Calling all first time landlords

Published: 28/10/2013

With recent figures indicating a sharp increase in the number of first time landlords entering the market, solicitor and Head of GW LET, Rob Denman, is here to extend a helping hand to any landlord who has realised letting property is no easy feat!

“There remains an overwhelming belief that being a landlord is a piece of cake. Buy a property, find some tenants and bang – you’re done and on your way to building your property empire and earning your fortune.

“This means that many new landlords come to the letting game with unrealistic expectations and incredibly underprepared. I hate to be the bearer of bad news but it’s time to get real – nothing in life is ever that simple!

“There are a number of legalities a landlord must comply with before tenants even move in, from PAT testing all electrical appliances to having a gas safety check done every year, taking a thorough inventory and correctly protecting a tenant’s deposit in a government approved scheme.

“And then there are the many issues a landlord can encounter once the tenant is in – rent arrears, deposit disputes, disrepair issues and tenant eviction. The good news here however is that they don’t have to face this alone.

“GW LET offers a professional legal service for all landlords. We specialise in helping landlords with all the legalities that come with letting property in order to minimise their financial risk.

“We have also just launched a new property management service for landlords. Landlord Hero is a free service which allows you to manage your properties and tenancies online.

“Upload, store and create documentation including free tenancy agreements, inventories and proscribed information for deposits as well setting notifications for all important dates such as gas safety checks and insurance renewals. And register now and you’ll get an exclusive discount code at Tenancy Deposit Scheme (TDS).”

Content correct at time of publication