We speak to new landlords on a regular basis and sometimes they don’t understand what to do in certain situations considering that there are now over 50 Acts of Parliament and more than 70 sets of regulations governing the private-rented sector; the consequences of not knowing or understanding them can be disastrous.
Experienced landlord Richard Blanco said the new Landlord Lifecycle Guide and video which we have just released in partnership with Total Landlord insurance is vital.
“I’ve been a landlord for 11 years and I've heard countless stories from new landlords who’ve been caught out for not understanding their obligations and simply not understanding what to do and when to do it,” said Blanco.
So I helped write the landlord lifecycle video to pass on my experiences and tips to help others avoid the potential pitfalls and ensure a happy tenancy for all.”
If you’re already a landlord or considering becoming one, there are some key considerations you should take into account to ensure that the process runs smoothly.
New ebook to help you every step of the way
Deposit protection experts, my|deposits Scotland in partnership with Total Landlord Insurance have created a Landlord Lifecycle Guide and video that identifies the essential topics of letting your property as well as helpful tips and advice from an expert landlord:
- Preparing your property
- Carrying out an inventory
- Getting the right insurance
- Marketing your property
- Carrying out tenant checks
- Protect the deposit
- Managing your property
- Tenants vacating your property
Download your my|deposits free guide, simply by clicking here.