Being a Landlord
What it is
Letting a property you own, or managing lets for someone else. The money is steady, but the paperwork is strict: safety certificates, protected deposits and regular inspections. Good records protect you in a dispute.
Watch this first
Step by step
- 1
Check you are allowed to let
Tell your mortgage lender and insurer, and check your lease if the property is a flat. Many areas also need a landlord licence, so ask your council.
- 2
Get the certificates
A gas safety certificate every year, an electrical safety report (EICR) every 5 years, an energy performance certificate and working smoke and carbon monoxide alarms.
- 3
Protect the deposit
Put any deposit in a government approved scheme within 30 days and give the tenant the details. Skipping this can cost you up to three times the deposit.
- 4
Inspect on a schedule
Give at least 24 hours written notice, then check each room and photograph anything that needs work. Dated photos settle disputes at the end of a tenancy.
- 5
Keep every record
Rent received, repairs, certificates and inspection reports in one place. You will need them for your tax return and, if it ever happens, a tribunal.
AI prompts to try
Copy one of these into ChatGPT, Claude or your AI tool of choice and adapt it to your situation.
Useful links
A free OddSync account gives you a booking page, quotes and invoices sent as a link, and a running tax estimate for your side hustle.
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