Tenancy Deposit Scheme
A deposit is paid by the tenant at the start of a tenancy to safeguard against damage. Since April 2007, all new Assured Shorthold Tenancies must be registered with a government-backed tenancy deposit protection (TDP) scheme within 30 days of receipt of the deposit. If you are not using our Rent Collection or Full Management Service you need to make sure that you register with one of the three schemes available.
Landlords should be aware that there are significant penalties for failing to comply with deposit protection requirements and must ensure that a Prescribed Information Sheet is issued when registering a deposit. As part of our Rent Collection and Full Management services we collect a deposit from the tenant which is equal to six weeks rent. AJ Home Solutions is registered with My Deposits, Deposit Protection Service which means your tenant‘s deposit will be held by them for the duration of the tenancy. We will register the deposit on your behalf and liaise with their dispute service should the need arise at the end of a tenancy. We will also provide your tenant with the name and contact details of the TDP scheme and its dispute resolution service, which is a legal requirement.
Smoke and Carbon Monoxide (CO) Regulations 1st October 2015
You must understand how to: - Identify and assess sources of risk, manage any risks, prevent or control any risks, keep and maintain the correct records, carry out any other duties you may have. Legionellosis is the collective name given to pneumonia-like illness caused by legionella bacteria. This includes the most serious Legionnaires’ disease, as well as the similar but less conditions of Pontiac fever and Lochgoilhead fever.
Moving Your Tenant InTenancy Agreement
Moving Your Tenant InCollecting rent
As a Landlord, you are responsible for assessing your own tax for rent received. Below is some basic guidance on taxation matters relevant to Landlords; however, we would always recommend you seek independent financial advice from an accountant or Tax advisor on tax matters.