[ˈlænlɔːd]
A Landlord provides a property to a tenant in exchange for rent. They must ensure the property is safe and habitable.
A Landlord is an individual or company who rents out property they own to tenants. They are subject to legal responsibilities that they must provide to the tenants. This includes the maintenance of the property and ensuring it is safe and habitable. They must ensure the property complies with regulations on fire, gas, and electrical safety. They must also get a energy efficiency report and carry out checks on tenant to see if they are eligible to rent.
However, tenants are responsible for the keeping the property in a good state generally.
Landlords must pay Income Tax on their Net Income from renting and also pay National Insurance contributions. This is done by submitting a Self Assessment.
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