Adhere regulation for Olympics lets

With only a year to go until the start of the London 2012 Olympic Games, anyone considering renting out their property needs to be informed of legislation affecting their actions.

The National Landlords Association (NLA) emphasised that any Olympics letting agreement must be drawn up in line with the law.

Among its recommendations is to write a property inventory so there is no dispute at the end of the letting, and to make sure that rent for the entire tenancy is taken up front.

The group also advised that short-term lets are not covered by the government's tenancy deposit scheme.

Chairman of the NLA David Salusbury commented: "It's important that homeowners wishing to rent their properties during the 2012 Olympics are aware of their responsibilities to tenants, as well as the various regulations they must comply with."

He added that every effort should be made to ensure people have a favourable experience when they visit the UK next year.

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Published on: July 26, 2011

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