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Article: Furnished or
Unfurnished?
In fact there is no legal definition of furnished,
unfurnished or even part-furnished in the UK - these are
terms, which have come about through practice, in
reality have no industry standard.
What is defined is all furnishings supplied must meet
fire safety standards and
it's in your interests as a landlord to check electrical
appliances before a tenancy commences and have the
electrical system checked periodically.
Letting fully furnished, part-furnished or unfurnished
no longer has any implications regarding security of
tenure for the tenant or for taxation. However, Council
Tax and the 10% Depreciation Allowance may be affected -
you don't pay Council Tax during voids if let
unfurnished, but if you do this you cannot then claim
the 10% Depreciation Allowance.
The inventory records the items provided and condition.
It is then signed by both parties preventing later
disagreements, as the tenancy is then based on those
items actually provided and accepted as part of the
contract.
As a guide:
Unfurnished – many tenants these days prefer unfurnished
(or part furnished) as being mobile they bring their own
furniture and prefer to use their own items,
particularly beds. Even unfurnished generally means that
carpets, curtains and some white goods (i.e. fridge,
cooker) are included.
Part-furnished - here you would expect to see the basics
as above, but perhaps the addition of items such as
wardrobes, dining table and chairs etc, but not beds,
3-piece suites, TV, dish washers, washing machines etc.
Furnished or Fully Furnished – it's to the landlord's
discretion and to some extend negotiation as to the
standard and amount of furniture provided, depending
upon the type of tenant you are targeting. In a fully
furnished letting you would expect to see similar to
above with the addition of beds, 3-piece suites - in
fact everything needed to make a comfortable living
home. Crockery, cutlery, towels, bedding etc while
expected in the high-end lettings may be subject to
negotiation and not always provided.
When you have viewings of a property, while still
tenanted, point out to the new tenants exactly what is
to be included and excluded and discuss requirements
then.
If you are willing to be flexible as a landlord, for
example removing and storing unwanted items or adding
additional items as required you will increase your
chances of letting quickly, increasing your annual
rental income.
Note: never rely totally on these standard
answers. Before taking action or not, always seek
professional advice with the full facts of the case and
all documents to hand. LandlordZONE.co.uk
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