Orchards Estate Agents

View Original

THE FIRST LANDLORDS ARE BEING FINED FOR NOT COMPLYING WITH DATA PROTECTION RULES.

Rules that came into force in May 2018 are amazingly still catching some landlords out, and whilst enforcement of these laws have been relatively lax, recent months have seen an increase in the enforcement and fines of up to £4,350 being issued.

If you are a landlord and decide to manage the property yourself, you will need to be in receipt of your tenants most personal details, as such it is a legal requirement for you to have a data protection plan in place and for you to be a paying member of the ICO.

If you are unable to provide a copy of your data protection plan or prove your existing membership to the ICO then a fine of £4,350 can be enforced.

Considering the number of new laws being brought in surrounding lettings, the continued push towards more energy efficient property, changes in legislation to support tenants through coronavirus, and the proposed mandatory local licensing being trialled in some local areas, more and more landlords are relying on agents to undertake their property management.

This year, Orchards have doubled the number of staff employed in our lettings department and as a result we have managed to increase our management portfolio by almost 20%.

Call us on 01525 40 22 66 to discuss your lettings needs and how we can help.

Learn more about our services