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First time landlord questions
flopsy1973
Posts: 718 Forumite
Hi I will soon be renting out my property and am going to manage the property myself. What are the legal responsibilities i have to comply with as lots of information out there recommends the following- electrical safety certificate more info on this, EPC ccertificate is this a legal requirement???, i have mains operated smoke alarms fitted what are my responsibilities there??? and what is the best tenancy deposit bond scheme as i understand there are 2 different types. Are there any good websites out there for landlords starting out. Many thanks for your help
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Comments
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New Landlords (information for new or prospective landlords)0
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landlordzone.co.uk - also try joining NLA - I have read dozens of books and still come back to the same two, saving property tax - from the tax cafe! series of books and david lawrensons latest book on property letting0
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Will you be using a Letting Agent to find a tenant? As a first-time landlord that is a VERY good idea.
They will handle the bulk of the pre-letting requirements for you, if you need them to. They can advise if you want to do them yourself.
Things that are firm/legal requirements...
- EPC pre-letting
- Independent deposit protection during letting
- Gas safety certificate pre-letting and annually
Smoke alarms are a good idea, but are only a legal requirement for HMOs.0
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