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Whether you’re a seasoned buy-to-let investor or a first-time landlord you need to keep sight of everything that needs to be done to stay compliant when letting. Failure to stay compliant with the latest regulations could lead to fines, or even prison in the most extreme cases. Thus landlord compliance is not something you should take lightly.
To help keep you on track we have put together a useful landlord compliance checklist to refer to;

Beyond the above compliance regulations there are further responsibilities to keep in mind when letting a property.
As a landlord you are responsible for the majority of repairs and maintenance in your rental property. This includes electrical, wiring, plumbing, hot water & heating and repairs to the external structure and integrity of the building.
It’s also your responsibility to ensure that your rental property is ‘fit for human habitation’ for the duration of the tenancy. This covers issues such as damp, mould, vermin infestation etc. If the tenant believes you haven’t fulfilled your obligations in this regard, they can take you to court.
When letting a property in England you are required to check your tenant’s right to rent your property. You must also protect your tenant’s deposit in a government-approved security deposits scheme.
Finally, as a landlord you should keep detailed records and copies of all the relevant compliance documentation. You should also keep copies of your tenancy agreement, inventory and income so you can complete your annual tax return.
Now you have a good overview of the responsibilities involved in being a landlord. You need to seriously consider whether or not you can commit to managing the property yourself. Many landlords feel they are better off instructing a letting agent to manage the process for them.

Managing property can be overwhelming, stressful and time-consuming. Most landlords decide to put their trust in a letting agent to handle the process and take away the hassle. It’s important to understand exactly what your letting agent offers as part of their management service. Service levels and standards vary widely between agents. Click here for an article on six common pitfalls to look out for when instructing a letting agent.
Are you letting a property in Poole, Bournemouth, Christchurch or the surrounding areas? If you would like to discuss the compliance of your rental property further our team are here to help, contact us here.
Book your complimentary sales or rental property valuation now.
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