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BEFORE ANY LETTING YOU MUST ENSURE THAT YOUR RENTAL PROPERTY COMPLIES WITH THE FOLLOWING:
The Furniture and Furnishings Fire Safety Regulations (1988) (amended 1989) imposes fire resistance levels for domestic upholstered furniture, furnishing and other upholstered products present in a residential letting.
BY LAW all gas appliances in rental property must be checked annually by an engineer recognised by the Council for Registered Gas Installers (CORGI). The scope of the act covers all chimneys and flues as well as central heating boilers, water heaters and boilers present in residential lettings. Secondly, you need to ensure about your rental income being according to UK’s law. Landlords need to be aware that the Inland Revenue have to be informed within 6 months of letting a property, flat or apartment in the U.K. Failure to do this could result in penalties, interest and other consequences. This includes all individuals and Companies regardless, of their residency. Therefore non U.K. residents cannot escape these obligations!
Non-Resident Landlords, must obtain approval from the Inland Revenue so that they can receive payment of property rental income "Gross". Without this approval, the letting agent or tenant will deduct Income Tax from the rent due and pay it over to the Inland Revenue.
For more info, please call us on 020 8743 4999 or email now

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