Landlords are being reminded by the Information Commissioner’s Office (ICO) to check whether they need to register and pay a fee if they have not already done so.
The reminder comes as the ICO has announced they will be writing to the ‘real estate sector’ as part of a campaign to remind those in the sector that they may have a legal responsibility to register with the ICO and pay a fee.
As a landlord, you will hold a significant amount of personal data about tenants, guarantors and prospective tenants. As you are responsible for the collection and the use of this information, this makes you a ‘data controller’. It is the responsibility of the data controller to ensure that personal information is used in line with the principles of GDPR.
It is important that you identify any records which contain personal information and assess whether you are complying with the GDPR principles.
The ICO has also developed a self-assessment tool for people to use to check if they need to pay a fee, and the answers to some frequently asked questions can also be read on the ICO website – link in comments.
Make sure you check this out – it applies to Deal Sourcer’s as well as landlords and ensure your legally compliant.