Wilkie May & Tuckwood
General Information for Landlords
Assured Shorthold Tenancy
The Housing Act 1988 introduced the Assured Shorthold Tenancy, which enabled Landlords to let a property without fear of not being able to recover possession whether your property is unfurnished or furnished.
This will depend upon the following factors:
• The dates you will require the property for your own use.
• An Assured Shorthold Tenancy enables any length of tenancy to be offered. However it will often not be in your best interests to offer a very short tenancy due to re-letting costs and also if your tenant decides not to vacate after say a 3 month lease, a court will not issue proceedings until 6 months from the start date of the tenancy has expired.
It is in your interests that care is taken in selecting a tenant. This results in many applicants being rejected without showing them a property. When letting the tenant will be living in your property. This makes it important to be selective.
We will not normally accept an instruction to look for a tenant where another agent is appointed. Rushing against another agent to find a tenant cannot be in the best interests of a landlord.
If we are not aware that another agent is involved then we may make tentative offers to tenants resulting in them releasing themselves from other housing commitments. The result may be the withdrawal of these offers due to another agency finding another tenant and as such causing unnecessary distress to all parties concerned. An agent has the power to act on your behalf. The importance of housing requires there to be clear instructions and parameters to work to.
If you instruct us to act on your behalf, it will be on the basis that we are the sole agent. This is unless we have specifically agreed to another arrangement.
The type of tenant is dependent on the type of property offered. In addition, you are able to specify the criteria that a tenant needs to meet. As your agent we place emphasis on the quality of the tenant as well as the amount of rent charged. A tenant’s suitability for the individual property is checked in addition to their financial capability.
Many of the larger companies in the area have a continual demand for accommodation for their staff. In some cases we can arrange for the company to take up the tenancy or guarantee rent.