Goodlord is the award-winning lettings platform that works alongside your CRM to manage the entire tenancy process in one place.
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The rights and responsibilities of letting and estate agents, landlords, and tenants in the private rented sector across England, Scotland, and Wales vary as they can be decided at the level of each devolved government - and therefore the legislation and regulations differ too across Great Britain. So what should your agency consider when renting out your landlords' properties?
Registration and licensing aim to protect tenants from "rogue" landlords and agents.
The property that your landlords rent to your tenants should meet certain criteria to ensure they're fit to be rented out.
Although rent controls used to exist historically, this changed with the Housing Act 1988 which deregulated rents in England and Wales.
Your agency and landlord must follow strict guidelines to evict a tenant - hinging on many factors, including when you provide the relevant property documents. Although there have been temporary measures in place during Covid-19 to help protect tenants, but there are standard processes to follow to ask tenants to leave a property.
When you or your landlord welcome a new tenant into a property, there are documents that you must share with your tenant at set points in the process.
Tenant fees are banned in one form or another in all three nations, but the details differ.
This article is intended as a guide only and does not constitute legal advice. Learn how Goodlord can help your agency with compliance in the lettings process.
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Oh Goodlord Limited is an Appointed Representative of Goodlord Protect Limited for general insurance products and credit broking. Goodlord Protect Limited is directly authorised by the Financial Conduct Authority, registration number 836727. You can check this information on the Financial Services Register by visiting www.fca.org.uk/register or by telephoning 0800 111 6768 (Freephone) or 0300 500 8082 from the UK. The FCA is the independent watchdog that regulates financial services.