Letting accommodation is like a business. Records and accounts should be kept, rental income declared for tax purposes and tenancy agreements and contracts need to be clearly drawn up.
As a landlord you will have a number of obligations under any letting agreement particularly with regard to repairs and the serving of any notices which are required under the tenancy.
However letting out a property can be a rewarding experience and can provide a useful second income and a range of organisations now exist to advise and assist landlords.
We are keen to foster a good working relationship with local landlords because privately rented accommodation is essential to meet the demand for housing in Brent.
View information about the various incentives for landlords which we can offer you.