As a landlord, there are certain legal obligations that you have to meet when letting your property. These ensure that the property is safe for the tenant to live in. The law requires Landlords to maintain their property and undertake any major repairs that are required. In addition, there are special rules that apply:
Energy Performance Certificate (EPC)
Landlords need to produce an Energy Performance Certificate (EPC) for their tenants and applicants every time they let their property. All properties must have a minimum grade of E or above to be rented, unless they are exempt. Visit www.communities.gov.uk
Gas Safety Certificate
Landlords must comply with the Gas Safety (Installation and Use) Regulations 1998, and carry out all necessary maintenance to gas appliances and gas pipe work in their property through a Gas Safety Registered engineer. You are also legally responsible to arrange for an annual gas safety check every 12 months. Visit www.gassaferegister.co.uk
Furniture & Furnishings Regulations
It is an offence to let a property with any furniture or furnishings that do not comply with safety regulations set out in the Furniture and Furnishings (Fire) (Safety) Regulations 1988 (as amended in 1989 and 1993). Visit www.firesasfe.org.uk
Smoke Alarm & Carbon Monoxide (Co2)
Since June 1992, building regulations have required that all properties built have a smoke detector installed. Property built after June 1992 must have mains operated smoke detectors on each floor and a Co2 alarm fitted if there is a gas supply. Visit www.direct.gov.uk
Electricity Installation Condition Report (EICR)
From 1 June 2020, new Regulations require landlords to have the electrical installations in their properties inspected and tested by a person who is qualified and competent, at least every 5 years. Landlords have to provide a copy of the electrical safety report to their tenants, and to their local authority if requested.
Mortgage and leasehold
If you have a mortgage you should obtain consent from your mortgage lender. If your interest in the property in leasehold your lease may require you to obtain consent from your landlord prior to sub- letting.
Standard home owner insurance may well be validated when you let your property; however we advise a more comprehensive insurance package to cover you in all situations. You may want to consider Buildings Insurance, Contents Insurance, Home Emergency Cover. However, for your peace of mind, our Lets-Cover insurance solutions policies provide landlords and tenants with a range of insurance solutions at competitive premiums. Visit www.lets-cover.co.uk
Rental Income Tax
You are required to pay income tax on rental income and have legal responsibility to notify Revenue and Customs of any liability. Visit www.hmre.gov.uk/landlord
Privately Rented Property License (from Council)
Please note that we have to receive a copy of your Rented Property License before we can let out your property (where applicable). If you do not have a license, we can apply for it on your behalf (You will incur additional costs). Alternatively you can apply for it yourself. It is mandatory to provide us with your license and HMO license where applicable no matter which service you require. Some arrears may require planning permission depending on the type of tenants you let too. It is the Landlord’s responsibility to ensure the correct planning permission and license is granted (where applicable).
From 2007, all new Tenancy deposits must be protected by a government Authorized Scheme. Prime Estate Agents can do this at no extra cost to you, the government scheme we use is Deposit Protection Service (DPS). However if you choose to do you may also use MyDeposits, Tenancy Deposit Scheme (TDS) etc.This new rule applies if Tenancy is an assured Shorthold Tenancy. Visit www.direct.gov.uk/tenancydeposit for your peace of mind.
The Housing Health and Safety Rating System (HHSRS)
The HHSRS provides an analysis of how hazardous a property is through assessment of 29 potential hazards found in housing. Landlords have to maintain their properties to provide a safe and healthy environment. The HHSRS is enforced by local authorities.
The Disability Discrimination Act 2005
The DDA 2005 addresses the limitations of current legislation by extending disabled people’s rights in respect of premises that are let or to be let, and commonhold premises. Landlords and managers of let premises and premises that are to let will be required to make reasonable adjustments for disabled people.