The Landlord Law Audit Kit – make sure you are compliant!

If you are a landlord or manage rented property, there is a lot you need to do and a lot of rules and regulations you need to comply with.

It is all to easy, in the heat of the moment, to forget to do something. 

However, that something may have serious consequences.  The authorities are becoming more pro-active and some of the fines for non-compliance can be very high. 

Or your slip of memory could make it difficult for you to use section 21 or entitle your tenants to apply for a rent repayment order.

Sometimes errors will not get picked up for some time, which could make you liable for substantial penalties.  This is why I developed the Audit Kit.

The Landlord Law Property Audit Kit

This takes you through all the things you need to do as a landlord and prompts you to check that you have done them correctly.  It will also be useful for agents who manage properties.

For example there are sections on 

• Protecting your property against fraud (which non-members/kit owners can view)
• Insurance
• Record keeping
• Data protection
• Licensing
• Deposits
• Letting agents (are they looking after you properly?)
• The property condition
• Your documents
• The services you use
• Etc

Doing the audit will take you some time, but I think you will find it a rewarding exercise.  We provide checklists for you to use to record your findings.

The completed checklists will also be very useful if someone has to take over the management of your property quickly, for example if something happens to you.

An upgrade from the ‘beta version’

You may remember that I launched a ‘beta version’ of the kit in January so I could get feedback before the final version was launched.  

This was very successful and the feedback received was fantastic and has helped me to improve the kit substantially.

If you were one of my ‘beta users’ thank you very much!

A kit for members and non-members

The kit is so important that I have taken the decision to make it available to all Landlord Law members as part of their membership entitlement.  

However if you do not want to join Landlord Law you can still get the kit.  It is available for purchase (£120 including VAT) and non members can buy it here.

However, it will be more economical to get it as part of a Landlord Law membership.

A work in progress

Although I said above that this was the ‘final version,’ that is not really true. I will be updating the kit as and when things change, so it should always be relevant and up to date.

I hope it will be useful and help protect your position!