Letting your leasehold property
Leaseholder handbook - letting your leasehold property
Many of our leaseholders do not live in the leasehold property they own.
You can rent out your home, but there are some guidelines you need to follow to do this.-
What to do if you want to let your leasehold property
You do not need our permission to let out your leasehold property, as long as you:
- Let us know that you are renting out the property
- Give us your new address and phone numbers
- Provide contact details for your tenants, any key holders and your managing agent if you are using one. We will need to be able to contact them if there are any problems with the flat, such as a burst water pipe
- Make sure that your tenants keep to the terms of the lease, as you are responsible for their actions.
How to tell us you are letting out your property
Please complete our online contact information form:
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Advice on letting your property
Tenancy agreement
Get help from a solicitor or Citizens Advice to create a proper tenancy agreement between you and your tenant.
Mortgage
If you have a mortgage, tell your lender. You may need their permission to let out your home. They might change your mortgage to a buy to-let arrangement.
Insurance
If your flat is empty for more than 30 days in a row, your insurance will not cover:
- malicious damage
- damage caused by theft or attempted theft
- damage caused by water leaks from fixed pipes or appliances.
Check your policy for full details.
Charges
You’ll still receive bills for ground rent, insurance, service charges, and maintenance, as you remain responsible for these as the leaseholder.
Council Tax
You must inform our Council Tax team when your tenants move in or out. They'll update their records and set up an account for the new tenants. If you know the old tenants’ new address, please provide it. Visit our Council Tax page for more details.
Utility bills
Notify the water, gas and electricity suppliers about changes to who is responsible for paying bills.
Tenant checks
Join a tenant reference scheme and run checks on potential tenants. Ask for proof of identity and a reference from their previous landlord. If you employ a local letting agent, this may be included in their service.
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Your legal responsibilities as a landlord
Tenancy agreement
Ensure your tenancy agreement meets current legal requirements and is signed in two parts (the agreement and the counterpart).
Landlord insurance
Take out appropriate landlord insurance to safeguard your property and liability.
Gas safety
If your property has gas appliances, you must:
- have a safety inspection every year and get a landlord's gas safety certificate
- show the certificate to prospective tenants
- provide a copy to your tenant after signing the tenancy agreement
Deposit protection
Legally, you must protect your tenant’s deposit. You should join a deposit protection scheme and have a clear process for resolving disputes.
Energy Performance Certificate (EPC)
Every rented property must have a current Energy Performance Certificate (EPC). You should:
- show it to prospective tenants
- provide a copy to your tenant after signing the tenancy agreement.
Electrical safety
Ensure the property's electrics are safe before renting it out. Although not a legal requirement, it's your duty as a landlord to provide a safe home.
- get a qualified electrcian to inspect the property before your tenant moves in
- obtain a certificate confirming the electrics are safe
Failing to ensure your electrics are safe could invalidate your insurance if an issue arises.
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How to be a good landlord
Join a landlords’ organisation
Consider joining groups such as the National Landlords Association or Eastern Landlords Association. Benefits include:
- Ongoing support with landlord-related issues.
- Representation at local, national, and European levels.
- Discounts on a range of products and services.
- Support to become an accredited landlord, helping to raise the standard of tenancies and properties.
Repairs and maintenance
Make sure tenants know who to contact for repairs.
Options for repair services:
- Use breakdown cover from companies such as British Gas, which also offer annual gas safety certificates.
- Hire local tradesmen.
Decide whether tenants should contact you for repairs or get in touch with tradesmen directly using contact details you provide.
Decorate to a high standard
It will be easier to rent out your property if it looks inviting and is tastefully decorated.
Avoid bright coloured surfaces as these can quickly go out of style.
Focus on the kitchen and bathroom. These are key areas tenants consider. Refurbishing them can help rent your property faster.
More information
Find out more about landlords, private tenants and homeowners.
Page Last Updated: Monday, 06 January 2025 at 04:05 PM