LANDLORDS, ARE YOUR PROPERTIES COMPLIANT WITH CURRENT LEGISLATION?

Local authorities are clamping down on non-compliant landlords and the potential fines are eye watering, up to £30,000.

2024 Landlord Compliance Checklist

Whether you are a new landlord just starting your journey to become a landlord or whether you have been doing it for years, there are legal obligations that you must comply with and change on a regular basis.

Failing to keep up-to-date with the latest legislation could lead to fines and also legal proceedings. Here are just a few key pieces of compliance that without could land you in hot water.

Gas Safety Certificate – Must be completed annually.

Energy Performance Certificate (EPC) – Must be to a required rating or a property cannot be let.

Smoke and Carbon Monoxide alarms – New updated legislation that came into force in 2022 needs to be adhered to.

Deposit Protection- Is your tenants deposit protected, was it protected within the correct timescale?

Furniture and Furnishings – If your property is furnished all items must all abide by the Furniture and Furnishings Fire Safety Regulations 1988.

Electrical Safety Standards – To abide by regulations, landlords must ensure that fixed electrical installations such as wiring, sockets and light fittings etc are tested by a qualified electrician at least every five years and a satisfactory report issued.

Legionnaires disease – Health and safety regulations state that risk assessments for Legionella bacteria must be carried out.

Right to rent check – As a landlord you can only let your property to a tenant who has the legal right to live in the UK.

Prescribed Information – Was your tenant issued with the correct prescribed information at the start of the tenancy ?

Rent Arrears – Are you following the correct procedure to regain possession in the event of rent arrears ?

HHSRS Regulations – This recent act covers 29 aspects of health and hazards within the property.

Any single breach would mostly likely make it very difficult to regain possession of your property.
 

As you have just discovered, there are a large number of items and factors that need to be considered and complied with when letting out a property. With over 175 pieces of legislation needed for a compliant let we can ensure all that legislation and criteria is met for your property with our range of landlord packages.
 

And that is not all………..
 

Currently working it’s way through parliament is The Renters Reform Act, this will see some of the biggest changes the private rental sector has ever seen.

·       Abolishing section 21 notices

·       Landlord Register

·       Introduction of a decent home’s standard

·       Single system of periodic tenancies

·       More rights for tenants to keep pets.

·       New ombudsmen to cover all landlords.

·       Bans on renting to families with children or claiming benefits will be outlawed.

We are offering a free property health check review to landlords along with a free market appraisal to check the rent being charged is in line with values today. Let us help you to be compliant and earn a better return in 2024.

As the responsibilities increase on Landlords now is the time to let an agent do the hard work for you.

Get in touch with our friendly team today on 01664 563892 or email [email protected]