REMINDER: New rules as from April 1st 2018 #LLPropertyNews
2018 has been a year of big change in the property industry, new regulations have been put in place for landlords and tenants to have safe and happy lets.
In the next two months, the big rollout of EPC and GDPR regulations come into effect. Make sure to be in the know to avoid a headache later!
Energy Performance Certificate (EPC)
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From April 2018 it is against the law to advertise a property without obtaining a valid EPC, failure to purchase the EPC could mean fines
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All domestic and commercial properties in the UK MUST have an EPC to identify the energy performance of the building
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You are responsible for checking the validity of the EPC so please remember to do so otherwise you could face a £200 fine… ouch!
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You can check whether your EPC is valid through the National Energy Performance Certificate Register. Their website easily allows you to check validity and gives you information on how to obtain a new one: www.ndepcregister.com
General Data Protection Regulations (GDPR)
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The GDPR law, set by the EU, comes in to effect on the 25th of May, 2018
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Businesses are now required to be 100% transparent about the data they collect, how they do it, what they use it for and how long they will hold this information.
At Leonard Leese, we have always taken measures to ensure all of our client data is safe and secure with us.
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We keep all sensitive paper documents in locked storage and data is kept on secure password protected computer programmes. We shred all sensitive data in paper documents kept in the office that are no longer required or in date.
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Data gathered through online enquiry forms via our website is input straight into our secure database which is backed up through a secure cloud storage system and password protected.
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Our website is hosted via a secure https:// domain which is encrypted for your assurance even though we do not receive credit card or any other type of payment through leonardleese.com
Please contact us for any advice regarding landlord legal requirements, we can help guide you through any compliances that are required for your investments…