Did you know that the UK lettings market has over 140 pieces of legislation that landlords must be aware of in order to stay on the right side of the law? It is a minefield and that is why so many landlords choose to use a professional agency, who will ensure that all of your legal responsibilities are covered.
Under the Consumer Protection Act, 2008 the Landlord and the Agent have a legal responsibility to fully notify the ‘average consumer’ of anything which is likely to cause them to take a ‘different transactional decision’.
What should be disclosed?
Put yourself into the consumer’s shoes and think about anything which might put you off renting the property, other than personal opinion (of decor, style etc). Ensure that Austin D’arcy is notified, at the time of valuation or instruction, of anything which is not obvious and is something a prospective tenant should be aware of prior to viewing.
Some examples:
Please Note: Austin D’arcy expect you to notify us of anything you feel could have an effect on the tenant or prospective tenant and we take no responsibility for any actions under the CPR due to negligence for anything which should have been disclosed prior to or during marketing of the property or throughout any tenancy to a tenant whom we introduced to you.
Landlord and Tenant Act 1985 states that, as a Landlord, you need to make sure that both the outside and inside of your property are well maintained and kept to a high level of repair. You must comply with the obligations to repair the Premises as set out in sections 11 to 16 of the Landlord and Tenant Act 1985 (as amended by the Housing Act 1988). These sections impose on the Landlord obligations to repair the structure of the premises and exterior (including drains, gutters and pipes);
Please Note: This obligation for repairs arises only after notice has been given to the Landlord by the Tenant.