Posts

Showing posts from January, 2016

Bexley Borough Landlords could be fined £264,000 per year

Image
“Who would want to come out for viewings in weather like this?” a landlord asked me as we shook hands outside his property. It was windy and cold, had been raining most of the day and it was the last appointment of the day at 5.45pm. As I had been out of the office all day, I was looking forward to getting home and putting the fire on, but this landlord lived in neighbouring Dartford and it was the earliest he could manage. He had been self-managing the property over the last few years, but was worried about all the legislation that had been introduced recently. He was particularly concerned about the up and coming “Right to Rent” legislation so, as his tenant had handed in their notice, he called us for our opinion on his new tenancy. The “Right to Rent” rules mean that landlords will need to check the immigration status of new tenants moving into properties from February 2016 or face a £3,000 fine. Tenants need to know that, as well as traditional landlords, tenants wh...