Do I really need a Lettings Agent to Manage my Property?
Did you know that there are more than 170 laws and 400 pieces of legislation covering rental property in the UK?
There was a time when lettings was seen as the easier side of estate agency. However, with the increase in rules and regulations around property rentals, the status of lettings has been completely transformed. Now, landlords and agents need to be thoroughly on top of exactly what is required of them, with hefty penalties for those who fall short.
The extra legislation has helped to improve the quality of rental property and to reduce unsavoury practices within the rental sector. While most landlords take pride in the quality of their rental investments, there was relatively little in place until fairly recently to legally ensure that rented properties were actually habitable.
I can do this, Google will have the answers!
Through the masses of online publications, forums, videos and the millions of opinions, it can prove challenging and time consuming to find the correct information, advice or legislation – especially those not as frequently heard of.
Don’t get caught up in a grey area!
Christopher Stokes Estate Agent is a trusted member of Propertymark, with qualified knowledgeable staff members that will always be in a position to offer the correct advice. To further your confidence with Christopher Stokes, as a member of Propertymark, we have direct access to Dutton Greogry Solicitors (Propertymark’s selected legal professional).
But once I know it, I know it .. Right?
Lettings laws and legislation are forever changing, and often Landlords have been found wanting following a change they were unaware of. Here, to name a few changes in legislations since 2019;
Tenant Fee Ban (June 2019), Mandatory Electrical Safety Inspections (April 2020), Brexit changes to Right to Rent (January 2021). The Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022 (October 2022).
Okay, you’ve come this far – Now are you ready for the biggest Lettings overhaul since 1988?
The Renters’ Rights Bill being the most profound change to landlord and tenant law since the Housing Act 1988. The Legislation promises; the end of fixed-term tenancies, how landlords will be impacted by the end of Section 21, the new repossession rules, the new rules for increasing rent, new rules on decent homes and Awaab’s Law, Clause 12 and new rules for tenancy agreements, the new enforcement rules, rent repayment orders, and the end of ‘rent to rent’.
We can’t prevent the Ghosts, Ghouls and Trick or Treaters this Halloween, but we can promise you’ll sleep better knowing your property is in the hands of a trusted local agent.
Trick or Treat! Don’t Let Compliance Catch You Off Guard.
Reach out to us to discover how we make property management stress-free; so you can focus on what matters!