Letting your property involves various important considerations, and we are here to guide you every step of the way. Our team can help you fully understand your obligations and responsibilities, providing the support you need to successfully let your property.
Getting the Basics Right
- General Condition of Your Property – Your property should be presented to a high standard and in good decorative order. This includes a fully equipped kitchen with modern appliances, up-to-date bathrooms, and well-maintained outdoor spaces.
- Gas and Electrical Equipment Safety – All appliances must be in good condition and comply with current safety regulations.
- Smoke Alarms and Carbon Monoxide Detectors – Working smoke alarms should be installed on every floor, and carbon monoxide detectors must be placed in areas with solid fuel appliances.
- Energy Performance Certificate (EPC) – The EPC rating for your property must be E or above.
- Furniture – Any furniture in the property must be purchased in the UK and meet current safety regulations.
- Consents to Let – Ensure you have the necessary consents to let your property, which may include approval from your superior landlord, mortgage lender, or insurance company.
- Licensing – Check with your local authority to determine if you need a licence to let your property.
- Insurance – You will need to have adequate insurance cover for buildings, contents, and public liability.
- Tax/Non-Resident Landlord – If you live outside the UK, you must register with HMRC as a non-resident landlord.
Key Legislation
As a landlord, you must comply with several key pieces of legislation, including:
- The Gas Safety (Installations and Use) Regulations 1998
- The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020
- The Smoke and Carbon Monoxide Alarm (England) Regulations 2015
- The Furniture and Furnishings (Fire)(Safety)(Amendment) Regulations 1993
- The Immigration Act 2014
- The Money Laundering Regulations 2017
- Section 11 of the Landlord and Tenancy Act 1985
- Safety Standards for internal blinds and curtains
- The Minimum Energy Efficiency Standards (MEES)
If you have any questions about your responsibilities as a landlord or are considering becoming a landlord, please don't hesitate to contact us.