Letting a property can be a bit of a minefield for landlords, as there are now over 150 individual, complex pieces of legislation covering rental properties.
The potential consequences of none compliance, even if you breach them unknowingly simply from not fully understanding the requirements, can be severe; for example a letting agent or landlord found guilty of an offence under the Immigration Act 2016 will be liable to imprisonment for up to twelve months or to a fine or both on summary conviction (Magistrate’s Court) or up to five years imprisonment or a fine or both if convicted on indictment (Crown Court).
Here at FW, we ensure we are always up to speed with the current regulations, via our ARLA Propertymark membership so we can ensure our landlords are protected. We pride ourselves on our expert knowledge, tailored advice and support for landlords.
If you currently manage your own properties and are considering switching to a Fully Managed Service in light of all these changes, please contact us now to discuss how we can assist you.