Becoming a Landlord

If all or part of your property is empty, it is an asset that is being wasted. Letting out all or part of your home could provide you with additional income and at the same time provide someone with a home. The Housing Act 1996 makes it straightforward to create tenancies and to be confident you will be able to get your property back.

These webpages provide information and advice about becoming a landlord and your rights and responsibilities as a landlord. There are 4 steps:

• Step 1 - Choosing an appropriate tenancy
• Step 2 - Deciding the terms of the tenancy
• Step 3 - Finding and choosing a tenant
• Step 4 - Making the conditions of tenancy clear

Article		Description
	Step 1 - Choosing an Appropriate Tenancy	Different types of tenancy and when to use them
	Assured Shorthold Tenancies
	Assured Tenancies
	Excluded Tenancies
	Grounds for possesion
	Unprotected Tenancies
	Step 2 - Deciding the terms of the tenancy	What to consider when drawing up a Tenancy Agreement
	Financial Issues
	Management issues
	Conditions of Tenancy
	Step 3 - Finding and choosing a tenant	Ways to find a suitable tenant
	Step 4 - Making the Conditions of Tenancy Clear	Getting a clear agreement between you and your Tenant
	Other Issues	Other things to consider if you are thinking of becoming a landlord