Over 60% of landlords are private individuals with limited building pathology knowledge and interest to protect their investment
Landlordsmust comply with more than 140 pieces of legislation and more 400 regulations
Letting agents, many of whom are unregulated and untrained, often take the responsibility for property management from the landlord.
The Home (Fitness for Habitation) Bill received Parliamentary Royal Assent in 2018 and will require landlords to make sure their homes are fit for human habitation at the start of, and throughout, a tenancy.
Landlords can face fines up to £30,000 per infringement of enforcement notices served by local authorities.
Key benefits
Helps landlords and letting agents mitigate their responsibility in ensuring properties within the PRS are fit for human habitation and provide decent homes for tenants.
Protects the landlord’s investment by ensuring that the fabric of the building is maintained and defects identified.
Demonstrates a “caring landlord”, sending positive messages to tenants and helping to reduce complaints.
Regular review of the property highlights emerging issues which can be dealt with at an early stage.
Landlords can off-set the cost as a business expense, significantly reducing the financial impact of the survey.
Early identification of defects results in lower repair costs than experienced with untreated defects. surveyor residential survey buy to let