9 Crown Row, Bracknell, Berkshire, RG12 0TH
Liam McDonnell
Lettings Valuer
Liam attended school locally in Ascot and began his career in estate agency aged 18 in the Bracknell area. He has gone on to gain experience within the Maidenhead, Reading and Wokingham markets too. Building relationships is what Liam enjoys the most in his role, which gives him the opportunity to meet and help all kinds of people. Away from work, Liam enjoys playing football throughout the week and for a local Bracknell team on a Sunday (some say the next Sunday League Pirlo).
The best piece of advice I’ve ever been given is…
The way to get started is to quit talking and start doing.
Top of my bucket list is…
To travel around America and Australia.
On Sunday mornings, you can usually find me…
On a football pitch in all weathers – potentially a little jaded from the night before.
My guilty pleasures are…
Watching Super Sunday and the F1 whilst devouring a takeaway. Highly recommended.
The thing I like best about my job…
Helping and advising landlords on how to make the process of letting their property as stress-free as possible, and assuring tenants throughout the process so that it becomes an enjoyable and exciting experience.
The person I’d most like to go for a drink with is…
Sir Alex Ferguson.
16 Oct 2018
The first question before we answer that should be “which law”. We say this because in the UK there are now something like 150 laws applying to the lettings industry! Most of these laws are aimed at making the housing stock safer and better maintained or securing tenant’s rights with respect to security of tenure.
Housing & Planning Act 2016
From April 2017 Councils that ascertain that qualifying Landlords are not safely letting their properties in a legal manner may impose civil penalties of up to £30,000 as well as banning them from letting property elsewhere in the UK. In effect, breaching some legislation, such as the Housing & Planning Act 2016, will now result in a criminal conviction and may result in your details being shared on what amounts to a “Database of Rogues”.
There are very many pieces of legislation that apply to the letting of residential property in England. Here are some of them and the penalties associated with a breach;
Housing Act 2004
Violating the housing Act 2004, including: failure to comply with an improvement notice, failing to license a HMO, contravention of an overcrowding notice, failing to comply with management regulations for an HMO may result in a penalty of to £30,000 and the possibility of a Banning Order and Registration as an Unfit Landlord.
Other offences may include;
- Letting to someone you know does not have the legal right to be in the UK. Penalty; Unlimited fine or up to 5 years in prison.
- Failure to protect a tenant’s deposit. Penalty; Unlimited but generally 3 x the rent deposit taken.
- Health and safety violations that result in a tenant or visitor in the property being injured or dying. Penalty; Unlimited Fine or a possible Jail term for manslaughter. This might include everything from failure to have gas and electrical checks done annually through to not undertaking proper risk assessments for the presence of Legionnaires Disease, etc.
In addition to laws such as these there are a variety of laws relating to how one should treat income, expenses and capital gains from a tax and accounting perspective.
At Duncan Yeardley we offer a letting and property management service to match your needs and expertise, as well as your available time. And best of all, our fees and expenses are usually tax deductible against investment income!
Why not contact us today to see how best we might be able to help you stay the right side of the law?
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