Key Legislation for Leaseholder Landlords
The Private Rental Market has been subjected to enormous amounts of legislation ever since the First World War but some of it has to be seen as a result of the conduct of landlords. For example when they started taking advantage of the increased wages of munitions workers at the beginning of the war by arbitrarily raising rents, the first (temporary) Rent Act was passed in 1915 to try to prevent this. It didn’t work though and a further 12 Rent Acts were passed between 1920 and 1946.
The Rent Act 1977 consolidated all the Rent Acts introduced since 1915 and the Protection from Eviction Act 1977 had, as one its key measure, protection for tenants against harrassment committed by their landlords.
Today the PRS is still experiencing some kind of evolution in terms of legislation but some of it is seen as being distinctly unfair to landlords such as the Immigration Act 2014 where landlords are expected to ensure that their tenants have the right to be in the UK.
There is also legislation surrounding the health and safety of rental properties with the overarching legislation being that of Part 1 of the Housing Act 2004, specifically that of the Housing, Health and Safety Ratings System.