Advertising a property to let has got more complicated over the years with the burden of regulation growing ever bigger.
From 9th January 2013 regulations concerning EPCs (Energy Performance Certificates) have changed, meaning that a landlord will have to have commissioned an EPC before marketing their property and obtained within 7 days of it going on the market. If you don’t get one within that time, you have a further 21 days to get one, provided you’re able to demonstrate you’re making every reasonable effort to get hold of one. Even if you’ve got an agent working for you, it’s still the landlord’s responsibility that an EPC is procured in a timely fashion, and made available to prospective tenants free of charge. The asset rating (energy efficient rating) on the EPC must be stated on any advertisement of the property in commercial media, including newspapers, magazines, the internet and any other written material describing the property.
What about shared housing? Do I still need an EPC?
This is where there is a crucial difference between renting out a whole property and renting by the room. If the space you are advertising is not self-contained, then you do not need to provide an EPC. Where individual rooms in a building are rented out, and there are shared facilities eg a kitchen or bathroom, an EPC is not required. This is because an EPC is only required on the rental of a building or part of a building that’s rented out separately. Renting a room does not fit the requirements.
A crucial difference
We feature both houses let on a room by room basis as well as whole properties suitable for sharing on SpareRoom. The latter, which will be distinguished as not available by the room, and let on a joint and several contract to a group of sharers, will need an EPC.
If in doubt, consult the Government regulations.
Issue 6 of Multi-letters, SpareRoom’s free newsletter for landlords, is now available to download. Multi-letters contains regular features on HMO regulations, managing rental property and being a professional landlord. Past issues (all still available) have included articles by Shelter, the National Landlords Association and Sarah Beeny.
Here’s what’s inside issue 6:
- Article 4 directions – an in-depth article from the NLA giving you the lowdown (as well as explaining why they oppose the changes)
- Should there be a TripAdvisor style ratings website allowing tenants to rate their landlords?
- The results of our latest gas safety survey
- News of a new way to spread the cost of payments when advertising your rooms on SpareRoom
- A free copy of Your Property Network magazine for every reader
Download your free copy now
Issue 3 of our free landlord newsletter Multiletters is now on its way to subscribers and is available to download free from SpareRoom.
The lead article is a strong response from the National Landlords Association to new government HMO legislation set to come into force on April 6th – more on this next week.
The newsletter is free to download plus you can get back issues and sign up to automatically receive new issues as soon as they come out at SpareRoom/multiletters
Issue 2 of SpareRoom’s newsletter for multi-let landlords is now free to download.
- Sarah Beeny’s thoughts on the buy to let market in 2010
- An introduction to HMOs and Capital Tax Allowances relief
- Your questions on HMO financing answered
- Our regular HMO column HMO Sapient
You can download issue 2 (as well as the first issue) here where you can also sign up to receive future issues
We regularly get emails and phone calls from the landlords who use SpareRoom asking for advice on all sorts of topics (especially HMOs). As a means of answering some of these we’ve decided to start producing a newsletter aimed specifically at multi-let landlords and issue 1 is now available to download – completely free of charge.
Let us know what you think – if you have any questions to submit for us to put to an expert just let us know.