The law is clear: landlords have a duty to ensure their properties are safe, legally compliant, and fairly managed. Here are the essentials:
- Licensing:
- Check if your property requires a House in Multiple Occupation (HMO) licence.
- Some boroughs operate additional licensing schemes. Failing to comply can lead to fines of up to £30,000.
- Right to Rent Checks:
- By law, you must verify that all tenants over 18 have the legal right to rent in the UK.
- Keep copies of ID documents and follow the Home Office guidance.
- Deposit Protection:
- Deposits must be placed in a government-approved scheme within 30 days.
- You must also provide tenants with prescribed information. Failure to comply can cost up to three times the deposit.
- Documents You Must Provide:
- Energy Performance Certificate (EPC).
- Gas Safety Certificate.
- Electrical Installation Condition Report (EICR).
- The Government’s “How to Rent” guide.