Tenants Possibly At Risk?

Tenants could be at risk from “learner landlords”, warns Thomas Legal

Tenants who move into properties rented out by people unable to sell their homes risk encountering “learner landlords”, warns Thomas Legal in Gloucester.

Thomas Legal, which is one of the national Law Society’s Conveyancing Quality Scheme members, says that tenants could be exposed to risks by moving into properties of “learner landlords” who have decided to rent out their property because they cannot sell in the slow market.

TLG says that new landlords will not always be aware of their legal responsibilities and this can lead to disputes between landlord and tenant.

Simon David, Managing Partner said: “For many people unable to sell their home renting out is becoming a more popular option. It is a good way to help generate income but comes with risks for both landlord and tenant.

“Many tenants might not be aware that they are renting from a learner landlord and so any mistakes the landlord makes could affect the tenant. An unsuitable tenancy agreement, poorly handled deposit arrangements and clarity over service charges and repairs, as well as getting the right insurance could all put the tenant at risk.

“No one wants a dispute and this really is a case of prevention being better than a cure, which is why it is important for tenants to seek legal advice as early as possible from a CQS accredited solicitor before signing on the dotted line, whether it be a new landlord’s property or an experienced one.

“Often, new landlords will not be aware they are doing anything wrong so tenants with a CQS solicitor, such as Thomas Legal helping them will be able to spot any holes in the agreement. There are different types of tenancy agreement and TLG will be able to help tenants choose what best suits their needs.”

Thomas Legal underwent a rigorous application and assessment by the national Law Society to become part of CQS initiative, which recognises high quality in residential conveyancing.