Are Tenants and Landlords in the dark about their rights and responsibilities?
Posted on 17 November 2017 by Janet Keirle
Having read an article from the Times newspaper today, it is very concerning to note that millions of residential tenants are unaware of the laws governing rented property According to research, 37% of tenants and 16% of Landlords did not know that tenants must be given at least two months’ notice before eviction. 34% of those in rented accommodation and 12% of Landlords did not know tenants have the right for their deposit to be placed in a tenancy deposit protection scheme.
43% of renters (which amount to some 7.4 million people) were also not aware they could challenge excessive charges made by a landlord via the ombudsman.
More worryingly half of the renters (some 8.6 million people) were not aware of the law dictating that rent charged by a Landlord should be comparable to similar properties in the area. If the rent was significantly above that rate, it could be legally challenged.
These are just some of the worrying statistics which have come to light. If you are a tenant or a landlord, it is essential you are aware of your rights and responsibilities. For further assistance, please contact either the Commercial or Residential Property Teams at Pardoes.
Posted in: Commercial Property