A specialist buy to let mortgage lender has launched a range of Renters Rights Act resources designed to help its landlord clients.
These are available through a dedicated page on the Fleet Mortgages website and give practical information about the changes, key dates and areas.
They include an overview of the Act and the issues landlords need to consider now and in the future; a timeline, setting out key implementation dates and forthcoming changes; and questions and discussion points which mortgage advisers use with landlord clients to identify potential risks, opportunities and future borrowing requirements.
A Fleet Mortgages spokesperson says: “The Act represents a major change for landlords, and the Government’s announcement this month means we now have much more detail about the next stage and exactly when landlords across England will need to act.
“The [database] registration service is particularly important because we now know the regional timetable, the three-month registration periods and the £65 annual cost for every property. For portfolio landlords in particular, that cost can quickly add up, while there is also a considerable amount of information they will need to have ready for each property.
“We have produced these resources because we believe advisers have an important role to play in helping landlord clients understand what is changing and what it might mean for their businesses. This does not mean advisers need to become experts on every part of the legislation, but they can make sure their clients are aware of what is coming and point them towards the right information.
“There is also a wider advice opportunity here. Changes to costs and regulation can prompt landlords to review individual properties, their portfolio structure, future purchases and their financing arrangements, and these are all conversations advisers are well placed to have.”
You can see the guide here: https://www.fleetmortgages.co.uk/renters-rights-act-resources-for-advisers/









