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5 KEY BITS OF LEGISALTION TO REMEMBER BEFORE

LETTING YOUR TENANTS MOVE IN! (And how to avoid

a big fine!)

Managing your own property isn't easy. With constant legislation changes, keeping on top of it all can sometimes seem like a full-time job. But don't panic, here are 5 key things you need to remember before allowing a Tenant to move in and what it could cost if you get it wrong!

 

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1. Right to Rent Check – A Right to Rent check requires Landlords/Agents to determine the immigration status of all prospective adult tenants by checking their ID before the start of a tenancy.  Failure to conduct a Right to Rent check has the potential for an UNLIMITED FINE and a PRISON SENTENCE.

 

2. Gas Safety Inspection - As a Landlord letting a residential property, you have a legal duty to ensure it’s safe for your Tenants. This means you are required by law to get a Gas Safe Registered Engineer to do an annual gas safety check on all gas appliances.   Penalties for failing to conduct a gas safety certificate and providing a copy of this to your Tenant when renting a property, include a substantial FINE and/or IMPRISONMENT.

 

3. EICR’s - An Electrical Installation Condition Report (EICR) identifies any damage, deterioration, defects and/or conditions, which may give rise to danger along with observations for which improvement is recommended.  From the 1st April 2021 it has been a legal requirement to have an EICR and failure to have a valid certificate in place could result in you facing a £30,000 FINE.

 

4. How to Rent Guide - This guide is for Tenants and Landlords in the private rented sector to help them understand their rights and responsibilities. It provides a checklist and more detailed information on each stage of the process, including: what to look out for before renting and living in a rented home.  Before a new tenancy is created a How to Rent Guide must be given to the ingoing tenant.  Failure to do so could result in you being UNABLE TO EVICT YOUR TENANT.  This would also apply if you cannot provide evidence, when requested,  that the document was given to a tenant.

 

5. Failure to Register a Deposit – Failure to register a deposit with a recognised scheme could result in a fine of up to 3 TIMES THE DEPOSIT AMOUNT.  If a deposit is not registered you cannot serve a Section 21 notice to gain possession of your property, which would result in you being UNABLE TO EVICT YOUR TENANT.

 

This only scratches the surface though, in the past 10 years there has been as many as 170 pieces of legislation introduced.  If you’re worried that you might fall foul of any, why not download our handy guide below to check you’re full compliant.

 

Still want more? Why not download our 170 bits of key legislation guide to keep you out trouble! 

 

 

Worried you've missed something? Why not book a FREE 15 minute call with one of our Lettings Experts to see if you've missed anything?

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