How should I deal with a tenancy agreement?
Discussion
tight fart said:
Thanks for all the replies, if anything it shows how confusing the law is.
Superlightr you say you think private landlords should be regulated, my
impression is that they are, to the same standard as letting agents.
Currently landlords in England are not regulated, just legislation that must be adhered to. Very different.Superlightr you say you think private landlords should be regulated, my
impression is that they are, to the same standard as letting agents.
Ham_and_Jam said:
tight fart said:
Thanks for all the replies, if anything it shows how confusing the law is.
Superlightr you say you think private landlords should be regulated, my
impression is that they are, to the same standard as letting agents.
Currently landlords in England are not regulated, just legislation that must be adhered to. Very different.Superlightr you say you think private landlords should be regulated, my
impression is that they are, to the same standard as letting agents.
skwdenyer said:
That’s not entirely true. Councils have areas within which landlord registration is required & regulation is applied. But it is not (yet) universal.
^^^ agree, my local council authority is extending are increasing areas within the county, where they are imposing selective licensing of all non-HMO rental properties, the LL now required to obtain a licence for the property from their local council authority. Failure for the LL to apply for a licence, could result in a hefty fine of £30k plus, but also the tenant/s, and/or the authority receiving a refund equal to twelve (12) months rental payments. Also the LL would not be able to serve a repossession Notice on the tenant/s.tight fart said:
Thanks for all the replies, if anything it shows how confusing the law is.
Superlightr you say you think private landlords should be regulated, my
impression is that they are, to the same standard as letting agents.
Agree the law is very confusing, open to different interpretations, some of which still need testing in the courts.Superlightr you say you think private landlords should be regulated, my
impression is that they are, to the same standard as letting agents.
When I first purchased my first BTL, I decided i wanted to control, manage my own investment property, and decided to join the National Residential Landlords Association/ NRLA. The present annual charge for membership is £75, for that you obtain up to date online and telephone legal advice, together with tenancy agreements, and up to date Section 21 & Section 8 Notices etc. etc..
I have posted below a link to NRLA's advice that addresses in part your opening post.
For me the importance is that a Statutory Periodic Tenancy is treated as a new contract/tenancy agreement, with the tenant/s being presented again with the prescribed information, and the Deposit Protection Certificate amended to the status of the Statutory Periodic Tenancy.
At the above point in time, in theory the ending of the fixed term tenancy agreement, could allow the LL/Agent to carry out a closing inventory, allowing for deductions from the Deposit monies, or the tenant/s making good the deducted monies.
https://www.nrla.org.uk/resources/creating-your-te...
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