Know your tenant
Managing Your Tenancy
As a landlord you may face a number of issues from rent arrears to repairs. Whatever it may be, you need to act in accordance with legislation. Following the rules and managing your relationship effectively with tenants will help prevent arrears and encourage constructive behaviour.
Knowing your tenants has always been a vital part of being a landlord. Whilst it is impossible to eliminate the risk of finding an unreliable customer, the best way to reduce this risk is to find out as much as you can before agreeing a new tenancy. One of the most cost effective ways to mitigate this risk is to carry out tenant referencing. This usually involves an identity and credit check plus employer and previous landlord references. Try our Tenant Check Service (Discounted for NLA Full Members). However, with the introduction of the ‘Right to Rent’ checks brought about by the Immigration Act in 2014 a landlord’s job has become more complicated.
The West Midlands are already complying with the Immigration Act which is expected to roll out nationally in the coming year. Landlords must check whether new tenants have the ‘Right-to-Rent’ before starting a tenancy and there are penalties for any landlords found to be letting property to illegal immigrants. This involves checking immigration documents and keeping copies. Furthermore, landlords must repeat these checks periodically if their tenant does not have indefinite right to remain in the UK. Attend NLA’s new Immigration Seminar covering all you need to know to be able to comply with ‘Right to Rent’ checks.
Establishing a tenancy with a person without the ‘Right-to-Rent’ in the UK or failing to keep up with these ongoing requirements can be expensive and could see you fined up to £3,000 per illegal tenant.