Tips for Tackling the Biggest Challenge Facing Landlords Today

Tips for Tackling the Biggest Challenge Facing Landlords Today

This lettings article discusses the number one concern for landlords: regulatory compliance.

One issue, above all else, causes landlords sleepless nights. Can you guess what it is?
 
Could it be maintenance and repairs? Or maybe it’s worrying about the rent being paid on time?
 
If you answered one of the above, thanks for playing, but you’re mistaken.
 
The biggest challenge landlords currently face is abiding by government regulations.
 
In a recent survey*, 67.5% of landlords said complying with red tape was their most significant hurdle. (This figure was up from 39% the year before, a clear indication of growing concern about the issue.)
 
And when you think about it, is it any wonder?
 
There are more than 175 acts and regulations covering the private rental sector. 
 
These rules touch on everything from safety checks and managing deposits to energy performance ratings and inspections.
 
Failure to comply can result in fines, court appearances and, in extreme cases, jail.
 
In some circumstances, non-compliance can also be grounds for rejecting an application to evict a tenant. 
 
So, how can landlords manage this challenge and protect themselves and their investments?
 
Here are some tips to help landlords stay on the right side of the law.
 
Do your homework 

If you get something wrong, saying you didn’t know or understand the law just won’t cut it with the authorities. Educate yourself.
 
Have systems in place
 
Don’t freestyle it when it comes to annual gas or electricity checks, repairs and maintenance. Keep a schedule so you don’t miss any critical deadlines.
 
Be organised
 
If you end up in a dispute, you’ll need evidence to support your side of the story. Be thorough with your paper trail and, ideally, store records electronically.
 
Stay up to date
 
As well as understanding the current regulatory landscape, landlords must follow developments in the private rental sector in case new rules are introduced.
 
Seek professional help
 
An experienced letting agent will understand the rules and regulations inside out and be able to guide and advise landlords through the maze of red tape. They’ll also manage maintenance, safety checks and tenancies.
 
Isn’t it time you entrusted the management of your investment to a professional?
 
If you’d like to learn more about what we can do to help you, contact us today.
 
* Source: 2023 Property Redress Landlord Sentiment Survey, involving 2,700 landlords.


Get in touch with us

Accepting an offer on your property is very exciting, but it is only the middle of the process. This article shares ways that you can ensure the legal process is smooth when there is a chain of connected properties so that you can be sure to get to moving day.

Most tenancies run smoothly. But when a tenancy goes wrong, it can go very wrong. Conducting a regular property check is one way to head off problems.

You've decided to move. So, before you arrange a valuation, should you pack up all your personal items, hide family photos and paint the whole house white? Read this article to find out how you can prepare your home for sale to maximise its value without removing all traces of your family.

What’s happening in the housing market, and what’s on the horizon for the rest of 2025? Let’s look at the latest property news.