Since October 2015, landlords have been subject to stricter regulations when it comes to supplying their tenants with certain pre-tenancy information. Unfortunately, there are many landlords who are still not aware of these requirements and their omission can cost them the ability to evict their tenants.
When a landlord takes on a new tenant under an Assured Shorthold Tenancy Agreement, they usually receive a deposit payment from the tenant at the commencement of the new tenancy. The amount of the deposit generally tends to be a between 4 and 6 weeks’ rent payment.
Whether you are a seasoned property investor or you are selling your property for the first time, one of the most important documents you will have to fill in during the process is the Property Information Form.
Property is one of the most valuable assets people can own and for some home owners who have multiple properties, it’s more important than ever to protect your assets from fraud. According to a study from Experian, mortgage and property fraud have increased by a staggering 50% in the last year meaning anyone could be at risk if they haven’t taken the right precautions.