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Welcome to Day 4 of "Tenancy Compliance Week" 2017, powered by Upad Basic, a new service from Upad that assists landlords in being compliant.Upad Basic offers landlords advertising on Rightmove, Zoopla and Prime Location for just £45. Enquiries can be managed through an online account and email queries will be answered by Upad’s Customer Care team within 48 hours.Upad Basic also includes the Tenancy Compliance Service: landlords upload legally required documents including EPC, Gas Safety Certificate, Deposit Protection Certificate and Prescribed Information to their online account. Finally, Upad provides the Gov.uk How to Rent Guide and serves to tenants in one combined document with proof of service.Today, Upad Basic focusses on the How to Rent Guide and EPCs when setting up a tenancy compliantly.
The "How to Rent Guide" is a gov.uk document, which explains to tenants what their responsibilities are, what their landlord’s responsibilities are and, well, how to rent a property!
It may seem a fairly insignificant document in the face of other legislation and required documentation, but landlords can’t serve a Section 21 eviction notice if they don’t give a copy of the How to Rent guide to tenants. The guide has already been updated twice since the Deregulation Act 2015 made it compulsory to serve, so landlords should make sure to provide the most recent edition.
Landlords can serve a hard copy of the guide along with other required documents (EPC, Gas Safety Certificate, Deposit Certificate, Prescribed Information) before tenants move in. Alternatively, an electronic copy can be served but a tenant’s consent should be given to receive documents this way, or request a read receipt.
An EPC, short for Energy Performance Certificate, provides information on the current energy efficiency of a property, projected fuel costs for the year and recommendations to improve the rating.
As with the How to Rent guide, tenants must be given a copy of the EPC before they move in to a property, otherwise you’ll be prevented from serving a Section 21 notice. Many landlords feel this document is not important, often stating that tenants are not interested in them. However, just as a property buyer needs to be made aware of all material information about a property before purchasing, a tenant should too.
From next year, minimum efficiency standard will be brought in and prevent landlords from letting out properties. The minimum rating will be E, so those at F or G ratings will need to be brought up to an E standard if a landlord wants to rent it out. As with the existing EPC legislation, some properties (such as religious buildings and listed buildings) will be exempt- landlords will need to check if an exemptions apply to their properties.Catch up:Monday - Launch of Upad BasicTuesday - How to protect a tenant's deposit correctlyWednesday - Gas safety in a rental property
Find out more about Upad Basic SEE ALSO - Moving in check list for tenants.UP NEXT - 10th birthday of EPC - time to check yours?DON'T MISS - Setting up a tenancy correctly - legal dutiesNOW WATCH:
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
A new version of the "How to Rent" Guide was issued on the 17th January 2018.How to Rent GuideIt is important to make sure you issue the correct/latest version.Thanks to Nicole Barrett-Rae on the HMO Group for the heads up!