landlords faqs

The Client Money Protection (CMP) Scheme provides compensation for landlords, tenants and other clients when agents misuse or misappropriate their rent, deposit or any other client funds. Glentworth Lettings has CMP cover through ARLA: Propertymark.

The Right to Rent scheme, which helps to make sure that people renting property in the UK have a legal right to be here, was rolled out across England in February 2016. At Glentworth Lettings we’ve been doing this as part of our referencing process for many years, but if a landlord carries out their own checks they will now need to get an acceptable proof of residency or risk a fine. If we don’t currently handle tenant checks for you, we’d be very happy to discuss how we can help you with this.

The Property Ombudsman (TPO) is an independent body to which landlords can refer any complaint should the agent fail to address it to their satisfaction. We are founder TPO members.

The ARLA Propertymark is the leading professional and regulatory body for letting agents in the UK. ARLA Propertymark is dedicated to protecting consumers by improving standards and professionalism within the lettings industry. Remember, letting agents are not regulated by law. Glentworth Lettings choose to be members of a regulatory body.

Yes. Your mortgage lender needs to give you permission before you can let your property, and they may impose special conditions. If you are buying a property with the intention of letting it out, you may be able to obtain a buy to let mortgage

All landlords could be liable to pay tax on their rental income, whether they live in the UK or are based overseas. Further information can be found on the Inland Revenue’s website.

Choosing a fully managed service allows you to completely relax. You never have to worry about the let. It creates a professional distance between you and the tenancy and means you can avoid having to deal with all the bad bits like rent arrears and deposit disputes.

Landlords and letting agents are required to register tenants’ deposits with an approved Tenancy Deposit Scheme. At Glentworth Lettings, we register deposits with a scheme such as TDS (Tenancy Deposit Scheme). The Tenancy Deposit Scheme is there to protect the tenant’s money and help to resolve any disputes at the end of the tenancy.

Yes 100%, if you have chosen a regulated agent like Glentworth Lettings, then your money will be protected through the Protection Scheme.

If you choose a Let Only or one of our Fully Managed services, we will organise for the tenant to pay the rent via standing order. We will then transfer the money to your account minus our commission and any outgoings or fees (such as maintenance work fees). You will receive a statement every month.

Ask a letting agent to value your home. At Glentworth Lettings we’re experts in the market, so we can tell you how other rental properties are faring in the area, and what kind of yield you can hope to expect.

  •  Finding a quality tenant is vital. As part of the tenant application process we:
  • Conduct identity and residency checks.
  • Obtain credit references.
    Check employer and current landlord references.
  • Obtain guarantors where necessary.
  • For non-UK applicants we check that they have the ‘right to rent’