PlanetRent: Tenancy agreements made easy
Produce tenancy agreements fast with PlanetRent
Tenancy agreements are either not read or are difficult to understand. Or at least that's the way it looks from a report we spotted earlier this week in Landlord Today. When renters have questions about their rights and responsibilities, they are turning to Google for the answers, says the article.
No surprise there we hear you say. After all the internet is everyone’s first port of call if they need to know something. But most of the questions being searched aren’t complicated – in fact, they are pretty basic. Clearly, tenants aren’t reading their rental agreement - or would rather not have the hassle of speaking to their letting agent or landlord to get an answer. Research from Boiler Plan reveals the most common questions private renters asked Google in April. They were:
- Can landlords increase my rent - 3,200 Google searches
- Can my landlord evict me – 1,880 Google searches
- What are my responsibilities as a tenant – 1,600 Google searches
- Can letting agents charge fees – 760 Google searches
- Can my landlord keep my deposit – 550 Google searches
- What are tenancy fees – 250 Google searches
- Can you paint a rented house – 220 Google searches
- Does the landlord have to fix my boiler – 130 Google searches
- What repairs is the landlord responsible for– 110 Google searches
What is our view?
Our view is that tenants should always be asked to read their tenancy agreement and come back to the agent or landlord with the kinds of questions we’ve just listed. Some of these, such as issues around boilers, repairs and redecorating may not crop up until later in the tenancy but basic questions about rent, eviction and deposit monies should be ironed out right from the start.
That way everyone knows where they stand. Of course renters won’t read their agreement if it runs to 50 pages, so landlords should keep their paperwork short and to the point. By using our new cloud-based letting platform PlanetRent, landlords can keep tenancy agreements simple.
PlanetRent generates tenancy agreements in a matter of minutes, making them fast, accessible and easy to use. PlanetRent is lettings automated. It puts you, the landlord, in the driving seat and helps you provide your tenant with everything they need to make their lettings journey simple and painless. We have a killer pricing model too. So why not check out PlanetRent today. www.planetrent.co.uk Why not READ our Property Blog too at www.ringleypropertyblog.co.uk
Planetrent Properties
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.