys on repair work at the property your behalf at your expense in but cannot guarantee to addition to an administration do so. Where works, repairs, fee of £30 (£25+vat). replacements or necessary 8.6 Where we are required to repairs are likely to cost accompany non-Saxon Kings more than £350 we will contractors, utility companies wherever practical submit etc. to a Property a charge of to you proper estimates, £60 (£50+vat) per hour will the exception being cases be payable by the Landlord. of an emergency. Upon your 8.7 Where we are required acceptance of any estimates, to supply/provide and deliver providing that we are in or collect temporary heaters receipt of funds, we will to a Property a charge of £60 instruct contractors. For (£50+vat) will be payable by work arranged which exceeds the Landlord.
PAGE SAXON KINGS LANDLORD GUIDE 14 Terms & Conditions 9 Terms of Management cover the cost. Unless otherwise agreed in Our standard management as set advance, our appointment as out above and detailed in clauses 8 managing agent is for the duration and 9 does not apply when the of the Tenancy and any subsequent property is vacant. If you wish Saxon renewal or extension thereof to Kings to conduct a property visit the same Tenant, subject to three whilst your property is vacant, our months written notice to terminate, charge for this will be £60 (£50+vat). in writing from either side. From the moment of instruction 10 and during the full term of Tenancy Agreement management, we will hold a We will, unless instructed otherwise maintenance reserve of £150 draw up a Tenancy Agreement from the rent received, to enable in accordance with current us to instruct works to be carried Housing Act legislation and insert out on the property, both in an any applicable extra clauses as emergency and in the normal necessary. The fee payable for the course of management. We reserve preparation and execution of the the right to reimburse this working new tenancy and all associated balance out of net rent received administration is £120 (£100+vat). from the Tenant. Such funds are For familiarising ourselves with the held in Saxon Kings’ client account Terms of any Tenancy Agreement and as the balance will fluctuate provided by the Landlord / no interest is payable. We cannot Landlord’s Solicitor we will charge service any outgoings exceeding the £60 (£50+vat). amount held by us on your account. In particular please note, that in 11 no circumstance will we arrange Insurance works prior to a letting (whether Your property and contents must requested by the Landlord or the be comprehensively insured. You intended Tenant), unless we are must inform your insurers of your already holding sufficient funds to intention to let the property as
PAGE SAXON KINGS LANDLORD GUIDE 15 Terms & Conditions failure to do so may mean rejection custodial scheme which is known of any future claim. as the Deposit Protection Scheme. In addition, a further order will be made requiring you to pay 12 Deposit compensation to the Tenant of an Unless otherwise instructed, the amount equal to three times the amount of deposit for each letting Deposit. You will be unable to serve will be a maximum of 5 weeks rent. a Section 21 notice on your Tenant until compliance with the above Where Saxon Kings register the conditions, and the Court will not deposit on your behalf a fee grant you a possession order. Saxon of £60 (£50 + vat) will be charged Kings has no liability for any loss for this service. Where Saxon Kings suffered if you fail to comply. hold the deposit on your behalf it At the end of the tenancy covered is as stakeholder; no interest will be by the Tenancy Deposit Scheme: payable. Saxon Kings is a member 12.1 If there is no dispute Saxon of an approved Tenancy Deposit Kings will keep any amounts Scheme. agreed as deductions where expenditure has been Further details are available on incurred on behalf of the request. If you decide to hold the Landlord, or repay the whole Deposit yourself, we will transfer it or the balance of the Deposit to you within 7 days of receiving according to the conditions of it. You must then register it with the Tenancy Agreement with another Tenancy Deposit Protection the Landlord and the Tenant. Scheme within a further 7 days if Payment of the Deposit will the tenancy is an Assured Shorthold be made within 10 working Tenancy. If you fail to do so, the days of written consent from Tenant can take legal action against both parties. you in the County Court. The court 12.2 If, after 10 working days will make an order stating that following notification of you must pay the Deposit back a dispute to Saxon Kings and to the Tenant or lodge it with the reasonable attempts have
