your responsibilities as a
We’ve seen the introduction of a never-ending list of constantly updated rules, regulations, and new laws that impact landlords across Leicester.
There are now more than 175 pieces of legislation that landlords with properties in the UK must comply with.
Falling foul of these rules can have severe consequences. Landlords must be aware of these laws and run their property portfolios professionally. This approach keeps their investments protected and their tenants safe.
There are more than 175 rules and laws that govern what you can, can’t and must do when you are a landlord. Rather than list them all in this guide, we’ve picked the main areas of responsibility that landlords need to think about. We’re happy to discuss these and any of the other regulations with you in greater detail.
MYTH: I own the property, so I can turn up at it whenever I like to check it out.
FACT: The Landlord and Tenant Act 1985 allows a landlord access to inspect the property, as long as they have given at least 24 hours’ notice and the proposed visit is at a reasonable time. However, the tenant must be given the opportunity to refuse the visit.
MYTH: I can change the locks and take back my property at any time if my rent isn’t paid on time.
FACT: You must follow a strict set of procedures and legal steps including court orders and potentially bailiffs. Call us to discuss this further if you need more detailed advice.
MYTH: I can leave white goods/items in the property, but I don’t have to repair them.
FACT: Anything supplied with the property at the commencement of the tenancy is the landlord’s responsibility to repair and maintain, providing any damage has not been caused through misuse or neglect.
MYTH: I can have a copy of my tenant’s referencing forms.
FACT: You can request this but you will need the tenant’s consent before these forms can be provided.
MYTH: I can chuck a tenant’s stuff out if they abandon the property.
FACT: You must check your original tenancy agreement for an abandonment clause. If no clause is in there, it is usual for a landlord to be duty-bound to hold/store items for three months before disposing of them. Remember, there is a process for regaining possession/surrendering tenancy for abandoned properties.
MYTH: I can make a profit on utility bills on inclusive rents.
FACT: No, you can’t. You must charge whatever the tenant has used and not put anything on top.
MYTH: I can make deductions to the tenant’s deposit.
FACT: There’s a process to follow before deductions can be made to a deposit. These deductions require agreement from the tenant or arbitration from the authorised deposit scheme being used.
The price of getting it wrong
The penalties and punishments of falling short of your responsibilities as a landlord can be severe.
Hefty fines and prison sentences can accompany the most serious breaches. Also, any run-ins with local authorities and government agencies can prove extremely stressful and time-consuming for landlords. It’s the main reason why we created this guide – to help landlords avoid a compliance calamity which is often due to not knowing their responsibilities rather than wilful negligence.
Knightsbridge Estate Agents & Valuers – Company Number: 03895928
Knightsbridge Professional Lettings – Company Number: 09983885
Registered Address: 72 Queens Road | Clarendon Park | Leicester | LE2 1TU