Because if you don’t know and you haven’t complied with your new obligations, it could cost you £3,000 in fines!
Do your tenants have the Right To Rent?
From February 1st 2016 landlords will have to conduct appropriate checks to ensure that their prospective tenants have the right to rent property in the UK. And the new rules apply to everyone, even if you only have one property.
How to make sure you comply with the Right to Rent rules.
As a landlord you now need to check all prospective occupiers’ right to rent before granting a residential tenancy agreement. The legislation applies to tenancies issued on or after the 1st February 2016 and there are 4 basic steps to conducting a Right To Rent check.
Step 1: Establish that the adults who will live in the property, will live there as their only/main home.
Step 2: Obtain original documents from the “acceptable document list”. The documents are categorised, in the most basic sense, according to whether the applicant has a time limited right to be in the UK or not.
Step 3: Check the documents in the presence of the holder of the documents.
Step 4: Finally, make copies of the documents and retain them, recording the date of the check. You are not entitled to keep the original document provided by the prospective tenant. But don’t forget, you do have to comply with the Data Protection Act.
Full details of the “acceptable document list” and any other query relating to Right To Rent can be found in the Code of Practice at www.gov.uk/government/publications/right-to-rent-landlords-code-of-practice.
The penalties and how to avoid them
Landlords found to be in breach of the Right To Rent rules face a penalty of up to £3,000. With increasing legislation to comply with, it’s never been more important to ensure you’re up to date with what’s required, and so it’s no wonder more and more landlords are seeking competent letting agencies to help manage their lettings.
Don’t get caught out. If you’re in any doubt about your responsibilities and how to comply or if you need help, call us here at EweMove. Graham Faulkner is Branch Director of EweMove Dorking and he’s a landlord himself, as well as specialising in helping other landlords.
www.EweMove.com/dorking are a residential property sales and lettings agency who pride themselves on being refreshingly different and standing out from the crowd. EweMove Dorking covers from Ockley to Oxshott.
Enquiries to 01306 406 506 / 01372 701 702, or via email to email@example.com