New landlords must brush up on all that is required of them before they dip their toe in the waters of the private rented market.

According to LettingFocus.com, an independent property investment consultancy, more people are deciding to let out their property, although not all are aware of the sheer level of information they are required to know.

Private rented sector expert David Lawrenson advised: “It is probably a good idea to use an Arla [Association of Residential Lettings Agents] letting agent – they are usually quite good and you have got some protection. It is not easy letting property.”

Landlords also have number of legal responsibilities placed upon them, including carrying out gas safety checks on their appliances.

The National Landlords Association recently released a guide for would-be landlords to ensure they comply with all regulations.

The organisation advised that it is essential homeowners take out comprehensive landlords insurance, as well as provide a tenancy agreement and place the tenant’s deposit with a registered government scheme.

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