Terms and Conditions
1. Guaranteed Rent
The Operator pays a fixed rental amount in advance each month, regardless of occupancy or arrears.
2. Operator Responsibilities
The Operator will:
Pay guaranteed rent on time.
Manage tenants, viewings, and administrative tasks.
Carry out minor repairs up to £____.
Maintain cleanliness and compliance of the property.
Handle tenant deposits.
Obtain HMO licence if required.
3. Landlord Responsibilities
The Landlord must:
Provide a compliant property.
Provide Gas Safety Certificate, EICR, and EPC.
Maintain structural and major systems.
Keep valid buildings insurance in place.
4. Repair Exclusions (Landlord Liability)
The Operator is not responsible for:
Structural repairs.
Boiler or heating replacement.
Full rewiring or plumbing replacement.
Repairs covered by insurance.
5. Inspections
The Operator may inspect the property with reasonable notice.
The Landlord may inspect quarterly with 48 hours’ notice.
6. Utilities
- The Operator is responsible for gas, electricity, water, council tax, and broadband unless otherwise agreed.
7. Use of Property
- The property may be used as a single let, HMO, or serviced accommodation (if permitted) in accordance with regulations.
8. Deposits
The Operator protects tenant deposits in an authorised scheme.
9. Indemnity
The Operator covers tenant-caused damage.
The Landlord covers structural and insured losses.
10. Termination
Termination by mutual consent can occur at any time.
In case of breach, a 14-day period is given to remedy the issue.
Optional landlord break fee may apply.
The Operator may terminate the agreement if the property becomes uninhabitable.
11. Handover
Upon termination, the property will be returned clean and maintained, with keys handed over and rent settled.
12. Governing Law
These Terms and Conditions are governed by the laws of England & Wales.