Let Britain Offers Letting Guide As Research Finds Part-Time Landlords Are Unaware of Regulations
A leading virtual letting agency, Let Britain, is encouraging part-time landlords to make full use of their comprehensive letting guide, after it emerged that a large number of landlords are unaware of the regulations they must abide by. Let Britain is a premier lettings portal for landlords to market their properties and find potential tenants, and is packed with advice and informational guides on how to be a landlord – detailing all of the regulations and laws that landlords must follow.
Research by LV, a landlord insurance provider, found that one in 20 people in the UK now rents out property to supplement their main income, receiving around £678 in rent every month on average. However, many of these part-time landlords are unaware of the obligations they must abide by. Almost 500,000 landlords had not had their property checked by a gas safety engineer in the last 12 months, risking fines and even prosecution if something should go awry. Additionally, 49% of part-time landlords manage their rental property themselves, and have no protection if rent payments are missed or late.
Almost a third of landlords said that their rental property had been damaged at some point, and with 44% claiming the main cause of the damage was their tenants. Many part-time landlords don’t realise that they need to have insurance to let a property – but this insurance could save them from having to shell out thousands of pounds in repairs. It’s these handy tips and hints that Let Britain are providing in their letting guide.
Let Britain has developed a sophisticated letting guide for landlords, offering information on everything from legal liabilities to marketing a property. Their letting guides are totally free to download in PDF format, and are available from the Let Britain website.
Fareed Nabir, Director of Let Britain, says, “As a leading online letting agency, it’s our duty to ensure that the landlords using our portal are aware of their legal responsibilities. Whether they’re a full-time landlord with multiple properties, or whether they simply let one property and manage in their spare time, we want to make sure all of our registered landlords are fulfilling their obligations and protecting their investment.”
Let Britain launched in 2014 and has gone from strength to strength. The site now offers a comprehensive portal for landlords advertising properties and tenants searching for a new home. With properties in Luton, Bedford, Southampton and Southend-On-Sea, there’s a plethora of choice for tenants hoping to find a new residence, and landlords get all of the support they need to successfully market and let a property.
For more information, to browse the properties or to register a property for rent, visit http://letbritain.co.uk
Editor's Note: Issued by Dakota Digital. For more information please contact Lauren Carroll. Email: firstname.lastname@example.org or Tel: 01623 428996 ext 2.
About Let Britain: A self-service lettings agency which bypasses the hassle that comes with a traditional high street agency, Let Britain offers an efficient and easy service for landlords and prospective tenants searching for a new property.