Like all business owners, landlords have certain legal responsibilities that they must adhere to. There are certain things that they must do to ensure the property is safe and that the rental agreement is fair.
To help you ensure that you are staying on the right side of the law when renting out property, we have put together a guide to the basic legal requirements for landlords. To find out more, keep reading below:
By law, you are required to have an annual inspection of the gas supply and appliances in your property. If you skip this vital check, you could be fined thousands of pounds, so it is important to keep a note of when your next gas safety check is due.
The gas safety inspection must be carried out by a fully trained, registered gas engineer. And once completed, any problems or issues should be immediately dealt with.
As the landlord, it is your responsibility to keep track of your gas checks and ensure that all your properties are fully up to date with them. Otherwise, you could get in a lot of trouble or even be prosecuted.
Before any new tenants can move in, an electrical safety test on the property must be completed. The electrical safety check should make sure that all electrical appliances and the electrical supply are legal.
The electrical safety check needs to be carried out by a professional electrician, and should not be attempted yourself. As well as getting each properties electronics checked before a new tenancy starts, you should also have them check once a year.
Energy performance certificate
It is a legal requirement that before renting out a property, it must have an updated energy performance certificate.
Energy performance certificates will take into account things like insulation, heating, and the boiler. As well as rating the property on how energy efficient it is. To make your property more energy efficient there are certain things you can do. Such as getting loft insulation and replacing all windows with double glazed alternatives.
While landlord’s insurance is not technically a legal requirement, it is an essential one. You most probably have a large amount of money invested in your properties, and so, it is important to protect that investment.
By investing in landlord’s insurance from uklandlordinsurance.com, you can relax, safe in the knowledge that your property is safe. From fire or fire to floor or vandalism, you know that no matter what, your property and belongings are covered. So, no matter what happens, you won’t end up out of pocket.
A tenancy agreement is a legal agreement between the landlord and tenants. It sets out both parties’ rights and responsibilities and contains important details such as the length of then tenancy. As well as, other things like whether or not pets are allowed at the property.
If the tenancy is for under a period of three years then you do not legally have to put a tenancy agreement in place. However, it is a good idea to do so.