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TECHNOESTATES

Welcome to Technoestates, your number one source for all your property requirements.

We are dedicated to giving you the very best tailored service, with a focus on property management, lettings, sales, finances and property investments.

Founded in 1991, Technoestates has come a long way from its beginnings in Croydon when JJ first started out the business, with the opening of a second office in Brixton few years after.

In 2011 and as a consequence of the riots our main office in Croydon was vandalized and went up in flames, the Brixton branch became then our Central office.

Now in 2015, we are very proud to announce the re-opening of a new office in Croydon where we continue offering a firsthand service with two high street offices close to you as we have been doing for more than 25 years.

Brixton Office

Technoestates Ltd is an independent estate agents in Croydon since 1991 where we were established for 20 years prior to the opening of our office in Brixton in May 2004

We, Technoestates Ltd have been actively involved in the local property market. We have a large portfolio of properties in ALL London boroughs south of the river, including south east and west, up to the boundary of the M25.

The population of Brixton and Croydon is from multi-ethnic communities. The redevelopment of Brixton’s covered market, Brixton Village has created a mecca of global cuisine as well as the iconic cinema and arts venue.  The many great pubs, restaurants, music venues and night clubs make it clear why this is one of the fastest growing areas of London in the popularity stakes.

With Brixton having Great transport links (with further proposed improvements) and Brockwell park, regarded by many as the capital’s best open space complete the set of lifestyle bonuses in this very fresh and vibrant corner of London.

Croydon Office

Technoestates in Croydon has-been established since the beginning of our business back in 1991. We have built long term business relationships with landlords and tenants and have an extensive pool of properties in the area and surrounding areas.

Our first Croydon office was severely affected by the riots in 2011 and we have to close this office and operate from our branch in Brixton.

Now in 2015 we are very proud to announce the re-opening of this office where we will continue to bring our professional services to you

We are proud to announce the re-opening of our secondary office located in Croydon.

Croydon is the area in London that is currently experiencing a boom in the property market.  According to the specialists Croydon and surroundings areas will be the space of reference and influential development in the city in a short time.

Whether you are looking to sell or rent your property Technoestates Ltd is confident and focused and will ensure that vendor, purchaser, landlord and tenant are involve to meet everyone’s requirements, You can be assured our friendly, professional staff will be happy to help and we pride ourselves on offering a consistently high level of service.

We look forward to working with you and if you have any questions about the services that we provide, please call us on 020 7501 8500 or email us at info@technoestates.com.
Brixton Office
Croydon Office
OUR TEAM

Our team, during the years of work in the property market, we have managed to find a highly and prepared team ready to give you the best information depending on what service needs in the property sector.

We also have staff that is fluent in a variety of different languages, so we can provide you with the highest level of communication.

Our management team is highly trained in the real estate industry with years of experience and also we use the most advanced specialized software, Technoestates.com that make this at the forefront of power display and perform at its height.

Sales Negotiator we are 20 years experienced negotiators team with a proven track record of generating sales and highly motivated, enthusiastic, with good IT skills and be very well presented and spoken 15 years’ experience specializing in Sales of all types of properties.

Letting team

Whatever your property needs, Technoestates.com with its experience and expertise is dedicated to providing the best possible advice in letting your property.

No Let would be too big or too small, give us a call or come into the branch and see what we can do for you.

Building Management

We have over 35 years in experience combined in doing building management.

Apart from our own workers we have contractors ready to call if your job requires a specialist touch or

With certain jobs we can offer you a guarantee.

So call in today to find out any further information you would like to know, please get in touvh with one of our boton 4.

Or please get in contact with us to let us know what it is you would like, by clicking on boton final.

RIGHT CHOICE

Here at Technoestates we are unquestionably:

  • Over 25 years experience in the market.
  • Because we are an Independent agent.
  • As we have countless satisfied Landlord using out Guaranteed Rentals, and other services.
  • We help sellers with Valuations and successfully help get their properties with the right price and information on the market.
  • WE RECEIVE THOUSANDS OF ENQUIRIES A YEAR;

    • Looking to buy a property
    • Landlords looking To Let their properties
    • Corporate and Individual Tenants looking for Long and short term and HMO accommodations.
    • To receive advice to see where Investors are best placed to secure and where they can get their best returns for their money.

  • We have Hundreds of Delighted clients who could reference us if required.
Guarantee Rent Scheme:

TECHNOESTATES.COM guarantee to Landlords market price rent, fixed income every month into your account, which you will receive full rent without discount, the same day every month whether your property is occupied or not.

We provide the landlord with monthly rent statements, and payments are made directly into Landlord’s bank account.

We are ensure that your property will be 100% managed for the whole of the period that you decide to give to us, we guarantee from 1 to 5 years.

Our experienced team will take the pressure of any inconvenient on your behalf at no cost to as owner or investor unless extenuating circumstances. Guaranteed Rental is very popular with busy landlords, Investors and landlords residing overseas.

TECHNOESTATES.COM ensures that the future client of your property is chosen by our professional, using our extensive local market knowledge and resources to reach the best tenant for your property.  This enables TECHNOESTATES.COM to secure and to be able to get the best possible rental price for your property in this competitive every growing market.

Rent Collection
Sin título

This is a comprehensive service to suit your needs and instructions. TECHNOESTATES LTD will ensure that the right tenant is chosen for your property by using our extensive tenant database and market knowledge. Once selected the tenant proceed to our strict credit check to find the best customer for your property.

When an applicant has agreed to take the property and subject to the landlord’s approval our Staff would negotiate the terms and conditions of our tailored tenancy and prepare the relevant documentation and collect the rent and deposit from the tenant.

All rents collected by TECHNOESTATES.COM will be paid directly to the landlord; there will also be statements that will be sent to the landlord on a regular basis.

With our ability to offer a variety of options to suit every Landlord and Tenant we have a unique personalized service Technoestates.com is perfectly placed to draw up agreements to fit the properties and Landlords needs.

TECHNOESTATES

OUR SERVICES TO THE LANDLORD AND AGREEMENT ON RESIDENTIAL LETTINGS

This information sheet is for guidance only

It is always advisable to keep the property clean and tidy in or der to attract the best rental value.  During winter months and dark evenings the heating and electricity should be kept on. Rental values do not vary much between furnished, part furnished and unfurnished however in some areas certain types of property are more sought after.

General

Referencing

All prospective tenants are interviewed before being recommended. If accepted full referencing will take place in some cases by an independent referencing agency.

