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Specialising in London flatshares

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Saturday 22nd November 2008
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Glossary of Common Terms
Live-in landlord
A homeowner who rents out one or more rooms in their property whilst living there themselves.
Live-out landlord
A landlord who rents a property they do not live in the property they are renting.
Flatshare Agreement
An agreement with either a ‘live-in’ Landlord or an existing tenant who has been given permission by his Landlord to sub-let a room.
Assured short-hold tenancy
The most common form of tenancy in the UK and would apply for a live-out landlord. Similar to an Assured tenancy but lasting for a fixed period of at least 6 months. Under this agreement, the tenant has to leave the property at the end of the contract.
Assured tenancy
The tenant has the right to remain in a property unless the landlord can convince the court there are good reasons for eviction (such as rent arrears, damage etc.).
Bedsit or bedsitting room
This is a single room accommodation which serves as a bedroom and living space in one. Generally sharing a bathroom and/or kitchen with others. In some cases, the tenant will have a ‘kitchenette’ in the room although they are advised to ensure that this complies with the Health and Safety regulations. Tenants are also advised that some Landlords advertise bedsits as ‘Studios‘.
Studios
A studio would generally be described as a single room accommodation which serves as a bedroom and living space with a separate private bathroom or shower room facilities and either a separate kitchen or an open plan kitchen with at least basic cooking facilities (eg. Oven, Hob, Extractor Fan, Refrigerator and basin for washing dishes).
Ex-local authority and Ex-council
This refers to a property which was formerly owned by the council. Often, especially in London, this refers to purpose built blocks of flats within an estate.
HMO (House in Multiple Occupancy)
This refers to an accommodation shared by 2 different households in a property. Landlords letting the largest HMOs, those on three or more floors with five or more people in two or more households living in them, must apply for a mandatory licence. Mandatory HMO licensing came into force on 6 April 2006 for which Landlords whose properties meet the criteria of the scheme are required by law to apply for a license or face stiff penalties up to a fine of £20,000. HMO licensing is intended to ensure that all these properties enjoy a decent minimum standard of management.
No DSS
Not available to tenants who are reliant on state benefits to pay their rent.

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