A residential buy-to-let property investment has long been regarded as a tax efficient and lucrative method of wealth creation. Anyone who was credit-worthy and had a reasonable deposit could become a landlord. Simple. But things have changed. While property remains an excellent investment, usually yielding both respectable annual profits and capital growth, the sector has become so regulated that it has become almost impossible for the average landlord to ensure that they are “trading” legally, without the help of a specialist lettings management company.
Although our job is to find and vet and manage our landlord’s investment properties, more than ever before we have had to become experts in the regulations surrounding property investment, in order to protect our clients. So if you are currently managing your own property or portfolio of properties, or you are thinking of going it alone, we’d urge you to think twice, as the implications (such as fines and unwitting criminal records) can be huge.
Here’s a selection of over 120 laws and regulations that have implications for landlords:
Housing and Planning Act 2016 (Banning Order Offences) Regulations 2018
Housing and Planning Act 2016 (Database of Rogue Landlords and Property Agents) Regulations 2018
Housing and Planning Act 2016
Tenancy Notices and Prescribed Requirements Regulations 2015
Selective Licensing of Houses (Additional Conditions) (England) Order 2015
Smoke and Carbon Monoxide Alarm Regulations 2015
Deregulation Act 2015
Consumer Rights Act 2015
Immigration Act 2014
Growth and Infrastructure Act 2013
Construction (Design and Management) Regulation 2012
Control of Asbestos Regulations 2012
Energy Performance of Building Regulations 2007 to 2012
Social Security (Notification of Change of Circumstances) Regulations 2011
Energy Act 2011
Equalities Act 2011
Misleading Marketing Regulations 2008
Consumer Protection from Unfair Trading Regulations 2008
The Licensing and Management of Houses in Multiple Occupation (Additional Provisions) (England) Regulations 2007
Housing (Tenancy Deposits) (Prescribed Information) Order 2007
Corporate Manslaughter and Corporate Homicide Act 2007
The Administration Charges (Summary of Rights Obligations) (England) Regulations 2007
Service Charges (Summary of Rights and Obligations and Transitional Provisions) (England) Regulations 2007
Town and Country Planning (Control of Advertisements)(England) Regulations 2007
Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007
Health Act 2006
Management of Houses in Multiple Occupation (England) Regulations 2006
Selective Licensing of Houses (Specific Exemptions) (England) Order 2006
Licensing of Houses in Multiple Occupation (Prescribed Descriptions) (England) Order 2006
Licensing and Management of Houses in Multiple Occupation and other houses (Miscellaneous Provisions) (England) Regulations 2006
Housing Health and Safety Rating System Regulations 2005
Regulatory Reform (Fire Safety) Order 2005
General Product Safety Regulations 2005
Consumer Protection (Distance Selling) Regulations 2005
Fire and Rescue Services Act 2004
Housing Act 2004
The Electrical Safety Quality and Continuity Regulations 2002
Commonhold and Leasehold Reform Act 2002
Enterprise Act 2002
Private Water Supply Regulations 2001
Housing Benefit Regulations 2001
Housing Benefit and Council Tax Benefit (Decisions and Appeals) Regulations 2001
Child Support, Pensions and Social Security Act 2000
Utilities Act 2000
Building Regulations 2000
Rent Act (Maximum Fair Rent) Order 1999
The Management of Health and Safety at Work Regulations 1999
Water Supply (Water Fittings) Regulations 1999
Unfair Contract Terms in Consumer Contracts Regulations 1999
Data Protection Act 1998
Gas Safety Regulations 1998
Assured Tenancies and Agricultural Occupancies (Forms) Regulations 1997
Party Wall Etc Act 1996
Local Government (Miscellaneous Provisions) Act 1996
Housing Act 1996
Town and Country Planning (General Permitted Development) Order 1995
Gas Appliance (Safety) Regulations 1995
Landlord and Tenant (Covenants) Act 1995
Reporting of Injuries Diseases and Dangerous Occurrences Regulations 1995
Plugs and sockets etc (Safety) Regulations 1994
Electrical Equipment (Safety) Regulations 1994
Law of Property (Miscellaneous Provisions) Act 1994
Leasehold Reform etc Act 1993
Furniture and Furnishings (Fire) (Safety) (Amendment) Regulations 1993
Clean Air Act 1993
Council Tax (Administration and Enforcement) Regulations 1992
Local Government Finance Act 1992
Council Tax (Chargeable Dwellings) Order 1992
Council Tax (Exempt Dwellings) Order 1992
Council Tax (Liability of Owners) Regulations 1992
Social Security Administration Act 1992
Water Industry Act 1991
Environmental Protection Act 1990
Town and Country Planning Act 1990 (as amended)
Planning (Listed Buildings and Conservation Areas) Act 1990
Electricity Act 1989
Law of Property (Miscellaneous Provisions) Act 1989
Electricity at Work Regulation 1989
Gas Safety (Installation and Use) Regulations 1988
Furniture and furnishings (Fire) (Safety) Regulations 1988
Landlord and Tenant Act 1988
Housing Act 1988
Town and Country Planning (Use Classes) Order 1987
Landlord and Tenant Act 1987
Gas Act 1986
Insolvency Act 1996 and Insolvency Rules 1986
Business Names Act 1985
Housing Act 1985
Landlord and Tenant Act 1985
County Courts Act 1984
Building Act 1984
Supply of Goods and Services Act 1982
Rent Books (Form of Notices) Regulations 1982
Housing Act 1980
Limitation Act 1980
Housing Act 1980
Notices to Quit (Prescribed Information) Regulations 1980
The Regulated Tenancies (Procedure) Regulations 1980
Rent Regulation (Cancellation of Registration of Rent) Regulations 1980
Torts (Interference with Goods) Act 1977
Rent Act 1977
Protection from Eviction Act 1977
Unfair Contract Terms Act 1977
Criminal Law Act 1977
Control of Pollution Act 1974
Health and Safety at Work etc Act 1974
Defective Premises Act 1972
Misuse of Drugs Act 1971
Cost of Leases Act 1958
Rights of Entry (Gas and Electricity Boards) Act 1954
Prevention of Damage by Pests Act 1949
Leasehold Property (Repairs) Act 1938
Public Health Act 1936
Landlord and Tenant Act 1927
Law of Property Act 1925
Law of Distress (Amendment) Act 1908
Common Law Procedure Act 1852
Distress for Rent Act 1737
Landlord & Tenant Act 1730
General Data Protection Regulation (EU) 2016/679
(Homes (Fitness for Human Habitation and Liability for Housing Standards) Bill 2018, (not yet law)
Most landlords recognise the benefit of using a specialist letting agency such as ourselves, as we have a deep understanding of the regulations. Part of our job is to ensure that you are fully compliant so that you can sleep at night, knowing your investment is performing – legally!
© Copyright 2020 Richard Rawlings except as excluded under licence.
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