Landlords: Tracking compliance & appliances made easy!
Mary-anna Bowring 15/05/2020
2074
How complicated is landlord compliance?
Landlord compliance is complicated. Regulations around renting a home are many and some come with big fines for breaches.
Already this year, anyone letting a home to rent has had to contend with the MEES Regulations and changes to energy efficiency standards, while new rules on electrical safety inspections are coming from 1 July. A whole series of other regulations such as right to rent, smoke alarms, carbon monoxide detectors and gas safety checks are also down to the landlord to enforce. So we’ve made it easy to keep track of all the latest rules and regs with our newly launched cloud-based lettings platform, PlanetRent. PlanetRent allows all key documents and files to be accessed virtually. In just one click, all new tenants are provided with legally required documents such as a copy of the Government’s How to Rent checklist and Deposit Protection Scheme details, as well as energy performance and gas safety certificates.
How do we give Landlords peace of mind?
This gives landlords peace of mind that every legal box is ticked and helps you avoid compliance-related fines that could cost you as much as £20,000. Our real-time compliance dashboard tells you exactly what needs doing when: Property Compliance: EPCs, Gas safety, HMO Registrations, PAT testing, Passport expiry dates, Deposit certificates, Inventories. Tenancy compliance: Right to rent cheques, deposit certificates. Equipment log: White goods asset register, meter MPAN/MRPN/SPID No’s , meter locations & serial numbers & boiler maintenance contracts. PlanetRent automates compliance reports to land on your desk weekly or monthly and/or go direct to your compliance manager or accountant. And best of all, our lettings software means that when the law changes, so do your processes.
It's easy - and it's automated. Other competing rental platforms don’t include reports or compliance visibility for landlords but don’t take our word for it. Our killer pricing model means you can pay-as-you-go, and there are no sign-up fees or subscriptions. So why not check out PlanetRent today and find out for yourself how it can save you time, money and hassle – and give you the comfort of knowing that your properties are fully compliant with all the legal requirements. www.planetrent.co.uk.
Why not READ our Property Blog too at www.ringleypropertyblog.co.uk
Planetrent Properties
info@planetrent.co.uk
0208 0599 550 (for sales)
Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.