Landlords could face fines of up to £7,000 per property if they do not provide tenants with a crucial document by the end of this month.
This document, in PDF format, outlines key details of the recently implemented Renters’ Rights Act that took effect on May 1. Landlords are required to dispatch the official information sheet from GOV.UK to their tenants by May 31. Failure to comply may result in penalties imposed by the local council.
The provided document thoroughly explains the modifications introduced by the Renters’ Rights Act and their implications on tenancy agreements. Depending on the specific arrangement, either the landlord or their appointed letting agent is responsible for ensuring the delivery of this vital information to renters.
Typically, the letting agent assumes responsibility if they are managing the tenancy on behalf of the landlord. However, if the document is not dispatched on time, it is the landlord who faces the risk of fines.
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A significant change brought about by the Renters’ Rights Act is the prohibition of Section 21 “no fault” evictions.
While landlords can still evict tenants with valid reasons such as property sale or rent arrears, they must now provide a four months’ notice period.
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