What does Right to Rent mean for you as a Landlord?
Right to Rent: Immigration Act 2014. Following a successful pilot scheme in the Midlands, the government has passed legislation that from the 1st February 2016 all tenancies must pass mandatory checks for the tenancy to proceed.
An adult tenant or occupier must satisfy one of the three following criteria:
- They are a British Citizen; or
- They have the right to rent in the UK; or
- They are an EEA or Swiss National
Principally checks will be carried out on passports and visas to ensure they have the right to reside in the UK, and the agent needs to inspect these documents in person and take copies. Whilst an agent isn’t expected to be an expert in passports and visas, we have to remain diligent. If the tenants do not meet this criteria then the tenancy would not proceed as it would not be lawful and the landlord may run the risk of facing criminal charges and a fine of up to £3,000 per occupier.
To ensure CBRE is fully compliant to this new legislation we have engaged with our 3rd party referencing company who will make certain our clients are fully compliant.