Member Article

Landlord Clinic ‘Just What The Doctor Ordered’ For Nottinghamshire Landlords

A Nottingham based property consultancy is celebrating the success of its free ‘Landlord Clinic’ today, after landlords labelled it ‘just what the doctor ordered’.

PWR Lettings, with offices in Nottingham and Mansfield, began the drop in sessions a few months ago, with both landlords and investors being invited to attend its offices between 11-1pm each Tuesday for free advice.

Simon Perkins, Partner at PWR, said: “We are delighted with the resounding success of our landlord clinics, and feel that it is important to offer expert hints and tips to those new to the lettings market, and indeed those more seasoned investors. The property market is constantly changing in terms of legislation, and it is vital that landlords stay on top of their obligations to avoid either the financial or legal pitfalls associated with property management.”

The sessions covered topics including, what is required for the Tenancy Deposit Scheme cover at the end of the fixed term of a tenancy?, what is required by the landlord for electric safety testing in residential rented properties?, and what action can I take if a tenant suddenly stops paying their rent?.

Adam Kingswood, Nottingham Branch Manager said: “We had a local landlord visit our free clinic to seek advice on how to extend his tenancy agreements for a number of his properties, which he had let and managed himself. The tenancies were currently rolling month by month statutory periodic tenancies.

“It is vital to consider the tenancy deposit scheme cover and deposit ‘prescribed information’ for the scheme, as part of a tenancy extension, so after giving this particular landlord the advice regarding this procedure, what his particular tenancy deposit scheme states and what the market rents were for his properties, he approached his tenants about extending their tenancies and then tailored Assured Shorthold Tenancy agreements, were prepared for him.”

Simon added: “PWR have experienced ARLA qualified staff and are a regulated firm, so we offer expert honest advice, we would encourage any landlord with a property dilemma to get in touch with us.”

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