Rent Guarantee & Legal Protection Insurance.

This service is also provided by HOMELET. Information leaflets are also available from ourselves.

Inventories & Condition Reports/Check Out Reports.

As per The Ombudsman’s Code of Practice for Lettings Agents, we strongly advise all Landlords to have an Independent Inventory/Condition Report carried out prior to a Tenancy commencing.

In accordance with the Housing Act 2004 and the Localism Act 2011, all dilapidations deposits now have to be registered within a Government Approved Deposit Protection Scheme (we do this on the Landlords behalf if we manage the property). Failure to register the deposit in a recognized scheme will have serious implications.

If the deposit is not registered within 30 days of the commencement of the tenancy and the prescribed information served on the tenant (and signed by the tenant) the Landlord will not be able to recover his property using Section 21 Notice. This means if the Landlords’ tenant does not breach the tenancy then they will not be able to recover their property. Furthermore, the Tenant will then have a claim against the Landlord for up to 3 times the value of the Deposit, plus the Deposit, Costs and Interest.

Without an inventory/condition report there is no point of reference from the start of the Tenancy.  If this is the case, in the event of a dispute at the end of the Tenancy, it is unlikely that a Landlord will be successful in securing deductions from the Tenants dilapidations deposit for damages.  From experience the schemes tend to be Tenant biased in this circumstance.

In respect of Check Out reports, again this would ideally be completed by an Independent Inventory Clerk.  The Tenant is responsible for the cost of this.

Where we are managing a property we will forward a copy of the Check Out report to both parties.  We will then allocate the deposit monies once we have received written confirmation from both parties that an agreement has been reached over any deductions, if any that are to be made.

We feel this is the best procedure that will safeguard a Landlord in the event of a dispute.  Please bear in mind that an Inventory can be updated and used several times.

Should a Landlord decide to proceed without an independent inventory we will require them to sign our inventory disclaimer form attached to the rear of this terms of business.

Keys.

If we are managing the property we will require three sets of keys prior to commencement of The Tenancy.  One set will be retained by us.

Boards.

We will display a ‘To Let’ board and subsequently a ‘Let By & Managed’ board when the property has been let.

Safety Regulations / Certificates

It is the Landlords responsibility to comply with the following safety regulations.

The Fire and Furnishings ( fire safety ) Regulations

The above regulations were amended in 1993 and set new levels of fire resistance for domestic upholstered furniture and furnishings.  It is an offence to “supply” in the course of a business any furniture, which does not comply with the regulations.  This includes supplying furniture as part of a let residential property.  We understand that it does not strictly apply to a Landlord letting his own home for a “temporary “period and not in the course of a business although the regulations do not specifically clarify this point.  It does apply to Landlords letting a “second property” or any other letting as an investment.

The regulations apply to: sofas, beds, bed heads, children’s furniture, garden furniture suitable for use in a dwelling, scatter cushions and pillows, stretch or loose covers for furniture and other similar items. The regulations do not apply to: curtains, carpets, bed clothes (incl. duvets) and mattress covers.

In signing our terms of business, The Landlord warrants that all contents and furnishings left at the property comply with the Furniture and Furnishings (Fire) (Safety) Regulations 1988 and Furniture and Furnishings (Fire) (Safety) (Amendment) regulations 1993.

The Smoke Alarm 1991

Smoke Detectors Act makes the provision for the mandatory fitting of a smoke detector to new properties. However, we advise that every property which is let is fitted with at least one smoke detector. Maintenance thereafter is the responsibility of the Tenant.

The Electrical Equipment (Safety) Regulations 1994

It is the Landlords responsibility to ensure that all electrical installations and appliances are safe and maintained in a safe condition. We therefore strongly recommend that an NICEIC contractor be instructed to conduct an electrical installation condition report (EICR) This is valid for five years and will highlight any serious defects that should be rectified immediately. We can arrange for a contractor to inspect the property, if required. The cost of an Electrical Domestic Visual Condition Report is £150 plus VAT.  If a certificate is not supplied, the Landlord agrees to take full responsibility for any faults that may occur whilst the property is occupied. In the event of injury or death, if found negligent a landlord could incur fines up to £5000 or even imprisonment!

Gas Safety Regulations 1994

The Landlord is responsible for ensuring that all gas appliances are inspected and maintained in accordance with the Gas Safety Regulations 1994. A Gas Safety Certificate MUST be provided prior to a Tenant moving in.  Please note, we will not be able to move a Tenant into a property without this being in place.  We can arrange for a Gas Safe registered engineer to carry this out .

It would also be our recommendation to fit a carbon monoxide detector, if there are gas appliances at the property.

Please be aware that from 1st January, 2013 all gas installations, where a flue is concealed behind a wall or within a ceiling void, must have inspection hatches so that a visual inspection of the complete flue can be carried out. We also recommend that appliances, particularly central boilers are serviced once a year.

Energy Performance Certificate

From 1st October 2008 all properties by law, now require an Energy Performance Certificate.  We can also arrange for this.

Proceeds of crime act 2002 and money laundering regulations 2003.

Under the money laundering regulations we require each tenant to provide us with one proof of Identity and one proof of Residence.  This should be either a full passport or photographic driving license and a current utility bill.  We must see the original documents. Please be aware that we have obligations under the above acts and records of payments if suspicious will be disclosed to the relevant authorities.

Terrorism Act 2000

The landlord and the agent have obligations under this act to ensure that they do not harbour or give any assistance to likely terrorists. Whilst this act does not directly apply to rental properties, recent known terrorist have been renting properties in the UK.

Deposits

Where managing a property we will now forward the Tenants’ deposit to the scheme administrator of the DPS to be held by them for the term of the tenancy.  The deposit does not belong to us and cannot be released to you or the Tenant, without the consent of both parties or the authority of a court or arbitrator. The deposit will be registered under the Tenancy Deposit Scheme. Any interest earned will be retained by the Agent.

We use- www.depositprotection.com.

At the end of the Tenancy covered by the Tenancy Deposit Scheme, if there is no dispute, we will keep any amounts agreed as deductions where expenditure has been incurred on behalf of the Landlord, or repay the whole of the balance of the Deposit according to the conditions of the Tenancy Agreement with the Landlord and the Tenant.  Payment of the Deposit will be made within 10 working days of written consent from both parties.  If, after 10 working days following notification of a dispute to the Agent and reasonable attempts have been made in that time to resolve any differences of opinion, there remains an unresolved dispute between the Landlord and the Tenant over the allocation of the Deposit it will (subject to condition below) be submitted to the DPS for adjudication.  All parties agree to co-operate with any adjudication.

