New Rules affecting landlords now in effect

Legislation intended to ensure decent living conditions for tenants has come into effect in the form of the Homes (Fitness for Human Habitation) Act 2018.

Since 20 March 2019, all landlords and letting agents in England have been subject to the new rules from the beginning or renewal of a tenancy.

The measure includes a requirement on landlords to ensure that properties are fit for human habitation throughout a tenancy.

Tenants will be able to take legal action for breach of contract where a property is not fit for habitation.

The National Landlords Association said: “The NLA welcomes the Act and has supported its passage through Parliament. Most landlords should have nothing to worry about in respect of the new Act. A reasonably maintained property should not be deemed unfit.

“Only landlords of properties suffering serious disrepair issues should be affected, and these should be resolved irrespective of new legislation.”

Managing costs within a property business is essential and these new requirements are likely to force some landlords to spend more on property improvement. To find out how this could have a wider impact on your income, contact our property specialists today.

Posted in Property News.