Show Notes
Have you become an accidental landlord? Perhaps you've inherited a property, moved in with a partner, relocated for work or decided to rent out a home you can't sell. Whatever the circumstances, becoming a landlord unexpectedly doesn't mean you have fewer legal responsibilities. And getting things wrong could prove costly. In this episode, Phil Spencer is joined by legal experts Alex and Faye from Taylor Rose to explore what you need to know if you've found yourself becoming a landlord without necessarily planning to. From checking your mortgage and arranging the right insurance to property safety requirements, deposit protection, licensing and renters' rights, they discuss the essential steps you need to take and the common legal mistakes to avoid. If you're an accidental landlord, or considering renting out a property for the first time, this is essential viewing to help you understand your responsibilities and avoid potentially costly mistakes. Have you unexpectedly become a landlord? What's been your biggest challenge? Share your experience in the comments. 👉 VIDEO TIMESTAMPS ⏳ Chapters
00:00 Introduction 00:45 The Rise of Small-Scale and Accidental Landlords 02:07 Why Being Casual About Renting is Dangerous 02:54 Legal Steps Every Landlord Must Take 04:13 Common Errors Landlords Make 04:47 Selective Licensing and Local Authority Requirements 05:20 Deposit Protection and Possession Procedure Pitfalls 06:35 Safety Checks Timeline and Tenant Wellbeing 07:06 Written Statement of Terms Under the Renters' Rights Act 08:01 Essential Advice for New Landlords 09:17 Final Thoughts and What's Next
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