The appointment of an arbitrator may incur an administration fee. The statutory rights of either the Landlord or the Tenant(s) to take legal action against the other party remain unaffected.

It is not compulsory for the parties to refer the dispute for adjudication.  The parties may, if either party chooses to do so seek the decision of the Court.  However, this process may take longer and may incur further costs.  Judges may, because it is a condition of the Tenancy Agreement signed by both parties, refer the dispute back to the scheme administrator for adjudication.  If the parties do agree that the dispute should be resolved by the scheme administrator, they must accept the decision as final and binding.

If there is a dispute only the amount in dispute will continue to be held by the DPS, the amounts already agreed by the parties will be paid over to them.  This must be done within 10 working days of being told that a dispute has been registered whether or not you or I/we want to contest it.  Failure to do so will not delay the adjudication but prejudice the decision by the scheme administrator.

We must co-operate with the DPS in the adjudication of the dispute and follow any recommendations concerning the method of the resolution of the dispute.

By signing this agreement you agree to abide by The Regulations of The Deposit Protection Scheme as laid out in the Housing Act 2004 and as amended in the Localism Act 2011.

If the Landlord decides to hold the Deposit and the Tenancy is an Assured Shorthold Tenancy, the Landlord must specify to the Agent prior to the start of the tenancy under which other Tenancy Deposit Protection Scheme the Deposit will be covered.  If the Deposit is covered by the Tenancy Deposit Solutions, the Landlord must provide proof of membership, together with a copy of the insurance policy before the Deposit can be released.

The landlord must sign a deposit disclaimer form attached to the rear of these terms of business.

The Housing Act 2004 and the Localism Act 2011,

Properties which house more than a certain number of people may require licensing. The penalties for not licensing the property are far reaching and will cause problems obtaining the rent and possession from the tenants.

Not all HMO’s will require licensing.

The act also includes the Housing Health and Safety Rating System, this part of the housing act is to help local authorities assess housing conditions in England and Wales. It replaces the fitness standard, which dates back to 1919.

Local authorities now have a duty to keep the housing conditions in their area under review. Their powers are quite strong. They can insist upon inspecting the rental property and if they think they have reason to believe a health and safety hazard exists there, they can take enforcement action.

Housing Health and Safety Rating System

This part of the housing act is to help local authorities assess housing conditions in England and Wales. It replaces the fitness standard, which dates back to 1919!

Local authorities now have a duty to keep the housing conditions in their area under review. Their powers are quite strong. They can insist upon inspecting the rental property and if they think they have reason to believe a health and safety hazard exists there, they can take enforcement action.

For clarification on this very important housing reform please ask a member of staff.

Defective Premises Act 1972.

The Landlord is liable for any occurrence originating from defect or lack of repair that the Landlord knows of or should have been aware of.  If a Tenant suffers loss due to a defect The Landlord will be liable to compensate The Tenant .  The Landlord agrees to inform The Agent of any on-going maintenance problems, prior to the start of a Tenancy.

Tenancy Agreements

We use Assured Shorthold Tenancy Agreements most of the time.  However in some cases we may need to use Assured Tenancies, Licenses or ordinary contracts (if we are letting to a Company or Embassy).  Assured Shorthold Tenancy Agreement give the Landlord greater protection as a result of the Housing Act 1988, 1996, 2004 and the Localism Act 2011.

FAILURE TO COMPLY WITH ANY OF THESE REGULATIONS MAY JEOPARDISE THE LIFE OF YOUR TENANT AND LEAD TO A PROSECUTION WITH PENALTIES OF IMPRISONMENT OR FINES.

The Landlord acknowledges that:-

Incorrect information.

The Landlord warrants that all information provided to the Agent is correct to the best of their knowledge.  If The Landlord provides incorrect information which causes the Agent to suffer loss or causes legal proceedings to be taken, the Landlord agrees to reimburse or compensate the Agent for all losses suffered.

Mortgagee.

If the property is subject to a mortgage/loan, the Landlord is responsible to obtain permission from their mortgage lender to let the property if required.

Leasehold property.

It is the Landlords responsibility to ensure that letting the property is permitted under the terms of the lease.

Landlord and Tenant Act 1987.

We are obliged to include your full name and address on any notices and Tenancy Agreements inside England and Wales.  If this information changes during the Tenancy we must be informed immediately.

Service of Notice.

The address for service for The Landlord will be the contact address specified in this Agreement, unless the address is outside England and Wales in which case an additional address within England and Wales must be provided to us prior to the commencement of a Tenancy.

Property Insurance.

Adequate levels of insurance cover on the buildings and contents of the property being let should be maintained throughout the term of the Tenancy. You should inform your current insurers that you are letting the property.  Not all insurers provide insurance for letting purposes.

Legal/Action.

The Landlord will be responsible for taking any legal action necessary for recovery of any rent due or for court action for the repossession of the property, including any other matters relating to the Tenancy between the Landlord and his/her Tenant. The Landlord is also responsible for the payment of all fees and costs relating to such matters. Valid Rent Guarantee and Legal Protection Insurance will help to keep any such costs to a minimum.

If a Tenant leaves the property of their own accord prior to the expiration of the Tenancy, it is the Landlords responsibility to take appropriate action to recover any outstanding rent from the former Tenant.

Residence/Domicile.

If your usual place of residence is not in the United Kingdom, you will need to apply for approval to receive rents with no tax deducted from H M Revenue and Customs to avoid us deducting tax from the rent.  Further information regarding the Non Resident Landlords Scheme can be obtained from www.HMRC.gov.uk.  If a property is owned jointly, both owners will need to obtain exemption certificates.  Please inform us immediately if you intend to reside abroad at any time.

Living abroad and tax

If you live abroad or plan to live abroad, while you let your property, the Inland Revenue may class you as Non Resident for tax purposes.

When this is the case any party collecting rent on your behalf will be held liable by the Inland Revenue for tax due on income from rent.

For this purpose any party collecting rent on the behalf of the Landlord, whether it be letting agent, relative or friend, will be classed as an agent for the Landlord.

The requirement and obligations for an agent in this respect are set out in the Tax Management Act 1970 and its amendments.  In order to meet this liability we are obliged to retain tax at the basic rate from all rents received.

This whole procedure can be simplified by utilising our Full Management service.

THIS INFORMATION IS PROVIDED TO YOU AS A GUIDE AND DOES NOT AMOUNT TO LEGAL ADVICE

Property Maintenance.

