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Landlord FAQ

Frequently Asked Questions

  • Do you have different levels of service?

  • Do i need legal certificates?

  • Do i need to pay tax on my rental income?​

  • How do i receive my rental income?

  • Do i need landlord insurance?

  • What happens to my tenants deposit?

  • What happens if a tenant stops paying rent?

  • What if i want the tenants to leave?

  • What happens if the tenants don't leave after being served notice?

  • Why am i charged more when my property is 'Out of Area'?​

  • How will i know if my property requires maintenance? Pt. 1:- With Tenants.

  • How will i know if my property requires maintenance? Pt. 2:- While Empty.

  • What if i have my own tradesmen? 

If there are any questions you find yourself asking that aren't listed, please send us a message and we'll look into updating list.

Do you have different levels of service?

We only offer a fully managed service as we aim to get the most out of your investment without you having to lift a finger. 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. Just sit back and relax.

How do I receive my rental income?

We will organise for the tenant to pay the rent via standing order. The money will then be transferred to your chosen account minus any outgoings or fees (such as maintenance work etc). You will receive a statement at the beginning of every month, showing a detailed breakdown of income and expenditure for the previous month.

What if I want the tenants to leave?

If the tenants have not breached any terms of the Tenancy Agreement, then we can serve them a Section 21 Notice on your behalf, giving them two months notice to vacate.

What happens if they do not leave after being served a notice?

These notices are not legally binding and the tenants do not have to leave. If, after the notice has expired and they refuse to leave, you are then allowed to proceed with court procedures.

What if i have my own tradesmen?

That's not a problem at all! We'll notify you when a job comes in and your contractors can liaise with Andrea if the property is tenanted, or Simon if the property is empty.

Do I need legal certificates?

Energy Performance Certificates (EPC), Electrical Installation Condition Report (EICR) and Gas Safety Certificates (CP12) are required by law, so yes, these are a must before a tenant moves into the property. If you don't have them already, we can arrange for them to be done on your behalf should you wish.

Do I need landlord insurance?

Although your not legally obliged, we do advise that all landlords make sure they have the appropriate cover for the actual building itself, as there are some grey areas when it comes to damages and who is responsible. 

We do also advise all tenants to obtain their own insurance policy in case of any damages, whether accidental or deliberate, this would usually cover the contents and some internal fixtures/ fittings, depending on the policy they choose. 

What happens if a tenant stops paying rent?

We have a procedure in which we follow to avoid this, however, in the event of such a case, you have the ability to give us permission to serve a Section 8 Notice followed by court action if the tenant is non-compliant.

How will i know if my property requires maintenance? pt.1:- With Tenants.

A tenant will generally inform us if they notice any repairs that are needed throughout their tenancy. We'll then send a message to let you know. 

Do I need to pay tax on my rental income?

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

What happens to my tenants deposit?

Landlords and letting agents are required to register tenants' deposits with an approved Tenancy Deposit Scheme. At SKP Management, we register all deposits with a scheme called Deposit Protection Service. The DPS is there to protect the tenant's money and help resolve any disputes at the end of the tenancy.

Why am i charged more when my property is 'Out of Area'?

A long time ago, we had many properties that went as far as Leeds. However over time, that number has severely depleted to only a few properties that are classed as out of area, so it's not financially viable for us to make those long journeys any more. So in order to manage those OOA properties, we have to make sure that we recoup what it costs us to make each journey, there and back.

How will i know if my property requires maintenance? pt.2:- While Empty.

When a tenant moves out, you'll receive an 'Empty Property Report' giving you a brief description of what is required to re-let the property. Sometimes, a full refurbishment is required which can be costly. In these cases, you will receive a 'Maintenance Report' with quotes from our tradesmen, requesting your permission to proceed, and payment in advance. 

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