Government expects electrical safety checks to become law on 1st July 2020

The Ministry of Housing Communities & Local Government have laid before Parliament draft proposals for lettings agents & landlords to have to complete electrical checks on all rented properties they manage for electrical safety or face fines of up to £30,000.

The proposals are outlined in the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 and look due to become law on 1st July this year. Full details of how landlords and letting agents will have to ensure that electrical installations within a property are tested by a qualified person can be seen by clicking the link below.

For new tenancies this will have to be carried out prior to the beginning of the new tenancy and then at least every five years or as recommended by a qualified person. For existing tenancies, checks will have to be carried out by 1st April 2021 and then every five years.

The rules will apply to every kind of privately rented property and failure to comply will result in fines of up to £30,000.

As with gas safety certificates, a copy of the electrical safety inspection report will have to be supplied to the tenant and letting agents and landlords will have just 28 days to fix any problem outlined by the inspection.

If your property currently does not have an electrical safety certificate we highly recommend doing this immediately before prices for these services start rising. For any clients wanting to discuss this further please do not hesitate to contact Longbow.

http://www.legislation.gov.uk/ukdsi/2020/9780111191934

Written by Jinay

Fees

Refundable Holding deposit - Capped at 1 weeks rent

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details - SafeAgent Membership :A2134

Property Redress Scheme Membership details - The Property Ombudsman, Membership Number : L00086