Windy Whistle

On ‎12‎/‎17‎/‎2020 at 8:16 PM, Grampa said:

I know this isnt related to the the orginal question but have you checked your insurance and lender allow this type of tenancy otherwise you could find yourself uninsured at worst. Also if the company goes out of business you would have no details about the tenant(s). I have heard of many of these type of set ups ending very badly/costly for the landlord. 

Thank you, I will be checking that.

5 minutes ago, Richlist said:

A Company Let is not an AST. Many landlords steer clear of Company Lets......they bring their own set of issues and are often not allowed by mortgage lender or insurers.......have you checked ?

There will be a whole list of current building control requirements that your property will not meet. That doesn't mean you are required to correct any of them 'by law'. 

But it's common sense to ensure your property meets basic safety requirements in order comply with your duty of care.

Should the Company have raised the issue of no handrail before entering the contract ? Yes of course. But you are the owner and you are responsible for providing a safe property, not them, so you are both at fault

As a landlord you will find that there are often unexpected surprises that cost you a few hundred pounds, but the cost is tax deductable.

Absolutely agreed. I already offered the Company to move the tenant out until I sort the issue. They told me it's ok for tenant to reside in the property for the time being. This Company works with the Council and find rental properties for the vulnurable, so it could be more complicated.

8 hours ago, Carryon Regardless said:

I wouldn't know the regulations. It won't be law.

Often regs are retrospective, so a property is feasibly up to standard if things are up to the standard of the date of install.

I would be tempted to ring the local building control and ask 'em.

Yes, I will be contacting building control, thank you.

I agree with you all. We have a duty of care. I am renting the property as Company Let.

The company have checked the property, they were happy with everything, tenant moved in, then the company contacted me and said there is no handrails, by law we should have handrails on the stairs.

I wasn’t aware that handrails were compulsory, but they should’ve made sure before they put the tenant in if the property was ok. 

Thank you.

Hello,

We are new to being in renting property business.

Quick question, do we need to provide handrails on stairs by law please?

Thank you