12 Jan

Landlords confused about rent rules

Landlords confused about rent rules

Many landlords have raised concerns about the new Right to Rent rules that have been introduced.

A survey by PropertyLetByUs shows the changes are one of the top causes of stress for more than a third of buy-to-let landlords.

The changes, introduced in February 2016, are designed to ensure the immigration status of tenants is checked.

Landlords in properties based in London, the South East, the West Midlands, East of England and the North West reported the highest problems associated with the Right to Rent requirements.

“Landlords are under huge pressure with constant new legislation, new mortgage lending rules and increased taxation,” said Jane Morris, managing director of PropertyLetByUs.

She added: “Right to Rent is making matters worse. While the government argues this will help crack down on illegal immigrants, it is placing far too much responsibility on the shoulders of landlords.”

Recent research from the Residential Landlords Association (RLA) revealed 72 per cent of landlords are unclear about their obligations due to the Right to Rent initiative.ADNFCR-1222-ID-801830865-ADNFCR

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