Town & Country Estate Agents - Worksop - Lettings

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Town & Country Estate Agents have specialised in Renting Property since 1989 and over this time have built up a wealth of experience, Reputation and contacts in this field. We can handle from 1 property for a Landlord to multiple properties for a landlord. We are Organised to take on board small and large Portfolios for Landlord(s) and run an efficient service. We specialise in properties within a 20 Mile Radius of Worksop.

We do not enter into ‘Multiple Agency Lettings' as this can deter potential tenants and compromise the high standards we have for our properties.

Tenant Deposits/Rent Payments -

    As members of the NAEA, we offer reassurance to those choosing to let or rent a property. By instructing an NAEA agent who specialises in lettings and management, landlords and tenants will be assured of defined standards of customer service, experience and professionalism. All principles, partners or directors have professional indemnity insurance and will hold client monies in a separate professional audited account protected by a Clients’ Money Protection scheme.

Polish Tenants We have a dedicated Polish speaking person as part of our Team who can liase between yourself, the tenant and the Agency, thus providing ease of communication on all rentals matters between all Parties.

Our Services are all about renting quality homes to quality people. Our pricing structure is only achievable by devoting our time to our defined market. We only rent out quality modern, or improved period accommodation. Properties should have modern clean décor, contemporary bathrooms with good showers, well-maintained gardens, modern kitchens, and good quality floor coverings. In return, we provide professional tenants with good references, and rental guarantees if required. We further advise on Compliance with Regulations,  HMO's HHSRS

        gas safe register

Marketing

Advertising your property in the press & on the Internet as instructed.
Accompanied viewings when the property is empty & finding suitable tenants.
Taking up references and credit checks and advising you of the results
Drawing up a AST Tenancy, collecting & holding a deposit from tenant , on your behalf
Preparing an inventory & schedule of condition, serving on the tenant(s), checking the tenant(s) into the property & agreeing inventory
Collecting monthly rental payments in advance & paying you promptly via electronic transfer, together with a statement by electronic mail transfer.
Contacting the tenant and arranging renewals and/or check-out as necessary.
Re-letting & continuing the process with minimum vacancy & therefore optimum return.
The above service is our comprehensive management package for which, unlike other agents we charge no initial setting up fees, only the agreed % of the monthly rental payments collected and lease fee which include schedule & inventory for your property and all legal documents.

Effective Marketing of your Property so Customers can find it with ease -













   Ease of Finding us on Search Engines









Insurance

products are available through a network of some 5,000 letting agents throughout the UK as well as on the Internet. Each Agents has to meet entry criteria before being appointed to provide HomeLet products.

Assured Shorthold Tenancies - (AST) - Understanding How they work.

Town & Country Estate Agents can, at extra cost, provide annual reports for self-assessment tax purposes.

Town & Country Estate Agents are FICO registered - Reg No. 922NA019771

As such we are able to pay rents gross to non resident landlords on receipt of a certificate from the Inland Revenue, Pdf copies of the relevant application forms are available from the following link -

      NR1 Pdf Form Download   Guidance Notes

Tax Information for Landlords Renting Houses

Personal & Tax Allowances 2010/11

Expenses & Allowances on Income from Property

Residents and non-residents: Liability to tax in the United Kingdom

Letting Property - Landlords need to be aware that the Inland Revenue have to be informed within 6 months of letting a property, flat or apartment in the U.K. Failure to do this could result in penalties, interest and other consequences. This includes all individuals and Companies regardless, of their residency. Therefore non U.K. residents cannot escape these obligations!

Darby's, are a firm of Chartered Certified Accountants with many years of experience in dealing with the tax affairs of landlords relating to property rental, both in the U.K and abroad. They would be delighted to clarify any matters with you and also to provide you with a written quotation for work they would carry out.

Non-Resident Landlords - must obtain authorisation from the Inland Revenue so that they can receive payment of property rental income "Gross". Without this authorisation, the letting agent or tenant will deduct Income Tax from the rent due and pay it over to the Inland Revenue, as required by Law.

As your Accountants, Darby's can take care of obtaining authorisation from the Inland Revenue, on your behalf. Income Tax is normally payable from Rental Property. Many individuals do not declare "Rental Income" from rental flats, apartments or properties to the Inland Revenue. Over the years they have experienced many of the reasons put forward by landlords.

The main ones being: "I have not made a profit through renting!"

Although the landlord may feel a profit has not been made due to expenditure being more than the rent received, not all expenditure may be tax deductible! The fact is that you have received monies in respect of rent, this makes the landlord liable to disclose his source of income to the Inland Revenue.

"The Revenue will not find out what I am doing!"

The Inland Revenue are very aware of people evading Income Tax by not disclosing rental income from flats, apartments, and other property.

All letting agencies have to disclose names and addresses of landlords.
Inspectors of Taxes review property letting advertisements in the local or national papers.
The Inland Revenue also receive a high number of anonymous, tip-offs from Individuals.
They also examine Council Tax records.

"I was not aware I had to advise anyone"

Letting agents, Banks or Building Societies, National Television and Press make landlords aware of their tax obligations with respect to rental apartments and property. Sorry, there is no excuse! With the right advice tax planning, Darby's can minimise your tax liability from rental property. Non-Declaration of rental income receives increasing harsh treatment from the Inland Revenue; we therefore encourage you to consider avoiding the situation.

Capital Gains Tax - This is a very complex area of taxation and professional advice should be obtained. Basic Tax Planning can avoid large Tax Bills on rental apartments and other rental property. This tax is chargeable on rental properties that have been rented for any time and subsequently sold. However there are exceptions to the general rule. Planning can minimise or even eliminate a Tax liability.

Darby's would welcome an opportunity to give you any clarification you may need on these matters -

T 01909 531135  M worksop@darbys.com W www.darbys.com

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Town and Country Estate Agents, 1 Ryton Street, Worksop, Nottinghamshire, S80 2AY, UK
T: 01909 500 700 | F: 01909 531733 | rentals@worksop.com | www.worksop.com

Warning:-

Town & Country Estate Agents intend to provide the above information as guidance only to explain to landlords about safety regulations. For full details landlords should refer to the full regulations. The above information could out of date as regulations are updated. It is not an authoritative interpretation - which would be a matter for the courts. Town & Country Estate Agents provide their Landlord with a full copy of the relevant and up to date regulations.

Copies can also be obtained from The Letting Centre on telephone 020 7873 9090 or see http://www.letlink.co.uk/