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Wed 27 January 2016
The Governments new legislation comes into place on the 1st February 2016 and will require all landlords and agents in England to check a tenants immigration status or “right to rent” in the UK. A failure to prepare could leave landlords at serious financial risk, with potential fines of £3,000 if they do not comply.
Andrew Luxton MRICS FARLA, Partner in charge of Stags Residential Lettings Department, confirms that recent surveys show that many landlords are either not aware of the legislation or thought it was being implemented a lot later. This is just another piece of legislation to hit the lettings industry but it is important that landlords are fully aware of their responsibilities, especially when letting privately. Stags standard referencing procedure for all tenancies includes full compliance with the Right To Rent Act and includes the checking of tenants who do not have an automatic right to live and work in this country.
For further detail and clarification do not hesitate to contact your local Stags Letting Office.