Research by Endsleigh Insurance shows that a letting agent, like AGT Property Management and Lettings Ltd, save a landlord around six hours a month. This is a huge amount of time, especially when you have a lot going on. Maybe you have a full-time job, run your own business, have…
January 2020 – Peterborough Property Management & Lettings
We wish you all a Happy New Year and we hope January doesn’t feel too long……
Last year we wrote about the new legislation regarding electrical safety checks coming into force – you can see it here.
The time has come and they will be enforced this April.
The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 will require electrical installation inspections and testing are for new tenancies from April 2020 and on existing tenancies from April 2021. These will need to be renewed every 5 years by a qualified electrician with a report obtained which can be passed on to the tenant.
Although this is another cost to the landlord, we see this as good legislation. It will mean that every rental property will be deemed safe and safety of our tenants is a main priority. It will lower the chances of electrical repairs as they are being checked every 5 years and it will give peace of mind to landlords and tenants.
Our electrical contractors charge £120 + Vat for a 5 year electrical safety check. Our systems keep track of renewals so we are able to inform the landlord 6 weeks before any current certificate expires, giving ample time to arrange a new certificate.
Over 80% of our portfolio have valid electrical safety certificates. We knew this legislation was coming into force so we had a lot of our managed properties done ready. We will be working with our current landlords over the next few months to get their properties inspected and certified. We believe it is better to have them done early, rather than rushing about nearer the time and potentially risking any issues.
AGT will ensure that all of our fully managed and new lets comply with these regulations.
We have some big news coming on our next blog, we will be adding some massive value to our clients from March. Please look out for it – we are very excited about this.
Whether you’re a new landlord, an accident landlord or a landlord of many properties but you’re just getting fed up of the hassle; we can help. As a property management company in Peterborough, we are best placed to help Peterborough landlords with the stress and hassle that can come with…
Renting with pets in Peterborough isn’t always easy, but it is possible. You just have to go around it the right way. In this blog post we have shared some top tips to help you when looking for rented accommodation in Peterborough, when you have pets you want too. Pets…
If you’re finally found the perfect rented home in Peterborough and you’re all ready to move – there is one thing you need to do before moving to a new house. You need to make sure you change your address. We have put together a checklist for changing address when…
As a landlord, there is a lot of importance on finding a good tenant for your property. It is essential that you have a tenant you can trust with your home, someone that will look after the property, not upset the neighbours and pay their rent on time. So, how…
As of July 2020, the government bought in new electrical safety standards for landlords and their properties. These new electrical safety standards bought in a lot of changes for all private landlords in England. In this blog post we look at what the new electrical safety regulations mean for landlords…
While many people think spring is the season to place your rental property in Peterborough on the market, autumn tends to be the best season. As summer ends, lots of people are looking to be settled in their new homes in time for the festive months of Christmas. The rental…
If you are a landlord looking to attract new tenants, a landlord considering purchasing a new property to rent out or someone considering a buy to let property then this is a must-read blog post for you. By understanding what tenants look for when looking for rental property, you can…
As a landlord it is only normal that you want to increase your rental income. Here at AGT Property Management we also appreciate that you probably don’t want to raise the rent. So, is there a way that you can increase your rental income without raising the rent? Yes, there…
As the HMO (Houses in Multiple Occupation) market has grown rapidly over the last few years, we were not surprised to see new laws that HMO landlords and their properties need to comply with. While this is great news for tenants that rent rooms in HMO properties in Peterborough, it…