Right to rent ~ Guide
Being a landlord can be lucrative and rewarding but it is highly challenging. One of the most common complaints cited by landlords is the amount of regulatory issues they must deal with and the work they have to do in order to comply with what is expected of them.
These regulations are serious and with local authorities being provided with additional powers to penalise and punish non-compliant landlords, it is essential that landlords run their business in a suitable manner.
The following is a comprehensive yet not exhaustive list of requirements that landlords must comply with when letting property:
- Gas Safety
- Fire Safety Order
- Energy Performance Certificate (EPC)
- Deposits
- Payment of administration fees
- Licensing matters
- Electrical inspections
- GDPR
- Carbon monoxide alarms
- Legionella Assessment
- Right To Rent
- Prescribed information to tenants
If you are new to being a landlord, you may be surprised at how many administrative and regulatory matters a landlord must comply with. It is also essential to be aware that these regulations are evolving all the time. New regulations regarding HMO properties come into effect from October 2018 and the Tenant Fees Ban will be in place in 2019.
It is difficult for landlords to provide a high standard of service to tenants and comply with all regulations, so make it easier on yourself. At Innovate Estate Agents, we are experienced in helping landlords comply with all regulatory matters. We remain up to date with all laws and regulations to ensure that you let your property and deal with tenants in a satisfactory manner. When you want fewer things to worry about as a landlord, innovate for the best results.
Protection
We are regulated by The Property Ombudsman and members of the National Association of Estate Agents, so you know you are getting the best service from people you can trust.
Changing Laws
We publish our fees, so you know how much you are being charged. You’ll never be hit with a hidden charge or cost.
Management
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Systems & Processes
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