Frequently Asked Questions

Tenant referencing?

Passion for Property use an external referencing agency which carry out credit searches,

Shall I leave my home furnished or unfurnished?

Furnishing a property will not mean an increase in rental income, in fact there is more demand for unfurnished - especially 3 or 4 bedroom homes, which appeal to families who are relocating and prefer top bring their own furniture as opposed to incurring storage costs.
For apartments there is slightly more demand for furnished - for the corporate clients, but still demand for unfurnished flats.

Insurance

Passion for property have specialised buildings and contents insurance specifically tailored to Landlords needs.

How will I get paid?

If the property is managed by passion For Property we will transfer the rent by o line banking and transfer monies within 5 working days of receiving cleared funds.
For introduction only properties, we provide tenants with landlord's bank account details on move in day

Deposit

The Deposit Protection Service will hold the security deposit, the tenant will be notified within 28 days stating the Tenant ID. Information can be then requested from www.depositprotection.com or by phone on 0870 7071707 quoting ID and the surname.

Length of tenancy?

The majority of tenancies are on an assured short hold for a period of 6 months. Shorter tenancies can be created. After the initial 6 months has expired, the tenants often stay on by rolling on a monthly contract, under the same conditions as the original agreement. Should they wish to vacate, they would give 1 month's prior notice in writing.

End of tenancy?

If the tenants have served notice and the landlord wishes to relet the property we will market it immediately, having 4 weeks in order to find new tenants before the dreaded void period!

Legal requirements?

As a Landlord, you must provide a landlords gas Safety Certificate for any property which has gas appliances or gas heating. This must be carried out by a CORGI registered engineer and is valid for 12 months. Passion for property can arrange this if required cost - £55.
Although not yet compulsory, we insist that any property leaving electrical appliances must be tested and passed before any tenancy commences.

Furnishings

Any soft foam furnishings - sofas, mattresses, cushions must have been purchased post 1988, the majority of items will have a sticker on them stating fire compliant. Without the sticker we will need either proof of purchase or a signed letter from the owner guaranteeing that the relevant item was purchased after 1988.