Landlords have been faced with a barrage of regulatory changes in recent years – and it can be difficult to keep up with the new rules.
New research highlights how many landlords know the correct rules for renting out a room, covering issues such as tenant deposits, smoke alarms and how much notice must be given before entering a property.
Would you know the correct answer to these rental questions? Take a look below.
A massive 91 per cent of landlords don’t follow the correct process when it comes to tenants’ deposits.
Prescribed Information is the specific information regarding the protection of a deposit and it must been sent to everyone who contributed financially to the deposit.
A total of 51 per cent of landlords answered this question incorrectly.
As a landlord, you need to have checks carried out by a registered Gas Safe engineer on an annual basis. After that, you have to provide the tenant with the certificate within 30 days.
Less than a third – at 32 per cent – of landlords know the legal requirements for the number of smoke alarms required.
The correct answer is one on every storey. You can read our article on smoke and carbon monoxide detectors for more information.
The majority of landlords at 82 per cent are unfamiliar with the legal size of a room that can be rented out to a single person.
The rules apply to houses in multiple occupation, with the room size being a minimum of 6.51 sq metres.
For a couple, it is 10.22 sq metres, and for a child under 10 years old, it is 4.64 sq metres.
Only 18 per cent of landlords know they must give 24 hours before requesting to enter their rental property. Check out our article for more on landlord access rights
Adam Male, director of lettings at Urban.co.uk - which carried out the research - said: “With more and more legislation coming into effect and those already in place being amended, it isn’t easy to stay in the loop”
If you’re unsure of any of your legal obligations as a landlord, read our full article to help get yourself up to speed.
Did you know the answer to these questions? Let us know in the comments
We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer
12 January 2018 • 2-minute read
Tenants are often willing to pay extra for perks that add something extra to a rental property, whether it’s a concierge service or bike…
14 October 2019 • 4-minute read
As the evenings draw in and the temperature drops, it’s a period of change for everyone – not least landlords. The colder months are…
6th Floor99 Gresham StreetLondonEC2V 7NG
Sol House29 St Katherine's StreetNorthamptonNN1 2QZ
© Copyright 2020 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.