Handing over a tenancy agreement is no longer the final step to securing a tenancy. To remain legally compliant, landlords must serve a critical suite of documents at the start of every tenancy. With the sweeping updates under the Renters’ Rights Act, failing to do so has become incredibly expensive.
At Homes & Steeple, we see excellent local landlords caught out by minor administrative details. Ensure you are serving these required documents:
The Compliant Compliance Checklist:
The True Cost of Non-Compliance:
Failing to issue the correct documentation or missing the critical Renters’ Rights Act Information Sheet for existing legacy tenancies can result in a direct civil penalty of up to £7,000 for a first offence. Continued failure can spiral into fines up to £40,000. Furthermore, local councils can issue civil penalties of up to £30,000 for electrical or safety breaches.
Worst of all, missing paperwork can completely block your legal right to regain possession of your property if things go wrong.
Protect your rental income. Contact Homes & Steeple today to audit your tenancy paperwork