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Landlords
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At the end of a tenancy, a landlord is entitled to receive their property in the same condition as when the tenancy started, except that fair wear and tear is to be expected. According to the Supreme Court, a tenant cannot be held liable for changes in a property caused by ‘the reasonable use of the premises
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The private rented sector in England is governed by an increasingly complex array of legislative and regulatory requirements, a breach of which can carry significant financial penalties or even cause a landlord to conduct a criminal offence.
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When you let property in the private rented sector there is a considerable amount to think about. You will need to ensure that you are compliant with all laws and regulations, that you get yourself and your property ready and that you find the right tenant.
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If you are planning to let out a property in the Private Rented Sector, there is a considerable amount of work that you will need to do to ensure that you are compliant with legislation and that your property is safe and ready for tenant occupation. Our checklist is designed to help you get things in order.
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Whether you are thinking about making your first buy to let investment, or you are an experienced portfolio landlord, there is lot that you need to consider when you let out a property. In fact, it can all seem a little overwhelming. But don’t panic, we are here to help. We can assist you navigate what needs to be done to be successful.
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Property investors are typically looking to achieve both a capital gain and an income flow (sometimes measured and referred to as “yields”). That sounds complicated – right? People say, “I don’t have a degree in finance – I can’t understand that stuff”. Well its actually pretty straightforward as we explain below.
