Is your property legal?
Potential landlords should be aware of certain legal aspects. This ensures the property is fully compliant with current legislation.
Therefore, the main areas are as follows:
Energy Performance Certificates
All properties marketed for rental must have a current. In addition, there must be a relevant Energy Performance Certificate
Gas Safety Certificates
All properties that have gas heating or appliances should have a current Gas Safety Certificate
Furnishings
All furnishings left in a property for the tenants use should meet the current fire safety regulations. In addition, labels to show they meet fire regulations are vital.
Tenancy Deposit Registration
It is a legal requirement for landlords to register any deposit collected. Hence tenants know their deposit is safe. For more information on Tenancy Deposit Registration, please click here.
Electrial Safety
Only required for a House of Multiple Occupation (HMO). Much as this is the case, for best practice an electrical safety test is conducted every 5 years
Insurance
Most mortgage companies will insist on at least buildings insurance in place. While this makes sense, it’s easy to overlook. For more information – click here.
Consent to Let
Some mortgage companies may also require landlords to obtain a consent to let from them if they do not have a Buy to Let mortgage on the property.