Two largest of Britain’s landlords’ associations announce merger

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Breaking News:

The RLA and NLA are joining forces to form the National
Residential Landlords Association (NRLA); together they will represent over
80,000 landlords. The result is an organisation with immensely increased fire-power
when influencing parliament, much needed at a time of unprecedented change within
the industry.

The Chairs of the Residential Landlords Association (RLA)
and the National Landlords Association(NLA) have said, “We are very pleased to
announce that after more than 20 years of friendly competition we believe that
the time is right to create a single organisation for private landlords.�

The new Association, with a membership of more than 80,000
landlords, is by far the largest organisation in the private rented sector
(PRS). Its members will own and manage half a million properties, about 10% of
the PRS.

The NRLA will serve landlords in England Wales and will have
a regional structure.

The extra resources will enable the new body to increase
support for landlords helping them to manage their properties and provide
enhanced standards for tenants. They say they will be stronger together when
presenting a unified voice to government both nationally and locally.

The merger is endorsed by the boards of both organisations
and will be put to a vote of their respective members in September.  The new Association is planned to launch
officially on 1st January 2020.

In the meantime, both the RLA and NLA will continue to
operate as now although we will be working to align our policy and campaign
work.

Sean Hooker (PRS – Head of Redress) said:

“Congratulations to the NLA and RLA on their engagement and forthcoming marriage. NRLA will be a powerful voice for landlords and will raise standards and professionalism in the sector. Hamilton Fraser is look forward to working with the new organisation to make this merger a success.�

Eddie Hooker (Hamilton Fraser – CEO) said:

“We at Hamilton Fraser Group very much welcome this
announcement from these two hugely respected bodies. Having worked with the NLA
for twenty years including a successful collaboration on mydeposits and also
having developed a strong relationship with the RLA, I know the value of
working together and the need for joined up thinking. The rental sector and
individual landlords face huge challenges but also opportunities in the near
future and this new organisation will be in a great positon to ensure a healthy
and successful sector.�

Paul Shamplina (Landlord Action – Founder and Brand
Ambassador) said:

“So many landlords I know really appreciate the value of
both these organisations and indeed some have even joined both organisations!
The new NRLA will provide a united voice and a real focus for the needs of the
private renting to build a vibrant and respected sector that serves both
landlords and their tenants.�

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Two largest of Britain’s landlords’ associations announce merger | LandlordZONE.

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Will the UK’s largest Landlord Associations Merge later this year?

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Property118 has received multiple anonymous tip offs today that the National Landlords Association “NLA” and the Residential Landlords Association “RLA” will merge later this year.

Having once said “I think hell is more likely to freeze over before that ever happens”

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Landlords stronger together

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The country’s largest landlord organisations are to come together to deliver a stronger voice for the private rented sector. The National Landlords Association (NLA) and the Residential Landlords Association (RLA) will unite to form the National Residential Landlords Association (NRLA) with a membership of more than 80,000 landlords making it by far the largest organisation […]

The post Landlords stronger together appeared first on RLA Campaigns and News Centre.

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Only 24 minutes from London Waterloo

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Property Investor Partnership is delighted to be offering 1 bed, build-complete apartments in the centre of Woking, Surrey – discounted by 10% off list prices.

Spectrum House is an exciting development comprising of 41 apartments. Each high specification apartment has been interior designed

The post Only 24 minutes from London Waterloo appeared first on Property118.

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Landlord needs advice on HMO planning questions

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I have an HMO situation that I may need some help and advice with. I applied to Barnet council for an HMO license which was granted.

A few weeks later Barnet council Planning Dept have now written to me asking me questions.

The post Landlord needs advice on HMO planning questions appeared first on Property118.

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Ministry of Justice report on mortgage and landlord possession claims

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The Ministry of Justice have released the 2019 Q2 report on mortgage and landlord possession claims.

Landlord possession claims

There has been an overall decrease in landlord possessions. Compared to the same quarter the previous year

The post Ministry of Justice report on mortgage and landlord possession claims appeared first on Property118.

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Rents increasing for tenants

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Rent Increases:

The direct effect of the Tenant Fees Ban is playing out in the form of renting increases, where the costs are simply being transferred from fees to rents, as was widely predicted.

ARLA Propertymark’s latest (July 2019) Private Rented Sector (PRS) report indicates that average rents are rising and that UK rents reached a new record high for the third month on the run.

Given their increased costs, more landlords than ever are
pushing for rent increases, with around 63% of agents being asked to increase, bringing
the number of tenants facing rent rises to the highest figure on record. 15% more
landlords increased rents since June, which was itself a record high month.

ARLA report the number of tenants seeing rent increases up 31%
since July 2018 and the West Midlands being the worst affected with 86% seeing
a rent increase.

David Cox, Chief Executive of ARLA Propertymark, has said:

“Following the Tenant Fees Act coming into force in June,
rents have continued to rise, which we believed would happen,�

“The fees agents have been banned from charging are still
being paid for by tenants, however it’s now through their rent, rather than
upfront costs.

“The fall in the number of properties available further
increases competition in the market, which only pushes rents up or forces
landlords to exit the market entirely. As the sector faces increased levels of
legislation, it’s evident this is putting even more pressure on the industry.�

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Rents increasing for tenants | LandlordZONE.

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