Landlords! Home Office issue new 'Right-to-Rent' code of practice: our expert team are all over it ✅
#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
📢 Calling all Landlords: There's no doubt about it, 'Right-to-Rent' is SERIOUS legislation that you must be aware of 📢
🔸This month, a revised code of practice for 'Right-to-Rent' has been issued to Landlords and Agents by the Home office
🔸Coming into force on 22 January 2024, this is set to coincide with higher maximum fines for non-compliance under the Immigration Act 2014 (Residential Accommodation) (Maximum Penalty) Order 2023 and and the Immigration (Restrictions on Employment and Residential Accommodation) (Codes of Practice) (Amendment) Order 2023
🔸The revised code of practice is the sixth update and will replace the previous version from March 2022
As always, Cavendish Residential are abreast of latest regulations and have everything in place for compliance ✅ For our must-read 7-step 'Right-to-Rent' guide, click here 📩
What happens if Landlords or Agents are non-compliant? 🤔
🔸In August, the Government announced much larger financial penalties
🔸Up to £5,000 per lodger and £10,000 per occupier for a first breach, then from £80 and £1,000 respectively
🔸THIS IS SERIOUS!: repeat breaches could cost up to £10,000 per lodger (up from £500) with a WHOPPING maximum fine of £20,000 per occupier (up from £3,000)
📩 Read Propertymark's article in full here 📩
If you would like further advice on 'Right-to-Rent', or have a specific case you would like to discuss: email Layla for the best advice (layla.evenden@cavendishproperty.co.uk) 📧
📸 Layla Evenden: Senior 'Right-to-Rent' Administrator at Cavendish Residential📸
📸Main article image: Scott Sneath (pictured on the right), Finance and Compliance Director with Sam Barker, Operations Director at Cavendish Residential📸
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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
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