In the past, becoming a landlord was an easy way to earn an income if you had a spare property. However, with the introduction of increased regulation, it’s become a challenging industry and fraught with complications.
Landlords who don’t comply with regulations could face criminal charges and worse still, could be risking the safety of their tenants. A recent report from the Association of Independent Inventory Clerks (AIIC) has pinpointed a rising problem in this area.
The Homes (Fitness for Human Habitation) Act 2018 came into effect in March 2019 and gave tenants new rights to be able to take action against landlords who failed in their duty of care. Areas included in the legislation are extensive and cover everything from water, draining and sanitation to mould, electrical hazards, hygiene, overcrowding and much more.
This has made it more important than ever for landlords to be …