The government has launched a consultation on introducing five yearly mandatory electrical installation checks for private rented properties, and whether other safety measures should be encouraged as good practice.
Gordon Brown said...
When the government have driven all the landlords out of the PRS with even more cost and regulations how will they house the 9 million renters who will no longer have a home?
March 16, 2018 at 11:00 AM
Exactly. Cutting off nose.
I would rather have empty property than rent to council ever again.
Just raise rents with every extra gratuitous piece of legislation that comes in.
I personally wouldn't rent to anyone who doesn't have a stable job. .banks don't so why should we??
March 16, 2018 at 12:31 PM
Exactly my thoughts!
March 16, 2018 at 2:19 PM
I disagree with the Working Group in part. I am a landlord of several years standing (17 years) and because of recent Legislation I have had to sell two properties to bring me under the ridiculous tax limits. Thus I have reduced my overall income by £1000 per month, which I always paid tax on, so in effect the Government has lost that tax from me and many other landlords also selling up.
I invested in property to fund my old age. Not for personal gain but to look after myself and my husband instead of calling on the State, but since Section 24 and the new Taxation laws, I have effectively been hit with a sledgehammer!
New legislation seems to appear almost every month! I invested in brand new or almost new properties in 2001-2005. None of which require Electrical checks. Not will they do so for many years to come. My suggestion is that only landlords with properties OVER 30-40 years old need to comply with an electrical check of any kind.
I cannot find an electrician under £400 for electrical check certificates having done a thorough search. This would mean I would be paying £2000 or over for my 5 properties. This is a sum I cannot afford due to already high maintenance and repair bills each year. I cannot make this amount up by raising rents.
I would simply have to sell all 5 houses, and this would mean when my money runs out, which it will due to the new tax laws, I would have to fall back on the State to supplement my Pension and keep me alive!
I am not the only landlord by far in this position. I would effectively be putting 5 sets of families out of a home.
March 16, 2018 at 3:43 PM
Did a full electrical check on my Gateshead property a year ago (property was meant to be a do-up-and-sell-on in 2007 but we all know what happened and I am still in negative equity, hence am a reluctant landlord). Agree that Govt policy in general is discouraging landlords and there will be a shortage of rental properties in the future.
However the 2017 electrical safety check showed up some appalling, unsafe work done by my builders in 2007 (they have now gone out of business!), and am very glad I paid the £600 for the check, and extra money to make safe. Would rather spend the money than end up in prison after my tenants died in a house fire...
March 16, 2018 at 3:54 PM
I think there are many things at play here
1) for insurance purposes its good to have a fixed wiring test
2) most electrical fires are really due to misuse of appliances or appliance faults. This is remedied by Portable Appliance Testing
what PAT will miss is the tenants electrical items unless you do them free of charge
3) like with most things prices for electrical testing will come down as soon as it seen as a revenue stream for electricians...I do all my properties in one go and include my home. As a result I can negotiate better rates.
March 16, 2018 at 5:17 PM
You can get electrical checks done for around £130 +vat round our way - that's about £30 a year over a five year period and its tax deductible so lets not get over-excited about this and think a bit about the safety of people above profits all the time. Im not saying every property would immediately needs checks especially if they are new or have had a recent full re-wire, A sensible legislation would be that they only need an inspection say 15 years after a new full installation has taken place then every 5 years thereafter - it would be similar to cars not needing an MOT for the first 3 years then every year after. 60p per week isn't too much to ask is it?
March 16, 2018 at 6:28 PM
They are working for greedy big biz, to squeeze out and muscle in on small LL.
They don't want people to be independent, they want slavery
March 16, 2018 at 7:34 PM
Typical Government idiocy. Landlords are not to blame for Government incompetence.
March 16, 2018 at 8:47 PM
Krissie Turner said...
I dont disagree with legislation because I would not want to live with unsafe electrics. I would not forgive myself if someone died for the sake of a couple of hundred pounds.
March 17, 2018 at 8:00 AM
This proposed legislation make perfect sense. Surely every responsible landlord wants to be sure, as far as possible that his/her property is safe for tenants. I'm surprised to see comments about the 'burden' on landlords - and the added cost. I've made electrical installation testing an essential part of my property management - and would feel irresponsible if I didn't.
I think it needs to be shown that the same standards also apply to the public sector (social housing) - then perhaps we'll get retain only responsible private landlords - and filter out those whose motivation is too financially biased
March 17, 2018 at 9:50 AM
Electrical safety certs are Cicars £70-£100 not £400 by a professional registered Electrcian
I own over 40 properties and have had them all certified Avery five years for the last 20 years as a responsible landlord and they are now required under council lanlord schemes as well stop morning
And start protecting tenants and yourself act responsibly towards tenants
March 17, 2018 at 10:16 AM
Andrew Hill, Director said...
Fully support electrical safety checks; landlords should do it anyway, not because they're legally obliged but because they should make sure the products and services they supply are safe; as any other business owner does.
What I disagree with, however, is how this is only mandatory for PRS and not social housing? Minimum energy efficiency standards also don't apply to social housing. Surely social tenants deserve the same rights to safety as PRS tenants?
March 17, 2018 at 10:25 AM
Leicester Property Insight said...
We often hear of tenants in unsafe properties and support this move.
March 17, 2018 at 10:27 AM
One of my properties is rented o an electrician.He gets a fair rent and we get piece of mind, it's a win win