From the 1st of April, Landlords are obliged to have an electrician undertake an Electrical Installation Condition Report (EICR). If any faults are found during this inspection, you must remedy such faults within 28 days and provide a copy of the report along with evidence of any remedial works to your tenant and to the local authority. Failure to do so may result in a fine of up to £30,000.
The regulations require that landlords ensure that their properties are periodically inspected, every five years, by a qualified electrician to make sure that all electrical installations are compliant with the 18th edition of the ‘Wiring Regulations’. This covers all wiring, fuse boxes and installations.
Exceptions to the new EICR regulations include;
Related articles:
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Yesterday
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
Yesterday
Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer.
5 days ago
Recent data from Rightmove shows the most expensive streets in Great Britain, with the majority being situated in the capital.
The Bank of England Governor, Andrew Bailey, has advised that, due to the “very big energy shock” the economy is facing, they won’t be in a rush to increase UK interest rates.
Many homeowners don’t realise that a simple act or oversight could invalidate their home insurance policy. Home insurance is essential in protecting your most valuable assets; however, it is important to understand what affects your cover to ensure you are fully protected.
In certain areas, impressive views are one feature that buyers are willing to pay price premiums of more than 30 per cent.
The UK mortgage market is seeing lenders withdraw deals and hike mortgage rates amid the escalation of conflict in Iran. This isn’t great news for borrowers, with the average rate for a two-year fixed deal sitting above 5%.