Becoming a landlord can be a great joy or if you are new to being a landlord or have become an accidental landlord the responsibilities associated with being a landlord can be overwhelming. Obviously as a landlord you wish to be making money, which at face value makes sound commercial sense. There is also the added risk of overlooking some of the legal compliance with being a landlord and the law for tenant and landlords, which could land you with heavy fines or even in jail. We would strongly advice that the landlords law is not under estimated.
Need help with the maze of legislation? – Call your local experts at Letting Agents Wolverhampton
To help we have listed some of the legal bits you need to have in place.
- Gas safety check
- Fire safety
- Smoke alarm & carbon monoxide regulations
- Electrical safety
- Legionella risk assessment
- Energy performance certificate
- Deposit protection
- Inventory report
- How to rent guide
The market place is currently buoyant with the requirement for rental property but as legislation grows, the issues relating to landlords law are continuing expand and become more and more onerous. For landlord with property with the Willenhall, Bilston and Perton areas our Letting Agents Wolverhampton office offers a full lettings management service providing peace of mind with issues relating to landlord and tenant law, call our team.