In the midst of the UK’s housing crisis, it’s difficult to be a tenant. That’s widely acknowledged. It can also be difficult to be a landlord in this climate though. Pressure is building on all sides and now, more than ever. It’s vital to know your legal duties and rights as a landlord.
Though many landlords are crystal clear on their duties according to the tenancy agreements they have drawn up, relatively few know what is supposed to be in every tenancy agreement, and what is generally required of them by law. Clarity on these matters should allow you to protect yourself more effectively with safeguards such as landlord insurance.
First things first: the deposit you take from your tenants when they sign your tenancy agreement must be secured in one of the three government-approved Tenancy Deposit Protection (TDP) schemes.
Landlords are also required to supply their tenants with an Energy Performance Certificate (EPC) when they move into a property. This will give the building an energy-efficiency rating from A down to G, based on the Standard Assessment Procedure (SAP) for energy-efficiency (which is a score out of 100).