Harvey Lets Landlords get their questions answered
Common questions and answers Landlords have about renting property in Scotland:
Yes you will need insurance but this is your choice. As a Landlord it is not your responsibility for insuring any of the tenants personal belongings. You should cover the building and your own fixtures and fittings against perils such as fire and flood. We can get you exclusive money saving insurance deals that are not available on the high street.
We should receive your rent by standing order on the rental due date each month. The due date is typically the date on which the tenant moved in. We undertake to transfer net proceeds to you within 2 working days of receipt, however in reality it is usually same day.
Before you let your property for the first time you should obtain a professional and comprehensive inventory and schedule of condition. This will set out the condition and contents of the property. For Fully Managed properties, Harvey Lets will carry out a professional inventory on your behalf. For Let Only properties we can provide an inventory if instructed.
The deposit is usually equivalent to one month’s rent + £100.00. As part of your legal obligations the deposit must be lodged with a Tenancy Deposit Scheme (TDS) for the duration of the tenancy. Under the Full Management service we arrange for its initial transfer and then release at the end of the tenancy following completion of the inventory check.
Only you know how much time you can spare to deal with your tenant's telephone calls and the resulting work of managing a property on a daily basis. If you wish to manage the tenancy, Harvey Lets can find you a high quality tenant quickly with our flexible Let Only Service.
No, in fact most tenants feel more comfortable when the landlord is not present at viewings.
We work longer opening hours to maximise viewing potential and minimise the number of viewings you have to conduct yourself.
For both services all marketing fees are included in your proposal – there will be no hidden costs or surprises.
It depends on the level of service you choose. We offer 2; Full management and Let Only. The fee is usually payable when a tenant is introduced and enters into an agreement to let your property. This is charged as a percentage of the agreed rental price + VAT at the prevailing rate. Call us today and we’ll discuss the best option to rent your property.
Yes. There are various legal requirements for landlords; from Landlord Registration to Gas Safety Regulations. Harvey Lets you know exactly what you need to do to make you comply with the law – we’ll help you every step of the way.