A practical, step by step guide to legal requirements, compliance, pricing and management.
Start here
Every landlord's situation is different. Pick what's most relevant to you.
Considering renting out a property? Start with the full roadmap.
Safety checks, EPC, marketing. Get your property ready to rent.
Gas safety, EICR, deposits, licensing. Understand your legal duties.
See how your property is performing and where Letio can help.
Self-manage vs a letting agent. See the real trade-offs.
The complete journey
Eight stages from permissions and compliance through to ongoing management.
Before anything else, confirm you’re allowed to let the property. If you have a residential mortgage, you’ll need Consent to Let from your lender or a switch to a buy-to-let mortgage. Check your lease too, as some leases restrict subletting, and swap standard home insurance for dedicated landlord cover.
The UK rental sector is regulated. As a minimum, you’ll need an EPC (minimum E rating), an annual Gas Safety Certificate, an EICR every 5 years, smoke alarms on every floor and carbon monoxide alarms where needed. You must also register on the PRS Database and join the Landlord Ombudsman scheme under the Renters’ Rights Act.
Make sure the property is fit for habitation: free from hazards like faulty wiring, damp, mould and structural issues. Complete necessary repairs before tenants move in. Decide whether to let furnished or unfurnished (young professionals and students often prefer furnished; families may prefer unfurnished). Even unfurnished rentals typically include white goods like a fridge and washing machine. Small touches like fresh paint and updated light fixtures can add real value.
Pricing too high leads to long void periods. Pricing too low leaves money on the table. Research comparable properties on Rightmove and Zoopla, consider local demand, and factor in the property’s condition and location. Under the Renters’ Rights Act, you must state a specific rent when advertising and cannot accept bids above that amount. Rent can only be increased once per year via a Section 13 notice with two months’ written notice.
Create a compelling listing with high-quality photos and a detailed description. List on major platforms like Rightmove and Zoopla for maximum visibility. Consider professional photography and 3D virtual tours, which attract more interest and help secure quality tenants faster. Many London properties have intense competition, so presentation matters.
A thorough screening process should include reference checks from previous landlords, employment and income verification, and a credit check. You must also complete Right to Rent checks to verify tenants have legal status to rent in the UK. Consider requesting a guarantor for additional financial security.
Deposits must be protected in a government-approved scheme within 30 days. Since 1 May 2026, all tenancies are rolling periodic tenancies with no fixed end date, and you must give tenants a written statement of terms plus the Renters’ Rights Act Information Sheet. A detailed inventory and schedule of condition helps avoid disputes later.
Once tenants are in, your responsibilities continue: repairs, maintenance, regular inspections, and staying on top of recurring compliance deadlines. Budget around 10% of annual rental income for maintenance, and register for Self Assessment with HMRC if rental income exceeds £1,000 a year.
Don't miss a thing
Tick these off before your first tenant moves in.
Annual inspection by a Gas Safe registered engineer. Certificate (CP12) provided to tenants within 28 days, and to new tenants before move-in. Retained for 2 years.
Electrical Installation Condition Report by a qualified electrician. Remedial work on C1/C2/FI faults within 28 days. Copy provided to tenants.
Valid Energy Performance Certificate with minimum E rating to let legally. Free copy provided at marketing. Minimum C rating expected by 2030.
Smoke alarms on every storey. Carbon monoxide alarms in rooms with fuel-burning appliances. Test before each new tenancy begins.
Protect the tenant’s deposit in a government-approved scheme (DPS, mydeposits, or TDS) within 30 days. Serve prescribed information to the tenant.
Verify each tenant’s immigration status and right to rent in the UK. Checks must be completed and recorded before the tenancy begins.
Many London boroughs operate selective or additional licensing schemes, even for single-let flats. Mandatory HMO licensing applies to properties with 5+ unrelated occupants forming 2+ households. Check with your local council.
From 1 May 2026: register on the PRS Database, join the Landlord Ombudsman scheme, serve the Information Sheet to tenants, use rolling periodic tenancies (no fixed terms), and follow new rent increase rules (Section 13 only).
Compliance rules change frequently. This checklist reflects requirements as of August 2026. Always verify current obligations with your local council or a qualified professional.
Free tool
The Letio Landlord Toolkit is a free tool for London landlords. It helps you assess how your property is performing and how Letio might help you save time, hassle or money.
Major change
Major changes to UK rental law came into force on 1 May 2026. If you’re letting a property, you need to understand these changes from day one.
No more Section 21. Landlords can no longer evict without a reason. Possession requires a valid Section 8 ground, with notice periods that are in many cases 4 months, though shorter for some grounds.
End of fixed-term tenancies. All tenancies are now rolling periodic tenancies with no end date. Tenants can leave with 2 months’ notice.
Rent bidding banned. You must state a specific rent when advertising and cannot accept higher offers. Rent increases are limited to once per year via Section 13 notice with 2 months’ notice.
No more than one month’s rent upfront, before the tenancy agreement is signed.
Pets are a right. Tenants can request to keep a pet, which landlords cannot unreasonably refuse.
No discrimination. You cannot refuse tenants because they receive benefits or have children.
Mandatory registration. All landlords must register on the PRS Database and join the Landlord Ombudsman scheme.
Make the right call
Should you manage the rental yourself or use an agent? This comparison lays out the real trade-offs so you can decide what works for your situation.
A full breakdown of what you get (and give up) going the DIY route on OpenRent versus using a managed agent like Letio.
Go deeper
Browse Letio's knowledge hub of 109 articles from the frontline of the London rental market.
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