On 1st July 2020, EICR’s (Electrical Installation Condition Reports) are mandatory for new tenancies. If you breach the law, you could be ultimately fined up to £30,000. It really does pay to be in the know about the hundreds of different laws, rules and regulations which are constantly changing as being unaware could cost you thousands.Book a free consultation
Do you know the answer to the following three questions? If not, don’t worry, we are here to help.
If you need the answers, they’re below. You can also get advice from our property management specialists.Chat to our team for free
29 July 2019. And this date changes regularly. This is important as it’s a statutory requirement to give the ‘How To Rent Guide’ to a tenant at the start of the tenancy, and again on the tenancy renewal if the document has been updated since. Failure to do so could mean that a section 21 notice is invalidated. What does this mean? You might not get back possession of your property when you need to.
Since the Tenant Fees Act 2019 came into force, you could get a whopping £5,000 fine. Plus, you wouldn’t be able to serve notice to end the tenancy until the prohibited charge has been paid back to the tenant. If you did it more than once, the fine can be up to £30,000, and include a ban on renting out property.
Many, many things. Invalidating a section 21 (Form 6a) notice means you might not get back possession of your property when you need to. Common ways you can get caught out include having an expired compliance certificate, eg a gas safety one or an EPC, and not protecting the tenant’s deposit in a Tenancy Deposit Scheme within 30 days of the tenancy starting.
As highly experienced property managers, we keep ourselves constantly informed about the very latest laws, regulations and rules for landlords. They change all the time, so it can be a job in itself, but it is what we do after all. Let us know if you’d like us to lighten your load, and do all the work instead.Book a free consultation
it isn’t easy being a landlord these days so we are here to make things simple and give you peace of mind. Things like offering you a top notch Rent Protection Insurance which we call RP Pro. It is there to help safe guard your income and we think is one of the leading products currently available. After all, what is more important than making sure your rent is going to be paid?
We can also do everything for you. Or just as much as you want. Here’s what we offer: