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:
All properties marketed for rental must have a current. In addition, there must be a relevant Energy Performance Certificate
All properties that have gas heating or appliances should have a current Gas Safety Certificate
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.
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.
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
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.