Useful Tips for Tenants

Rental payments

Oakhill Residential request that rent is paid by standing order as outlined in the Tenancy Agreement. All standing order mandates should be set up to leave your bank account five days prior to the rental due date, to allow sufficient time for the funds to clear through the banking system.

Utilities

It is your responsibility to  set up, pay for and notify the relevant utility companies once you move into a property, and again when you vacate, in order to activate/deactivate the accounts correctly. This applies to gas, water, electricity and telephone services. You are also responsible for arranging the Council Tax with the local authority, and for buying a licence if you intend to watch live television.

Early Termination

If for any reason you wish to terminate your contract early, and provided the landlord agrees, you will be liable for paying the landlord’s commission to Oakhill Residential on a pro rata basis. However, this does not apply if you are exercising a break clause contained in your Tenancy Agreement.

Renewals

If you wish to extend your tenancy, please give us a call and we can speak to the landlord on your behalf. If the landlord is agreeable, a charge of £90 (plus VAT) will be due from you to cover the administration cost.

Insurance

Your contents are not insured by the landlord. We therefore advise you to take out the appropriate contents insurance for the duration of the tenancy.

Taxation

If your landlord resides outside of the UK and you pay rent directly to him/her, we recommend that you seek advice from HMRC in relation to the Non-Resident Landlord’s Scheme. Please see the link below for further information. However, this is not applicable if rent is paid directly to Oakhill Residential.

www.hmrc.gov.uk