Fancy a £30k fine? Watch Out for EICR!

With gas safety regulations, EPCs, legionella risk assessments, HMO licensing and other paperwork we need to make sure we're on top of, the government has pulled another one out of their pocket for us to deal with! Electrical Installation Condition Reports (EICR) are the latest hoop we need to jump through to keep your investment (and tenants) safe! You'll need an EICR for every property let after the 1st July 2020 and has to be performed at least once every five years. If you don't, you're facing fines of up to £30'000! An eye-watering amount that makes the cost of [...]

By |2020-05-29T19:53:48+01:0029th May, 2020|Free Landlord advice, Landlord Law, Landlords|0 Comments

Legal Compliance for Self-Managing Landlords: What YOU Need to Know

Being a self-managing landlord is scary, you're responsible for keeping on top of the 150+ pieces of legislation that apply to private rented housing that, should you fall foul of any of them, could see you on the receiving end of hefty fines and even a prison sentence. This article tells you what you need to know to be a legally compliant landlord in England (though references to local authorities will be with Leicester City Council in mind, each local authorities may have slightly different rules). These tips should enable you to put your best foot forward in the [...]

Landlord’s Guide to Rent Arrears and Eviction

It doesn’t take much imagination to imagine the consequences of non-payment of rent; not only does it impede your ability to pay your mortgage or other costs associated with being a landlord and when left to spiral out of control, it can have devastating effects on your investment, including repossession if there are debts associated with the property purchase and it may likely even result in homelessness; It could also have an adverse effect on your overall opinion of being a landlord. Therefore, it is imperative to deal swiftly with rent arrears and solve any problems preferably before they arise. In this guide, you’ll learn good [...]

Landlord Law: List of Laws Landlords Need To Abide By

Being a landlord is brilliant, owning high yielding properties, the day to day management of your properties, liaising with tenants, dealing with their issues, often having to take on responsibilities of housing providers and social workers as you help your tenants to budget their money to ensure next month's rent comes rolling in... But it's not all fun and roses. Have you considered all the laws you have to be aware of? Last year, we released an article detailing more than 125 laws you need to be aware of as a landlord if you're letting property in the United Kingdom and property [...]

By |2019-06-07T21:37:25+01:006th June, 2019|Landlord Law, Landlords, Private Rented Sector|0 Comments