PAGE SAXON KINGS LANDLORD GUIDE 16 Terms & Conditions been made to resolve any fully with the ICE and follow differences of opinion, there any recommendations remains a dispute between concerning the method of the the Landlord and the Tenant resolution of the dispute over the allocation of the Deposit it will be submitted 13 to the ICE for adjudication. All Inventories parties agree to cooperate Should you wish us to arrange on with any adjudication. your behalf an inventory by an 12.3 The statutory rights of either independent inventory company you/the Landlord or the prior to keys being released, then Tenant(s) to take legal action you must advise us on page 20. against the other party remain We cannot be held responsible for unaffected. any error or omission on the part of 12.4 It is not compulsory for the the inventory company. The fee for parties to refer the dispute making the inventory is payable by to the ICE for adjudication. the Landlord, the fee for checking in The parties may, if either party and also checking out the inventory chooses to do seek the is payable by the Landlord. The decision of the Court. appropriate sums will be charged However, this process may to meet the inventory company’s take longer and may incur invoice. further costs. Judges may, Saxon Kings will release keys to the because it is a condition of tenant upon commencement of the Tenancy Agreement the Tenancy (subject to both parties signed by both parties, refer having signed the Tenancy the dispute back to the ICE for Agreement and cleared funds adjudication. If the parties having been received). do agree that the dispute should be resolved by the ICE, they must accept the decision of the ICE as final and binding. 12.5 Saxon Kings must co-operate
PAGE SAXON KINGS LANDLORD GUIDE 17 Terms & Conditions 14 15 Deposit Administration Instruction of Solicitors At the termination of a Tenancy, Should any rent arrears or breaches subject to the Landlord having of covenant be brought to our arranged an inventory initially, there attention you will be informed. will be a check out and schedule Thereafter should legal action be of condition of the property. Any thought necessary, you will be missing items or damage which responsible for instructing your own may have occurred during the solicitor and for any fees or charges Tenancy will be recorded and pertaining thereto. Saxon Kings a copy will be sent to both the cannot take legal action on your Tenant and the Landlord. The behalf, as the Tenancy Agreement is Landlord and Tenant will endeavor between the Landlord and Tenant, to mutually agree what amount, not ourselves. Should you wish us to if any, is to be deducted from the serve a Section 21 or Notice to Quit security deposit. Saxon Kings shall on your behalf, our charge for this administrate all paperwork and will be £120 (£100+vat). liaise with the relevant Tenancy Deposit Scheme should the 16 Tenancy end in dispute. A fee of Income Tax £120 (£100+vat) will be charged for If you are a resident in the United the service. Where we are providing Kingdom during the Tenancy, any only our Letting Service, we will rental income is treated like any not become involved in any way other investment income and in the agreement of deductions you will be taxed. You accept it is which must be negotiated directly your responsibility to seek advice between the Landlord and Tenant. through an accountant or tax In the event of any dispute, Saxon advisor in respect of this. Kings reserve the right to refer Saxon Kings must comply with the matter directly to the relevant Sections 971 and 972 Income Tax Tenancy Deposit Scheme. Act 2007, which is supported by the Taxation of Income from Land (Non-residents) Regulations 1995,
PAGE SAXON KINGS LANDLORD GUIDE 18 Terms & Conditions SI 1995 No. 2902. The primary legislation. This must be in the legislation was previously in Section form of photographic identification 42A Income and Corporation Taxes such as a passport or driving Act 1988. If you are not a resident license in addition to a utility bill or in the United Kingdom during the bank statement dated within the Tenancy we can provide you with a previous three months and showing NRL1 form from HM Revenue and your current address. Customs. HM Revenue and customs will contact you with an approval/ 19 exemption letter and a copy of this Purchase must be given to Saxon Kings prior In the event that a sale of the to a Tenancy commencing. property should arise directly or Once in receipt of this Saxon Kings indirectly as a result of the letting are able to send rent direct to you to the Tenant(s), leading to an with no tax deduction. We cannot exchange of contracts, we will accept any documentation unless it be entitled to commission on is from HM Revenue and Customs. the sale at the rate of 1% of the sale price. This commission will become payable once the sale has 17 Incorrect Information completed or one month after In the event that you provide exchange of contracts, whichever incorrect information to us, which date is sooner. causes Saxon Kings to suffer loss or causes legal proceedings to be 20 taken, you agree to reimburse and Sale compensate Saxon Kings for all In the event that you sell the losses suffered. property that we have let for you and the Tenancy is to continue, then it is in your own interest to 18 Money Laundering ensure that the purchaser agrees Saxon Kings require proof of to pay the commission due to us identity and residency from you in respect of the remainder of the in order to comply with current Tenancy (including any extension),
