Paul Ainsworth Lord from Ainsworth Lord Estates and Letting Agents in Darwen, Blackburn and East Lancashire discusses Landlords and the Law.
Being a landlord is a responsible role and carries certain legal obligations.
Below is a very brief summary of just some on the areas covered by laws and regulations. *
Do you have permission from your mortgage lender to let the property?
This is a very important document in the lettings process. The Assured Short-hold Tenancy (AST) is the most common type of agreement which provides the tenant with certain protections and gives the landlord rights to regain possession.
Every gas appliance must be checked before a tenant moves in and annually thereafter.
Any electrical appliances in the rented property must be checked by a qualified engineer to verify their safety.
As a landlord, your property must have one of these certificates assessing its energy performance.
Properties built after 1992 must have mains wired smoke alarms on each floor. We strongly recommend that landlords provide smoke and carbon monoxide alarms in their properties.
All rental income from property in the UK is taxable. If you are unsure of your liabilities contact a specialist tax accountant.
For all AST’s the tenant’s deposit should be registered with a recognised deposit protection scheme.
Before the rental starts a full inventory should be undertaken and supplied to both the landlord and tenant.
*The information here is for guide purposes only. It does not constitute legal advice.
Thanks for reading and if you have any other property related questions please don’t hesitate to get in touch with us – we’d love to help you.
PS: If you want to let your property quickly, professionally and cost effectively:
Call Ainsworth Lord Estates and our team on 01254 760 660
Pop into our office at 49 Market Street, Darwen, Lancashire, BB3 1PS
For honest, expert and friendly advice.
Estates and Letting Agents in Darwen, Blackburn and East Lancashire.