The Landlord is responsible for ground rents, service charges, repairs and any maintenance to the property.

The Landlord agrees to maintain the property to a good standard of repair throughout the Tenancy, and to carry out all necessary repairs and maintenance as and when required, as stated within the terms of the Tenancy Agreement.

It is important that the Landlord fully understands their responsibilities

General Authority.

If the property is owned jointly, all owners will need to confirm their agreement for us to act by signing this Agreement.  Each person who signs the Agreement agrees to be bound by it and to pay all sums due to us under any provision of the Agreement on a joint and several liability basis.

The Landlord grants the Agent Power of Attorney to deal with and sign all Tenancy Agreements, Statutory notices, Inventories and to instruct a third party inventory company to prepare and deal with all Inventory matters and check out reports.

The Landlord undertakes to indemnify the Agent within seven days of a demand for payment against the Agent for all claims, costs and expenses of whatever nature made against the agent concerning the Landlord or the Landlord’s property.

The Landlord undertakes to indemnify the Agent within seven days of a demand for payment against all claims, costs and expenses of whatever nature made by the Department of Social Security or any other body or person, and arising from the collection and payment to you and or a nominated bank or building society of the monthly rent.

The Landlord agrees to respond promptly with instructions where necessary to any correspondence or request from the Agent. The Agent accepts no liability for any damage or theft at the property whilst vacant or between any let.

The Agent recommends that the Landlord considers all aspects of security, insurance cover against possible damage that may occur during such periods. No property management service is offered during any vacant periods.

Selling to a tenant

In the event of a Tenant originally introduced by us, purchasing the property.  We will charge a commission of 2% of the negotiated purchase price plus VAT.  The fee is payable on completion, whether or not we have been involved in the negotiations.

Tenancy breaches of contract

On properties which we are fully managing, if the Tenant falls behind with his rent or breaches the contract in any other way, we will inform you accordingly.  Should the need arise for legal action then it will be your responsibility to instruct a solicitor and for all costs. If we are required to attend court on your behalf, a charge of £150.00 per half day or part of thereof plus VAT will be due.

Terms of management appointment

Our appointment is subject to three months’ notice of termination on either side, whether the property is occupied or vacant.

Landlord withdrawing after instructing to let

Should you instruct us to proceed and obtain references for a tenant and subsequently withdraw for any other reason than that the references were not satisfactory, we reserve the right to invoice you for our time and costs. These cost to be no more than £350 plus VAT

LET ONLY

  • We will market, advertise and arrange viewings (which will be accompanied in most cases)
  • Referencing may be carried out by a financial and insurance investigating company and may consist of employment, bank or building society, previous Landlord, personal reference, electoral role and credit search checks carried out (in some cases where a Tenant is self employed or salary difficult to prove, other proof or a guarantor may be acceptable).
  • No tenancy may start without receipt of acceptable references or authorisation from you.
  • We will draft up all agreements and legal notices
  • We will collect the first months rent and a dilapidation’s deposit (usually equivalent to six weeks rent).
  • Only when both parties have signed agreements will the keys be released to Tenants.
  • Dilapidation’s deposits remain in our clients account until the end of the tenancy. No interest will payable to either Tenant or Landlord.  On request, Landlords may hold a deposit, but only when the Landlord have signed a disclaimer stating that they have placed the deposit into a scheme.
  • Our fees are payable on the day of signing the tenancy agreement. Whilst we can take our fees from the rent, we are unable to take fees from the deposit.  Therefore any amount over the first months rent must be paid at this point.
  • A full statement of account will be prepared for you.

FULL MANAGEMENT

  • We will collect the rent on a monthly basis.
  • You will receive the rent payment directly into your bank account
  • In some cases our fees may be taken on a monthly basis.
  • We chase Tenants if the rent is late.
  • A full detailed statement of account will accompany every rent pay out
  • We may periodically inspect the property and prepare a management visit report if there are any items requiring attention.
  • We will arrange any necessary repairs (subject to your approval whenever possible). IF THERE IS NO TIME TO ADVISE THE LANDLORD IN ORDER TO PROTECT THE PROPERTY WE WILL INSTRUCT REPAIRS.
  • We have an emergency number available to both Landlords and Tenants for use outside office hours.

LET ONLY

5% + VAT of the rental income due for the letting period

FULL MANAGEMENT

10% + VAT of the rental income due for the letting period

We charge reletting fees. We must make it perfectly clear to all potentnial landlords that should tenants remain in the property beyond the first agreed term, we will expect commission for further terms of tenancy whether a written tenancy agreement or extention document is sign or not.

All subsequent extensions or renewals of tenancies are also subject to the above

ACCEPTANCE
LANDLORD

Name

Property Address

I/WE HEREBY INSTRUCT TECHNO ESTATES. TO ACT AS OUR AGENTS IN ACCORDANCE WITH THEIR CHARGES AND TERMS OF BUSINESS. I/WE HAVE READ AND AGREED TO BE BOUND BY THE TERMS IN THIS AGREEMENT AND I/WE REQUIRE THE FOLLOWING SERVICES:
PLEASE TICK RELEVANT BOX AND INSERT RELEVANT FEE.
SERVICE REQUIRED
FEE TICK
LET ONLY
FULL MANAGEMENT
INVENTORY
GAS SAFETY INSPECTION
CHECK IN - LANDLORD
EPC

DATED SIGNED (LANDLORD)

DATED SIGNED (AGENT)

LANDLORD INVENTORY DISCLAIMER

I/we am/ are the landlord/s of and hereby confirm that Techno Estates have fully explained the implications of not organising a full professional inventory and schedule of condition for the above property.

I/we accept that should there be a dispute over dilapidations with the tenant at the termination of tenancy, by not having a professional inventory with schedule of condition may affect my claim.

Signed DATED

LANDLORD TENANTS’ DEPOSIT DISCLAIMER

I/we am/ are the landlord/s of and hereby confirm that Techno Estates have fully explained the laws relating to the Tenants Dposit Scheme. I understand that if I fail to register the deposit in a recognised scheme, I may be liable to have to pay the tenants up to 3 times the value of the deposit, plus costs and interest and I further understand that I may have problems recovering possession of my property

I/we have instructed agents name to release the deposit to us and I/we confirm that we will be placing the deposit in the follow scheme.

SCHEME NAME:

Signed DATED

+ TECHNOESTATES
TECHNOESTATES
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TECHNOESTATES

Welcome to Technoestates, your number one source for all your property requirements.

