Landlords Face Fines Under New Legislation

“So I mean as of yesterday first of May You know every step of letting a property is changed. So for example all AST contracts are now periodic No fixed hand, the way you advertise a property to layer.”

“So, from yesterday, you know, everything has changed in terms of compliance and how you net a property. So, it's now more important than ever to make sure, you know, that as a landlord that you are completely compliant and up to date with all the regulatory changes.”

“to date with all the regulatory changes. Do you think this is...? for is to be more transparent and you know to to give tenants a little bit more you know knowledge that they that they you know rent increases aren't just going to be put upon them and they're going to have longer periods if they you know are asked to leave a property”

“I think it's just a case of, you know, it's for is to be more transparent and you know to to give tenants a little bit more you know knowledge”

“Do you think there is going to be some extra hurdles to becoming a landlord that's been put up by this, which might not be as positive and transparent in the way that you've been talking about?”

“And I think, you know, maybe looking at if you feel that you're not going to be able to handle that and put all that time into that now is the time to select a good regulated agent.”

“And there's been a lot of talk, Tracy, about the landlord exodus. You've talked a little about it already. Do you think that's likely or even necessary off the back of this Act?”