Landlord and Tenant Qs Flashcards
Talk me through your advice for the lease renewal at Sewstern Industrial Estate
The tenant was due a lease renewal and decided they wanted to remain in occupation. I advised my client the unit was under rented so I carried out a review to reassess the rent. I was also able to negotiate a longer term lease which would benefit my client in securing rental income for a longer period
What is a typical £/ft2 for rent at SIE
£3-4 / ft2
Why did you contract out of security of tenure provisions
I contracted out as the tenant was unsure if they could stay in the unit due to cash flow, hence the reason I included a break clause also. This gave the tenant flexibility so they could vacate easily
Why did you chose a 6 year lease
This was longer than the previous lease and allowed for a break and RR clause at year 3. 7 years is also the maximum before a tenant has to register with land registry
Talk me through the rental arrears at 68 Bourne Road
The tenant was in significant rental arrears, I explained the options to my client which included serving a section 21 notice or section 8 notice. I set up a payment plan with the tenant and advised my client a section 21 would allow the tenant longer to pay back the arrears. Due to the location and condition of the property, a section 21 would also allow time for my client to find capital to pay for a refurbishment
How did you engage with the tenant to begin with
I firstly sent emails and phone calls to try to arrange a meeting. When the tenant didn’t respond I moved to writing formal letters
What are the timeframes for serving a Section 21 Notice
LL needs to give 2 months notice
What are the timeframes for serving a Section 8 Notice
LL needs to give 2 weeks notice
How would your advise change given the potential changes with S21 Notices
Given the potential removal of Section 21 notices, I would advise my client to serve a Section 8 Notice to regain possession if the tenant didn’t stick to the payment plan
Talk me through the dilapidations at 2 Cringle Way
During the pre-checkout inspection I identified some items which the tenant was responsible for. I also noted the carpets and walls had been damaged beyond a reasonable expectation. I obtained quotes for rectifying the issues and successfully retainted the tenants deposit in full
What was the tenant responsible for at 2 Cringle Way
The gardens and maintaining the hedges
Did you only obtain 1 quote for the works at 2 Cringle Way
No, i obtained 3 quotes to present to the tenant to ensure a fair price was given
How did you know the carpets were damaged beyond a reasonable expectation
The carpets were new when the tenants started their tenancy, given they had only been in for 18 months there were marks and threadpulls
Talk me through the repair liabilities for Elms Farm
I met with the tenant to discuss the outstanding repairs which included roof repairs, electrical testing and external decoration. I gathered quotes for the works and reported to my client the expected expenditure for the LL responsibilities of roof repairs and a share of external decoration. I went back to the tenant and negotiated the remainder
Did the model clauses apply
No, the tenancy agreement stated specific responsibilities for repairs
Were any of the works tenant obligations
Electrical testing