Recent laws have demanded that landlords ensure that buildings are safe. Most landlords have adopted the standards, absorbed the higher costs have complying with the standards and implemented changes to ensure the safety of tenants. However, some landlords continue to break the law. England has decided to increase the financial penalty of landlords who don’t comply with regulations, potentially ban them from letting, and share their information and negative reviews across a database. The most common offenses are violating the housing act of 2004, letting to people who aren’t supposed to be in the UK, failure to protect a deposit, health and safety violations, failing to apply for a license, and failing to register with the local council. It is important for a landlord to find a firm that is part of a self-regulating industry organization such as ARLA Propertymark, UKALA or RICS. At Your Move can help landlords comply with the law and are apart of ARLA.
Key Takeaways:
- Legally letting a property requires understanding over 150 different laws aimed at keeping tenants safe
- For England, monetary fines are now not the only punishment for landlords that fail to adhere to the law
- Landlords must apply and upkeep a license to officially operate rental properties
“Good landlords – and that’s the vast majority – have taken on board all the legislation and absorbed the ever-increasing cost of letting a property legally.”
Read more: https://www.your-move.co.uk/blog/what-are-the-penalties-for-landlords-who-break-the-law
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