Tenancy Drafting Service
FAQs
The Landlord Group have compiled a list of the most frequently asked questions together with answers regarding the fixed fee services that we offer.
Are all residential tenancy agreements the same?
No. But most landlords will only find this out when something goes wrong and they get stuck with a bad tenant. To ensure your investment property is fully protected, a tenancy agreement must be tailored to your specific needs.
Are ‘off the shelf’ and estate agents tenancy agreements good enough?
Not necessarily. These are rarely tailored to your specific requirements. They are broadly drafted in the hope that all angles are covered and the tenant's name is simply inserted.
Why do I need a bespoke tenancy agreement?
Property investment is only profitable and worthwhile if the tenant is paying the rent. Many landlords find themselves in deep financial trouble when the rent is not paid. One of the main reasons why rent is not paid is because the tenancy agreement is poorly drafted and the tenant tries to rely on a loophole within it. When mortgages go unpaid, your investment property is at risk. Your investment is worth tens, if not hundreds of thousands of pounds. You will be putting total strangers in its charge. You do not want to leave anything to chance if something goes wrong.