Landlords Guide

In the UK, private renting is becoming the norm. The rental sector has more than doubled since 2001, rising from 2.3 million to a mammoth 5.4 million privately rented homes in the UK.

This trend is set to continue, so there’s never been a better time to consider becoming a private landlord.

Our detailed landlords guide is designed to help anyone taking their first steps on the path towards becoming a landlord. Whether you’re an accidental landlord, or someone who’s always aspired about a career in property, you will find all the information you need to get started right here.

What is the process for becoming a Landlord?

• Find the property that you wish to rent out. When finding the property, think about the property as an investment, what will be easiest to rent out?
  Don’t be constrained by your own tastes.
• Find your letting agent; our team can help guide you through the process of renting your property.
• Establish how much rent you should charge; we will be able to advise you on how much rent you should be charging.
• Ensure that you’re property is safe. As a landlord, you have a responsibility to your tenants, therefore, you need to be on top of:
  • Gas safety;
  • Furniture and furnishing regulations;
  • Electrical regulations;
  • Housing, health and safety rating system (HHRS);
  • Tenancy Deposit Scheme (TDS);
  • Energy Performance Certificates (EPCs);
  • Houses in Multiple Occupation (HMO);
  • Income tax;
  • Legionella.
• Advertise and find a tenant; we will help you place your product online, and it is important to prepare for viewings.
• When you have found your tenant, we carry out referencing and credit checks prior to the tenant moving into your property.
• Get the insurance you need. Generally, domestic policies do not cover rental properties, so, speak to us about rental insurance.
• Before your tenant moves in, make an inventory of all of the contents of the property and its condition. This will protect you against people mistreating the property.
• Collect your deposit and place it in a government protected scheme (as you are legally obliged to do). From here, you can begin collecting rent.
• When the tenancy is set up and you begin to receive rent, your responsibilities lie with the tenant and the general maintenance of the property.
• Renew the contract as required and conduct regular property inspections to ensure that your property is taken care of.

Advice for Landlords

we have the experience and local knowledge to provide the service that Landlords need, whether they are just entering the letting market or have an established portfolio, which they are looking to extend and grow. Reach out today to get the advice you need to get on the rental market.

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