Landlord Responsibilities
Know What You Need To Do
Relax, we handle everything. Your property, fully managed with little effort on your part
Buildings Insurance
Buildings insurance is a type of insurance that covers damage to the physical structure of your property. This includes walls, roof, floors, and fixtures like bathrooms and kitchens.
It’s important to have buildings insurance because it protects your investment from unexpected events like fires, floods, or structural damage. Without it, you could face huge costs for repairs.
While it’s not legally required, if you have a mortgage, your lender will usually require you to have buildings insurance.
Call Lake District Mortgages to see how they can help with buildings insurance.
What We Take Care Of
Management
We handle all aspects of tenant relations, from finding and screening tenants to managing lease agreements, renewals, and handling any tenant queries or issues.
Maintenance
We oversee all property maintenance needs and repairs, working with contractors, and ensuring timely and quality work to keep your property in top condition.
Admin
We manage all financial aspects including rent collection, deposit handling, producing regular financial reports, and ensuring compliance with tax obligations.
Compliance
We keep the property compliant with all housing laws and regulations, stay updated with any legal changes, and ensure all necessary safety certifications are up to date.
Consent to Let
Consent to let is permission from your mortgage lender that allows you to rent out your property. If you have a residential mortgage, you’re typically required to get this consent before you can legally rent out your home.
It’s important because renting out your property without consent could violate your mortgage terms. This might lead to penalties or require you to switch to a buy-to-let mortgage.
To get consent, contact your mortgage lender. They might review your financial situation and property, and there could be conditions or a fee involved.
Give us a call for us to help with Consent to Let mortgages.
It’s not necessary with a fully managed service, but you may choose to stay informed about your property’s condition and tenant satisfaction.
You’ll need to ensure timely payments for the management services, along with any mortgage, insurance, or property taxes due.
Typically, the management company handles tenant screening, but you can discuss your preferences or be involved in the process if you wish.