We are dedicated to giving you the very best tailored service, with a focus on property management, lettings, sales, finances and property investments.

Founded in 1991, Technoestates has come a long way from its beginnings in Croydon when JJ first started out the business, with the opening of a second office in Brixton few years after.

In 2011 and as a consequence of the riots our main office in Croydon was vandalized and went up in flames, the Brixton branch became then our Central office.

Now in 2015, we are very proud to announce the re-opening of a new office in Croydon where we continue offering a firsthand service with two high street offices close to you as we have been doing for more than 25 years.

+ OUR OFFICES
Brixton Office

Technoestates Ltd is an independent estate agents in Croydon since 1991 where we were established for 20 years prior to the opening of our office in Brixton in May 2004

We, Technoestates Ltd have been actively involved in the local property market. We have a large portfolio of properties in ALL London boroughs south of the river, including south east and west, up to the boundary of the M25.

The population of Brixton and Croydon is from multi-ethnic communities. The redevelopment of Brixton’s covered market, Brixton Village has created a mecca of global cuisine as well as the iconic cinema and arts venue.  The many great pubs, restaurants, music venues and night clubs make it clear why this is one of the fastest growing areas of London in the popularity stakes.

With Brixton having Great transport links (with further proposed improvements) and Brockwell park, regarded by many as the capital’s best open space complete the set of lifestyle bonuses in this very fresh and vibrant corner of London.

Croydon Office

Technoestates in Croydon has-been established since the beginning of our business back in 1991. We have built long term business relationships with landlords and tenants and have an extensive pool of properties in the area and surrounding areas.

Our first Croydon office was severely affected by the riots in 2011 and we have to close this office and operate from our branch in Brixton.

Now in 2015 we are very proud to announce the re-opening of this office where we will continue to bring our professional services to you

We are proud to announce the re-opening of our secondary office located in Croydon.

Croydon is the area in London that is currently experiencing a boom in the property market.  According to the specialists Croydon and surroundings areas will be the space of reference and influential development in the city in a short time.

Whether you are looking to sell or rent your property Technoestates Ltd is confident and focused and will ensure that vendor, purchaser, landlord and tenant are involve to meet everyone’s requirements, You can be assured our friendly, professional staff will be happy to help and we pride ourselves on offering a consistently high level of service.

We look forward to working with you and if you have any questions about the services that we provide, please call us on 020 7501 8500 or email us at info@technoestates.com.
Brixton Office
Croydon Office
+ OUR TEAM
OUR TEAM

Our team, during the years of work in the property market, we have managed to find a highly and prepared team ready to give you the best information depending on what service needs in the property sector.

We also have staff that is fluent in a variety of different languages, so we can provide you with the highest level of communication.

Our management team is highly trained in the real estate industry with years of experience and also we use the most advanced specialized software, Technoestates.com that make this at the forefront of power display and perform at its height.

Sales Negotiator we are 20 years experienced negotiators team with a proven track record of generating sales and highly motivated, enthusiastic, with good IT skills and be very well presented and spoken 15 years’ experience specializing in Sales of all types of properties.

Letting team

Whatever your property needs, Technoestates.com with its experience and expertise is dedicated to providing the best possible advice in letting your property.

No Let would be too big or too small, give us a call or come into the branch and see what we can do for you.

Building Management

We have over 35 years in experience combined in doing building management.

Apart from our own workers we have contractors ready to call if your job requires a specialist touch or

With certain jobs we can offer you a guarantee.

So call in today to find out any further information you would like to know, please get in touvh with one of our boton 4.

Or please get in contact with us to let us know what it is you would like, by clicking on boton final.

+ RIGHT CHOICE
RIGHT CHOICE

Here at Technoestates we are unquestionably:

  • Over 25 years experience in the market.
  • Because we are an Independent agent.
  • As we have countless satisfied Landlord using out Guaranteed Rentals, and other services.
  • We help sellers with Valuations and successfully help get their properties with the right price and information on the market.
  • WE RECEIVE THOUSANDS OF ENQUIRIES A YEAR;

    • Looking to buy a property
    • Landlords looking To Let their properties
    • Corporate and Individual Tenants looking for Long and short term and HMO accommodations.
    • To receive advice to see where Investors are best placed to secure and where they can get their best returns for their money.

  • We have Hundreds of Delighted clients who could reference us if required.
Guarantee Rent Scheme:

TECHNOESTATES.COM guarantee to Landlords market price rent, fixed income every month into your account, which you will receive full rent without discount, the same day every month whether your property is occupied or not.

We provide the landlord with monthly rent statements, and payments are made directly into Landlord’s bank account.

We are ensure that your property will be 100% managed for the whole of the period that you decide to give to us, we guarantee from 1 to 5 years.

Our experienced team will take the pressure of any inconvenient on your behalf at no cost to as owner or investor unless extenuating circumstances. Guaranteed Rental is very popular with busy landlords, Investors and landlords residing overseas.

TECHNOESTATES.COM ensures that the future client of your property is chosen by our professional, using our extensive local market knowledge and resources to reach the best tenant for your property.  This enables TECHNOESTATES.COM to secure and to be able to get the best possible rental price for your property in this competitive every growing market.

Rent Collection
Sin título

This is a comprehensive service to suit your needs and instructions. TECHNOESTATES LTD will ensure that the right tenant is chosen for your property by using our extensive tenant database and market knowledge. Once selected the tenant proceed to our strict credit check to find the best customer for your property.

When an applicant has agreed to take the property and subject to the landlord’s approval our Staff would negotiate the terms and conditions of our tailored tenancy and prepare the relevant documentation and collect the rent and deposit from the tenant.

All rents collected by TECHNOESTATES.COM will be paid directly to the landlord; there will also be statements that will be sent to the landlord on a regular basis.

With our ability to offer a variety of options to suit every Landlord and Tenant we have a unique personalized service Technoestates.com is perfectly placed to draw up agreements to fit the properties and Landlords needs.

+ TERMS OF BUSINESS
TECHNOESTATES

OUR SERVICES TO THE LANDLORD AND AGREEMENT ON RESIDENTIAL LETTINGS

This information sheet is for guidance only

It is always advisable to keep the property clean and tidy in or der to attract the best rental value.  During winter months and dark evenings the heating and electricity should be kept on. Rental values do not vary much between furnished, part furnished and unfurnished however in some areas certain types of property are more sought after.

