The PRS Database Regulations: What lenders, receivers and insolvency practitioners need to know before taking control of a tenanted property

Kate Hillman and Felicity Marsden of TLT explain how England’s new Private Rented Sector Database will create an additional compliance hurdle for lenders, receivers and insolvency practitioners taking control of tenanted residential property, with failures to maintain active landlord and dwelling entries potentially delaying possession, increasing costs and triggering penalties, while placing greater emphasis on pre-appointment due diligence and ongoing 28-day update obligations.

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