If you're considering renting out your property and would like to learn more, we’d be happy to
assist. Please don’t hesitate to contact us to schedule a complimentary consultation where
we can discuss your specific requirements and rental potential.
Mortgages
Before proceeding, it’s important to check with your mortgage lender to confirm whether they
allow you to rent out your property under the specific scheme we offer. If your current lender
does not permit property letting (such as in the case of some banks with restrictions on
buy-to-let mortgages), we can help you explore alternative lenders who may offer
remortgage options for letting your property.
Insurance
It is essential to notify your insurance broker that you plan to let your property. Failure to do
so could result in your insurance coverage being invalidated in the event of a claim. There
are also specialist insurance providers who cater specifically to landlords.
Safety Checks
Electrical Safety: You are required to have a current and valid Electrical Installation
Condition Report (EICR), which should be renewed every five years.
Gas Safety: If your property has gas appliances, it’s mandatory to have an annual gas safety inspection by a Gas Safe registered engineer. This inspection will result in
a Landlord’s Gas Safety Certificate (CP12).
Energy Performance Certificate (EPC): An EPC measures your property’s energy
efficiency. The more energy-efficient the property, the more appealing it will be to
prospective tenants. EPCs are valid for ten years and are a requirement when
renting out your property.
HM Revenue & Customs (HMRC)
It’s important to inform HMRC about your rental property and the income generated from
renting it.
Summary of Landlord Responsibilities:
As a landlord, you are responsible for ensuring:
The safety of any gas appliances in the property.
The repair and maintenance of the property’s exterior and structure.
The upkeep of plumbing, heating, and hot water systems.
The safety of any electrical appliances provided with the property.
Compliance with furniture and fire safety regulations for any furnishings provided.
The appropriate insurance for the property.
The cost of repairs, as outlined in the Lease Agreement.
Get in Touch with Us
At TTPSL, we specialize in providing guaranteed rent services to landlords across London. If
you’re ready to secure a stable income from your property with no hassle, contact us today
for a free consultation.