General

Referencing

All prospective tenants are interviewed before being recommended. If accepted full referencing will take place in some cases by an independent referencing agency.

Rent Guarantee & Legal Protection Insurance.

This service is also provided by HOMELET. Information leaflets are also available from ourselves.

Inventories & Condition Reports/Check Out Reports.

As per The Ombudsman’s Code of Practice for Lettings Agents, we strongly advise all Landlords to have an Independent Inventory/Condition Report carried out prior to a Tenancy commencing.

In accordance with the Housing Act 2004 and the Localism Act 2011, all dilapidations deposits now have to be registered within a Government Approved Deposit Protection Scheme (we do this on the Landlords behalf if we manage the property). Failure to register the deposit in a recognized scheme will have serious implications.

If the deposit is not registered within 30 days of the commencement of the tenancy and the prescribed information served on the tenant (and signed by the tenant) the Landlord will not be able to recover his property using Section 21 Notice. This means if the Landlords’ tenant does not breach the tenancy then they will not be able to recover their property. Furthermore, the Tenant will then have a claim against the Landlord for up to 3 times the value of the Deposit, plus the Deposit, Costs and Interest.

Without an inventory/condition report there is no point of reference from the start of the Tenancy.  If this is the case, in the event of a dispute at the end of the Tenancy, it is unlikely that a Landlord will be successful in securing deductions from the Tenants dilapidations deposit for damages.  From experience the schemes tend to be Tenant biased in this circumstance.

In respect of Check Out reports, again this would ideally be completed by an Independent Inventory Clerk.  The Tenant is responsible for the cost of this.

Where we are managing a property we will forward a copy of the Check Out report to both parties.  We will then allocate the deposit monies once we have received written confirmation from both parties that an agreement has been reached over any deductions, if any that are to be made.

We feel this is the best procedure that will safeguard a Landlord in the event of a dispute.  Please bear in mind that an Inventory can be updated and used several times.

Should a Landlord decide to proceed without an independent inventory we will require them to sign our inventory disclaimer form attached to the rear of this terms of business.

Keys.

If we are managing the property we will require three sets of keys prior to commencement of The Tenancy.  One set will be retained by us.

Boards.

We will display a ‘To Let’ board and subsequently a ‘Let By & Managed’ board when the property has been let.

Safety Regulations / Certificates

It is the Landlords responsibility to comply with the following safety regulations.

The Fire and Furnishings ( fire safety ) Regulations

The above regulations were amended in 1993 and set new levels of fire resistance for domestic upholstered furniture and furnishings.  It is an offence to “supply” in the course of a business any furniture, which does not comply with the regulations.  This includes supplying furniture as part of a let residential property.  We understand that it does not strictly apply to a Landlord letting his own home for a “temporary “period and not in the course of a business although the regulations do not specifically clarify this point.  It does apply to Landlords letting a “second property” or any other letting as an investment.

The regulations apply to: sofas, beds, bed heads, children’s furniture, garden furniture suitable for use in a dwelling, scatter cushions and pillows, stretch or loose covers for furniture and other similar items. The regulations do not apply to: curtains, carpets, bed clothes (incl. duvets) and mattress covers.

In signing our terms of business, The Landlord warrants that all contents and furnishings left at the property comply with the Furniture and Furnishings (Fire) (Safety) Regulations 1988 and Furniture and Furnishings (Fire) (Safety) (Amendment) regulations 1993.

The Smoke Alarm 1991

Smoke Detectors Act makes the provision for the mandatory fitting of a smoke detector to new properties. However, we advise that every property which is let is fitted with at least one smoke detector. Maintenance thereafter is the responsibility of the Tenant.

The Electrical Equipment (Safety) Regulations 1994

It is the Landlords responsibility to ensure that all electrical installations and appliances are safe and maintained in a safe condition. We therefore strongly recommend that an NICEIC contractor be instructed to conduct an electrical installation condition report (EICR) This is valid for five years and will highlight any serious defects that should be rectified immediately. We can arrange for a contractor to inspect the property, if required. The cost of an Electrical Domestic Visual Condition Report is £150 plus VAT.  If a certificate is not supplied, the Landlord agrees to take full responsibility for any faults that may occur whilst the property is occupied. In the event of injury or death, if found negligent a landlord could incur fines up to £5000 or even imprisonment!

Gas Safety Regulations 1994

The Landlord is responsible for ensuring that all gas appliances are inspected and maintained in accordance with the Gas Safety Regulations 1994. A Gas Safety Certificate MUST be provided prior to a Tenant moving in.  Please note, we will not be able to move a Tenant into a property without this being in place.  We can arrange for a Gas Safe registered engineer to carry this out .

It would also be our recommendation to fit a carbon monoxide detector, if there are gas appliances at the property.

Please be aware that from 1st January, 2013 all gas installations, where a flue is concealed behind a wall or within a ceiling void, must have inspection hatches so that a visual inspection of the complete flue can be carried out. We also recommend that appliances, particularly central boilers are serviced once a year.

Energy Performance Certificate

From 1st October 2008 all properties by law, now require an Energy Performance Certificate.  We can also arrange for this.

Proceeds of crime act 2002 and money laundering regulations 2003.

Under the money laundering regulations we require each tenant to provide us with one proof of Identity and one proof of Residence.  This should be either a full passport or photographic driving license and a current utility bill.  We must see the original documents. Please be aware that we have obligations under the above acts and records of payments if suspicious will be disclosed to the relevant authorities.

Terrorism Act 2000

The landlord and the agent have obligations under this act to ensure that they do not harbour or give any assistance to likely terrorists. Whilst this act does not directly apply to rental properties, recent known terrorist have been renting properties in the UK.

Deposits

Where managing a property we will now forward the Tenants’ deposit to the scheme administrator of the DPS to be held by them for the term of the tenancy.  The deposit does not belong to us and cannot be released to you or the Tenant, without the consent of both parties or the authority of a court or arbitrator. The deposit will be registered under the Tenancy Deposit Scheme. Any interest earned will be retained by the Agent.

We use- www.depositprotection.com.

At the end of the Tenancy covered by the Tenancy Deposit Scheme, if there is no dispute, we will keep any amounts agreed as deductions where expenditure has been incurred on behalf of the Landlord, or repay the whole of the balance of the Deposit according to the conditions of the Tenancy Agreement with the Landlord and the Tenant.  Payment of the Deposit will be made within 10 working days of written consent from both parties.  If, after 10 working days following notification of a dispute to the Agent and reasonable attempts have been made in that time to resolve any differences of opinion, there remains an unresolved dispute between the Landlord and the Tenant over the allocation of the Deposit it will (subject to condition below) be submitted to the DPS for adjudication.  All parties agree to co-operate with any adjudication.

