Rented accommodation London
The population of London now stands at 8.1 million. Private renters make up for 25%, over 800,000 of the households in London. Most of these rented properties use existing housing rather than new builds. The Private Rented Sector makes up two thirds of the cities homes, helping to maintain housing supply.
Affordability issues in London are becoming increasingly serious. Average rent for a two bed property takes up about 53% of the average single person’s wage.
When you rent a property there are certain things your landlord should provide you with:
- The property’s energy performance certificate
- Provide a record showing that any gas appliances (e.g. cooker/heating) have been checked in the last 12 months
- Ask for the current gas safety certificate before you agree to rent
- If there are 5 or more occupants and 3 or more floors to your rented property, it requires an HMO licence to ensure additional health and safety standards are met. The license must be displayed in the property
- Within 30 days of receiving your deposit your landlord must provide confirmation of which Tenancy Deposit Scheme they have used to protect your deposit and provide you with a certificate