A third of landlords are running the risk of a fine if £30,000, it’s claimed.
New research shows one in five landlords are unaware that not having a valid Electrical Installation Condition Report (EICR) could result in a fine, while one in 12 admit they either do not currently have a valid EICR in place or are not sure if their report is valid
And only one in 10 landlords across the UK can identify all the documents required should they need to evict a tenant.
Over one in five landlords (21 per cent) are unaware that not having a valid EICR could result in fines of up to £30,000.
Under The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020, landlords must ensure their property’s electrical installations are inspected and tested by a “qualified and competent person” at least every five years. A valid EICR must be provided to new tenants before they move in and to existing tenants within 28 days of inspection.
A spokesperson for Direct Line business insurance, which commissioned the research, says: “As we approach the fifth anniversary of the introduction of compulsory EICRs for private rental properties, we are urging landlords to check all their paperwork to ensure it’s up to date. It is important to stay on top of legal requirements, as not doing so could result in fines, invalidate insurance or cause delays and complications should a landlord need to repossess their property.”
EICRs are not the only area where some landlords are falling short. Only two-thirds of landlords are aware of the legal requirement to have a valid Gas Safety Certificate for any property with a gas supply (67 per cent), and even fewer know about the need for an Energy Performance Certificate (61 per cent) or current Electrical Installation Condition Report (59 per cent), which are required for all rental properties. Just one in 10 (10 per cent) landlords across the UK could identify all the documents they legally need to share with tenants.
Gurkaran Singh Gill, Legal Adviser at ARAG Law says: “Evicting a tenant in England can be a complex and daunting process for landlords. The legal landscape is fraught with challenges that can make it difficult to regain possession of a property. Landlords must navigate a maze of regulations, ensure strict compliance with legal procedures, and be prepared for possible disputes and delays.”
“By understanding the legal challenges and seeking appropriate legal advice, landlords can better manage the eviction process and protect their interests. Staying informed and proactive is key to overcoming these challenges and achieving a successful resolution.”
This article is taken from Landlord Today