How To Become a Landlord
Overview
What this guide covers
This guide walks you through the essential steps to become a private landlord in England. It covers the legal framework, mortgage and insurance requirements, tax registration, and the compliance checks you must complete before a tenant moves in.
Who it is for
Anyone letting a residential property in England for the first time, whether you are buying a buy-to-let property, letting a property you already own, or converting a former home into a rental.
What this guide does not cover
- –HMO licensing (see the HMO Licensing Guide)
- –Commercial lettings
- –Lettings in Wales or Scotland (different legislation applies)
Before you start, you will need:
- ·Confirmation that your mortgage lender permits letting (or a buy-to-let mortgage)
- ·Buildings insurance in place
- ·A clear understanding of your target tenant type
When To Use This Guide
Use this guide when:
- ✓You are about to let a property for the first time
- ✓You have recently purchased a buy-to-let property
- ✓You are converting your former home into a rental
Do not use this guide if:
- ✗You are already an experienced landlord — use the specific guides for individual tasks
- ✗You are letting a room in your own home — different rules apply under the Rent a Room scheme