LETTINGS NEWS: ‘Go it alone’ landlords need information and support, new survey shows
Amateur landlords who manage their own properties admit to not being up to date on changes to regulations, and typically feel a lack of support in how to deal with tenants.
That is the conclusion of a survey of landlords by the Tenancy Deposit Service, a lettings industry body.
It discovered that most amateur landlords – many of which are typically over 50 and have only one or two investment properties – admit to being unsure how to prepare a property in line with health and safety and other legal obligations. They are also uncertain as to which management activities are the responsibility of the landlord and which fall to the tenant.
This feeling of not being supported particularly applies to more extreme situations like having to warn or evict tenants.
The reports conclusions include a call for more information to be freely available, and the need for landlords to use professional letting agents whenever possible.