The appointment of an arbitrator may incur an administration fee. The statutory rights of either the Landlord or the Tenant(s) to take legal action against the other party remain unaffected.

It is not compulsory for the parties to refer the dispute for adjudication.  The parties may, if either party chooses to do so seek the decision of the Court.  However, this process may take longer and may incur further costs.  Judges may, because it is a condition of the Tenancy Agreement signed by both parties, refer the dispute back to the scheme administrator for adjudication.  If the parties do agree that the dispute should be resolved by the scheme administrator, they must accept the decision as final and binding.

If there is a dispute only the amount in dispute will continue to be held by the DPS, the amounts already agreed by the parties will be paid over to them.  This must be done within 10 working days of being told that a dispute has been registered whether or not you or I/we want to contest it.  Failure to do so will not delay the adjudication but prejudice the decision by the scheme administrator.

We must co-operate with the DPS in the adjudication of the dispute and follow any recommendations concerning the method of the resolution of the dispute.

By signing this agreement you agree to abide by The Regulations of The Deposit Protection Scheme as laid out in the Housing Act 2004 and as amended in the Localism Act 2011.

If the Landlord decides to hold the Deposit and the Tenancy is an Assured Shorthold Tenancy, the Landlord must specify to the Agent prior to the start of the tenancy under which other Tenancy Deposit Protection Scheme the Deposit will be covered.  If the Deposit is covered by the Tenancy Deposit Solutions, the Landlord must provide proof of membership, together with a copy of the insurance policy before the Deposit can be released.

The landlord must sign a deposit disclaimer form attached to the rear of these terms of business.

The Housing Act 2004 and the Localism Act 2011,

Properties which house more than a certain number of people may require licensing. The penalties for not licensing the property are far reaching and will cause problems obtaining the rent and possession from the tenants.

Not all HMO’s will require licensing.

The act also includes the Housing Health and Safety Rating System, this part of the housing act is to help local authorities assess housing conditions in England and Wales. It replaces the fitness standard, which dates back to 1919.

Local authorities now have a duty to keep the housing conditions in their area under review. Their powers are quite strong. They can insist upon inspecting the rental property and if they think they have reason to believe a health and safety hazard exists there, they can take enforcement action.

Housing Health and Safety Rating System

This part of the housing act is to help local authorities assess housing conditions in England and Wales. It replaces the fitness standard, which dates back to 1919!

Local authorities now have a duty to keep the housing conditions in their area under review. Their powers are quite strong. They can insist upon inspecting the rental property and if they think they have reason to believe a health and safety hazard exists there, they can take enforcement action.

For clarification on this very important housing reform please ask a member of staff.

Defective Premises Act 1972.

The Landlord is liable for any occurrence originating from defect or lack of repair that the Landlord knows of or should have been aware of.  If a Tenant suffers loss due to a defect The Landlord will be liable to compensate The Tenant .  The Landlord agrees to inform The Agent of any on-going maintenance problems, prior to the start of a Tenancy.

Tenancy Agreements

We use Assured Shorthold Tenancy Agreements most of the time.  However in some cases we may need to use Assured Tenancies, Licenses or ordinary contracts (if we are letting to a Company or Embassy).  Assured Shorthold Tenancy Agreement give the Landlord greater protection as a result of the Housing Act 1988, 1996, 2004 and the Localism Act 2011.

FAILURE TO COMPLY WITH ANY OF THESE REGULATIONS MAY JEOPARDISE THE LIFE OF YOUR TENANT AND LEAD TO A PROSECUTION WITH PENALTIES OF IMPRISONMENT OR FINES.

The Landlord acknowledges that:-

Incorrect information.

The Landlord warrants that all information provided to the Agent is correct to the best of their knowledge.  If The Landlord provides incorrect information which causes the Agent to suffer loss or causes legal proceedings to be taken, the Landlord agrees to reimburse or compensate the Agent for all losses suffered.

Mortgagee.

If the property is subject to a mortgage/loan, the Landlord is responsible to obtain permission from their mortgage lender to let the property if required.

Leasehold property.

It is the Landlords responsibility to ensure that letting the property is permitted under the terms of the lease.

Landlord and Tenant Act 1987.

We are obliged to include your full name and address on any notices and Tenancy Agreements inside England and Wales.  If this information changes during the Tenancy we must be informed immediately.

Service of Notice.

The address for service for The Landlord will be the contact address specified in this Agreement, unless the address is outside England and Wales in which case an additional address within England and Wales must be provided to us prior to the commencement of a Tenancy.

Property Insurance.

Adequate levels of insurance cover on the buildings and contents of the property being let should be maintained throughout the term of the Tenancy. You should inform your current insurers that you are letting the property.  Not all insurers provide insurance for letting purposes.

Legal/Action.

The Landlord will be responsible for taking any legal action necessary for recovery of any rent due or for court action for the repossession of the property, including any other matters relating to the Tenancy between the Landlord and his/her Tenant. The Landlord is also responsible for the payment of all fees and costs relating to such matters. Valid Rent Guarantee and Legal Protection Insurance will help to keep any such costs to a minimum.

If a Tenant leaves the property of their own accord prior to the expiration of the Tenancy, it is the Landlords responsibility to take appropriate action to recover any outstanding rent from the former Tenant.

Residence/Domicile.

If your usual place of residence is not in the United Kingdom, you will need to apply for approval to receive rents with no tax deducted from H M Revenue and Customs to avoid us deducting tax from the rent.  Further information regarding the Non Resident Landlords Scheme can be obtained from www.HMRC.gov.uk.  If a property is owned jointly, both owners will need to obtain exemption certificates.  Please inform us immediately if you intend to reside abroad at any time.

Living abroad and tax

If you live abroad or plan to live abroad, while you let your property, the Inland Revenue may class you as Non Resident for tax purposes.

When this is the case any party collecting rent on your behalf will be held liable by the Inland Revenue for tax due on income from rent.

For this purpose any party collecting rent on the behalf of the Landlord, whether it be letting agent, relative or friend, will be classed as an agent for the Landlord.

The requirement and obligations for an agent in this respect are set out in the Tax Management Act 1970 and its amendments.  In order to meet this liability we are obliged to retain tax at the basic rate from all rents received.

This whole procedure can be simplified by utilising our Full Management service.

