Becoming a landlord

Becoming a landlord

Before you decide to become a landlord, you should be aware of the legal obligations. Failure to comply with your obligations as a landlord can be costly and, in rare cases, deadly.

These are just some of the things you will need to consider

  • Right to rent – you must now carry out nationality checks on prospective tenants to ensure they are entitled to be resident in the UK
  • Tenancy deposit – if you are asking for a tenancy deposit, you must protect it in a tenancy deposit scheme and provide the tenant with the prescribed information for that scheme.
  • Safety checks – you will need to make sure that your home is safe. You must ensure that all gas installations are checked annually (and provide a gas safety certificate at the start of the tenancy). If you have an open fire, you should provide carbon monoxide alarms and check the properties electrical systems on a regular basis.
  • Repairs – as well as making sure your property is safe, you also need to carry out repairs if you become aware of something about the property which requires fixing.
  • Security of tenure – all assured shorthold tenants will have a period of 6 months from when the tenancy starts in which you cannot serve and rely on a notice to evict them on a “no fault” ground.
  • Loss of income for non paying tenants – if your tenant does not pay the rent, it will take a few months at least to evict them. This can potentially result in long periods without any rental income.

Please do not hesitate to contact us here for more information.

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Carole Spencer, Head of HR Westward

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