More details about the new Landlords Database

Under the Renters Reform Bill, it is proposed that a new Landlords Database will be introduced and that all landlords will have to be part of it.

Within the Bill, the government makes a commitment to establish a new Property Portal that would include all the vital information agents, tenants, and landlords need to know. This information would range from legal requirements to rights and the landlord’s history of compliance.

It would include a landlord database containing details of people who are, or who intend to become, residential landlords; details of properties which are, or are intended to be, let as residential properties; and details of landlords who have received banning orders, including details of financial penalties or convictions relating to banning orders.

Under the Bill’s provisions, a letting agent or landlord would be unable to let or market a property to rent if there is no active landlord or property entry for that property registered on the database.

And if a landlord fails to join the database, they will be fined up to £5,000 by their local council. Repeated offenses could lead up to fines of £30,000.

SEARCH

YOU MAY ALSO LIKE

CATEGORIES
SOCIAL
Twitter feed is not available at the moment.

0 Comments

Submit a Comment