PAGE SAXON KINGS LANDLORD GUIDE 19 Terms & Conditions 24 after completion of the sale. If this is Data Protection and GDPR not done you will be liable to pay it We review our retention periods for yourself even though you no longer personal data on a regular basis. We receive the rent. are legally required to hold some types of information for certain prescribed periods to fulfil our 21 VAT legal obligations. Saxon Kings will Value Added Tax will be chargeable continue to store only the personal on all commission at the prevailing data needed for six years after the rate. This rate may change from contract has expired to meet any time to time and the total cost will legal obligations. After six years any change accordingly. personal data not needed will be deleted. Outside of specific legal obligations, 22 Withdrawal Liability we will hold your personal data In the event of the Landlord on our systems for as long as withdrawing the property from the is necessary for the relevant market, after the proposed terms of purposes for which we use it, or the Tenancy have been confirmed in accordance with any retention in writing with satisfactory periods set out in any relevant references you agree to cover all contract you hold with us. Further Saxon Kings costs incurred up to details on this are available from our the sum of £600 (£500+vat). lettings team. 23 Variation of terms End of clauses Any variation of the foregoing Terms and Conditions will only be valid if agreed in writing by a Director of Saxon Kings.
Landlord Guide - Saxon Kings Terms & Conditions of Business To proceed, please confirm your instructions by signing this document with the sections below completed. You should read carefully to ensure that these terms and conditions are comprehensive and that you are not entering into any agreement that you may later dispute. Property address:_ ______________________________ I acknowledge my/our obligations under the Furniture and Furnishings (Fire)(Safety) __________________________________(‘the property’) Regulations 1993, the Gas Safety (Installation I, _________________________________(declare that: & Use) Regulations 1998, The Smoke & Carbon I am the sole legal owner of the freehold/ Monoxide Alarm (England) Regulations 2015 leasehold interest in the property OR and Electrical Equipment (Safety) Regulations I am the joint owner of the freehold/leasehold 1994. I accept that I have full responsibility for ensuring that I/we comply fully with their interest in the property with; ____________________ requirements before and during the letting of ______________ (please print full names) on whose the property. behalf I am authorised to give these instructions I confirm that there are no major repairs, to Saxon Kings to make this declaration. construction or maintenance works which I am I agree to and accept Saxon Kings’ Terms and aware of due to be carried out, or in need to be Conditions, clauses 1 to 24 (inclusive) as set out in carried out to the property, or any adjoining their Landlord Guide and acknowledge receipt of property which the property forms a part of. a copy. The services which I require are: Please provide the bank details to the account Letting Service you wish your rent and security deposit (if applicable) to be paid into: Full Management Service (to include Letting & Rent Collection Service) Bank name: ___________________________________ Rent Collection Account in the name of: _______________________ I instruct Saxon Kings to prepare and issue a Account Number: ______________________________ tenancy agreement as per clause 10 of their terms and conditions: YES / NO Sort Code: _____________________________________ I instruct Saxon Kings to protect the Security Deposit as per clause 12 of their terms I enclose the following documents to comply and conditions: YES / NO with the Money Laundering Regulations 2017: I authorise Saxon Kings to instruct contractors (N.B. You must provide one of the following as on my behalf to carry out the following: proof of ID for each legal owner). Energy Performance Certificate Gas Safety Certificate Colour copy of valid passport Electrical Inspection Smoke & Carbon Monoxide Alarms Colour copy of valid driving license You must provide one of the following dated Inventory Preparation within the past 3 months as proof of your current Check in & Check out home address for each legal owner: For tax purposes, I declare that for the duration Council Tax Bill of the tenancy agreement I shall be: Utility Bill Resident in the UK Bank statement Non-resident in the UK Print Name: ___________________________________ I also declare that should my status change during Signed: ____________________Date: _______________ the tenancy, I will notify Saxon Kings immediately.
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