To Landlords

ジャパンホームズはイギリス政府の全国公認賃貸機構のメンバーとして認定されています
Japan Homes is a firm accredited by The National Approved Letting Scheme.

To Landlords

Many landlords prefer to leave their property in the hands of a Japanese Agency in London. We have a good track record in our tenants returning your property to you in the original condition.
If you have residential property in North, West or Central London, you may be thinking to let it or re-let it. We can look after your ...

rent receipt from tenant and payment to you,
day-to-day management,
emergencies,
refurbishment needs,
re-letting,
and accounts.

We can pay your rent to you by the BACs system (bank to bank Electronic payments), avoiding the danger of lost, delayed cheques in the post.

And if you are thinking of purchasing investment property to let - in London - talk to us first, before buying.
We have more than 20 years experience, specialising in letting mainly to Japanese business people, diplomats, professionals and their families. --- ABOUT US

GUIDELINES
OPTIONS:
As a prospective landlord you are offered two options: either our minimal services (see "A" below) or full management (see "B" below). However, if you are not living in the UK only option "B" is available.

ABOUT TAX:
The income earned from a property let in the UK is taxable, whether or not the Landlord lives in the UK.

Overseas Landlord
If the Landlord resides outside the UK or in the Channel Islands or Isle of Mann, for more than 6 months of the year, the Agent becomes responsible for the payment of tax. Therefore, if you live overseas, tax is deducted from every rental payment at the statutory rate - unless we receive an exemption certificate from Inland Revenue - which we or your accountant can also arrange.

EXCERPTS FROM OUR TERMS & CONDITIONS
OPTION A: Introduction of Tenant
This includes the following:

Introduction of a suitable Tenant.
Preparation of both sets of agreements (one for the Landlord and one for the Tenant).
Obtaining references as required.
Checking of the property prior to tenancy being taken up.
Arranging the transfer of utilities, i.e. Gas, Electricity and Telephone to new Tenant and checking final accounts raised at the commencement and termination of the tenancy.
Collection and accounting of rent as required.
Up-to-date statements of account as required.
Negotiation for the renewal of tenancy.

OPTION B: Full Management
This includes the following:

All of the services set out in 1 above.
Inspections of the property on request.
Day-to-day management of the property, dealing with repairs to a maximum cost (EXCEPT IN EMERGENCIES) of ￡300.00 at our discretion.
Dealing with emergencies at our discretion even above the ￡300.00 limit.

GENERAL POINTS:
We provide the following information for your convenience :

a) INSURANCE
It is the Landlord's responsibility to insure the building and contents.
b) UTILITIES
All utilities, i.e. gas, electricity and telephone, should be available and working.
c) CONSENT TO SUBLET
It is the Landlord's responsibility to obtain written consent to let from his/her mortgage company and head lessor, where necessary, PRIOR to the commencement of the tenancy (and prior to each renewal of tenancy).
d) HEALTH & SAFETY REGULATIONS

(i) Furniture - according to regulations introduced early 1994, new lets must comply with standards laid down in the Furniture (Fire) and (Safety) regulations 1988. It is an offence to let property with furniture which does not meet these criteria, for example, that the furniture should not burst into flames if set alight.

(ii) Gas - Under the new Health and Safety Regulations effective from October 1994, all gas appliances in all rented properties must, as a legal obligation, undergo an annual service and safety check by a British Gas or CORGI registered installer and you should keep a record (certificate) which should be available upon request by the tenant.

e) DEPOSIT
Japan Homes will hold a deposit equal to one month's rent against any damages or dilapidation.

e) TAX
If the Landlord is resident abroad, Japan Homes as managing agents of the property are liable for income tax on the rental income. Therefore, unless Japan Homes receives from Inland Revenue an exemption certificate in respect of tax due, Japan Homes will be obliged to retain an amount equal to the standard income tax rate at the time, of the Landlord's gross rental. Should the Landlord not have an accountant acting on his/her behalf, Japan Homes can arrange for their accountant to deal with this matter for a separate charge.

f) MAIL
It is the Landlord's responsibility to arrange for the redirection of his/her mail. We cannot guarantee that the tenant will forward your mail to us regularly.