Amateur landlords 'have no place in the market'
by Gemma Roskell
There is no place in the buy-to-let market for amateur landlords, according to the Residential Landlords Association (RLA).
Chairman Alan Ward said people renting out property need to be professional and work within the law.
He said landlords must remember that they are legally responsible for their properties, even if they operate through an agent.
"It is not just about buying the property, getting the tenant in, sitting back and rolling in the money. You have got to look after that property and particularly the people who are in it," Mr Ward remarked.
He explained that many of the people renting property at the moment are accidental landlords who were forced to enter the market because they couldn't sell up.
It is important that people who fall into their category are aware of their legal rights and responsibilities to avoid falling foul of the law.Tenancy agreements
, property inventories
, holding tenant deposits
and obtaining energy performance certificates are just some of the things landlords need to think about.
- Landlord and Tenancy News from Lawpack: Get expert advice on your obligations as a landlord with Lawpack's Residential Lettings Guide
Published on: April 30, 2010
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