THIS INFORMATION IS PROVIDED TO YOU AS A GUIDE AND DOES NOT AMOUNT TO LEGAL ADVICE

Property Maintenance.

The Landlord is responsible for ground rents, service charges, repairs and any maintenance to the property.

The Landlord agrees to maintain the property to a good standard of repair throughout the Tenancy, and to carry out all necessary repairs and maintenance as and when required, as stated within the terms of the Tenancy Agreement.

It is important that the Landlord fully understands their responsibilities

General Authority.

If the property is owned jointly, all owners will need to confirm their agreement for us to act by signing this Agreement.  Each person who signs the Agreement agrees to be bound by it and to pay all sums due to us under any provision of the Agreement on a joint and several liability basis.

The Landlord grants the Agent Power of Attorney to deal with and sign all Tenancy Agreements, Statutory notices, Inventories and to instruct a third party inventory company to prepare and deal with all Inventory matters and check out reports.

The Landlord undertakes to indemnify the Agent within seven days of a demand for payment against the Agent for all claims, costs and expenses of whatever nature made against the agent concerning the Landlord or the Landlord’s property.

The Landlord undertakes to indemnify the Agent within seven days of a demand for payment against all claims, costs and expenses of whatever nature made by the Department of Social Security or any other body or person, and arising from the collection and payment to you and or a nominated bank or building society of the monthly rent.

The Landlord agrees to respond promptly with instructions where necessary to any correspondence or request from the Agent. The Agent accepts no liability for any damage or theft at the property whilst vacant or between any let.

The Agent recommends that the Landlord considers all aspects of security, insurance cover against possible damage that may occur during such periods. No property management service is offered during any vacant periods.

Selling to a tenant

In the event of a Tenant originally introduced by us, purchasing the property.  We will charge a commission of 2% of the negotiated purchase price plus VAT.  The fee is payable on completion, whether or not we have been involved in the negotiations.

Tenancy breaches of contract

On properties which we are fully managing, if the Tenant falls behind with his rent or breaches the contract in any other way, we will inform you accordingly.  Should the need arise for legal action then it will be your responsibility to instruct a solicitor and for all costs. If we are required to attend court on your behalf, a charge of £150.00 per half day or part of thereof plus VAT will be due.

Terms of management appointment

Our appointment is subject to three months’ notice of termination on either side, whether the property is occupied or vacant.

Landlord withdrawing after instructing to let

Should you instruct us to proceed and obtain references for a tenant and subsequently withdraw for any other reason than that the references were not satisfactory, we reserve the right to invoice you for our time and costs. These cost to be no more than £350 plus VAT

LET ONLY

  • We will market, advertise and arrange viewings (which will be accompanied in most cases)
  • Referencing may be carried out by a financial and insurance investigating company and may consist of employment, bank or building society, previous Landlord, personal reference, electoral role and credit search checks carried out (in some cases where a Tenant is self employed or salary difficult to prove, other proof or a guarantor may be acceptable).
  • No tenancy may start without receipt of acceptable references or authorisation from you.
  • We will draft up all agreements and legal notices
  • We will collect the first months rent and a dilapidation’s deposit (usually equivalent to six weeks rent).
  • Only when both parties have signed agreements will the keys be released to Tenants.
  • Dilapidation’s deposits remain in our clients account until the end of the tenancy. No interest will payable to either Tenant or Landlord.  On request, Landlords may hold a deposit, but only when the Landlord have signed a disclaimer stating that they have placed the deposit into a scheme.
  • Our fees are payable on the day of signing the tenancy agreement. Whilst we can take our fees from the rent, we are unable to take fees from the deposit.  Therefore any amount over the first months rent must be paid at this point.
  • A full statement of account will be prepared for you.

FULL MANAGEMENT

  • We will collect the rent on a monthly basis.
  • You will receive the rent payment directly into your bank account
  • In some cases our fees may be taken on a monthly basis.
  • We chase Tenants if the rent is late.
  • A full detailed statement of account will accompany every rent pay out
  • We may periodically inspect the property and prepare a management visit report if there are any items requiring attention.
  • We will arrange any necessary repairs (subject to your approval whenever possible). IF THERE IS NO TIME TO ADVISE THE LANDLORD IN ORDER TO PROTECT THE PROPERTY WE WILL INSTRUCT REPAIRS.
  • We have an emergency number available to both Landlords and Tenants for use outside office hours.

LET ONLY

5% + VAT of the rental income due for the letting period

FULL MANAGEMENT

10% + VAT of the rental income due for the letting period

We charge reletting fees. We must make it perfectly clear to all potentnial landlords that should tenants remain in the property beyond the first agreed term, we will expect commission for further terms of tenancy whether a written tenancy agreement or extention document is sign or not.

All subsequent extensions or renewals of tenancies are also subject to the above

ACCEPTANCE
LANDLORD

Name

Property Address

I/WE HEREBY INSTRUCT TECHNO ESTATES. TO ACT AS OUR AGENTS IN ACCORDANCE WITH THEIR CHARGES AND TERMS OF BUSINESS. I/WE HAVE READ AND AGREED TO BE BOUND BY THE TERMS IN THIS AGREEMENT AND I/WE REQUIRE THE FOLLOWING SERVICES:
PLEASE TICK RELEVANT BOX AND INSERT RELEVANT FEE.
SERVICE REQUIRED
FEE TICK
LET ONLY
FULL MANAGEMENT
INVENTORY
GAS SAFETY INSPECTION
CHECK IN - LANDLORD
EPC

DATED SIGNED (LANDLORD)

DATED SIGNED (AGENT)

LANDLORD INVENTORY DISCLAIMER

I/we am/ are the landlord/s of and hereby confirm that Techno Estates have fully explained the implications of not organising a full professional inventory and schedule of condition for the above property.

I/we accept that should there be a dispute over dilapidations with the tenant at the termination of tenancy, by not having a professional inventory with schedule of condition may affect my claim.

Signed DATED

LANDLORD TENANTS’ DEPOSIT DISCLAIMER

I/we am/ are the landlord/s of and hereby confirm that Techno Estates have fully explained the laws relating to the Tenants Dposit Scheme. I understand that if I fail to register the deposit in a recognised scheme, I may be liable to have to pay the tenants up to 3 times the value of the deposit, plus costs and interest and I further understand that I may have problems recovering possession of my property

I/we have instructed agents name to release the deposit to us and I/we confirm that we will be placing the deposit in the follow scheme.

SCHEME NAME:

Signed DATED