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  • Buy-to-Let

    Tenants are people, not a rent payment!

    As we all know, being a Landlord is a "people" business. We provide a service to our clients (tenants). It's important to remember that tenants are people, not just a rent payment!
    We have many LEGAL obligations that we have to meet as Landlords. These constantly change.
    To keep up to date with the latest legislation, have a look at this website.
    http://www.landlordlaw.co.uk/
    It is your duty as a Landlord to keep up to date with the latest government legislation. There are heavy penalties for those that don't comply.
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    I agree the penalties for not complying are extreme some even mean custodial sentences!! so I would advise that if you are unsure of anything it is worth speaking to a letting agents for advise, it does not mean you have to use them but a good letting agents is always happy to help and secondly Letting agents are there for a reason and worth using to your advantage.
    I have worked in the property market for a long while and landlord's or their agents lose out due to not taking care of the tenants correctly ......Tenants are the landlords clients they have paid for a product in which throughout their tenancy/contract should be in fully working order with all guarantees, certificates and receipts, just like if we buy a property we expect all before we buy with no excuses.
    remember without tenants all of us would be lost so in order not to keep finding tenants every 6/12 months.... be fair to them and you will find that they will renew in the right circumstances which will keeps your cash flow up!!
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    Thank you Vanessa for mentioning my site! Yes, there is unrelenting regulation for landlords! But it can be dealt with, and many landlords manage their own properties very successfully. Sites like this are a great help. Landlord Associations are also sometimes very useful.
    Tessa
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    Tessa Shepperon Landlord Law | Landlord Law Blog |

    There is an article in the Times newspaper today that discusses reluctant landlords and their failures in acting in the best interests of their tenants in light of the new regulations. I know this has been discussed in numerous threads on the forum but it's still early and I am unable to locate the best place for it so I'll post it here.
    You can view it here.
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