Do you know an Accidental Landlord??
Homeowners who cannot sell a second home are now turning to renting, creating a new breed of accidental landlords.
While this provides an increase in homes to rent, many of the new landlords are quite unaware of the many regulations involved.
There are over 50 Acts of Parliament and 70 sets of regulations governing the private rental properties and all risk large fines if they fail to comply with these laws.
A good accidental landlord will be able to recommend good tradesmen at honest prices if any work need doing in the property. The agent would make sure that all applicable laws and regulations are abided by and you should be advised accordingly. You can and always should use a professional letting agent to find the right tenant and manage your property.
