Tenants More Comfortable with Accredited Landlords
51% of tenants are more likely to move into a rental property if they know the landlord is dedicated to professional development and accreditation, says the National Landlord Association’s (NLA) first Quarterly Tenant Index.
Being accredited with the NLA guarantees landlords have thorough knowledge of the rules and regulations of the letting industry. The NLA’s national scheme ensures tenants in England and Wales recognise quality landlords who are committed to professional development. The scheme also offers free and regular local meetings.
However, just 19% of tenants are aware of whether or not their landlord is accredited.
Chairman of the NLA, David Salusbury, says: “Accreditation is an effective way for landlords to develop their professional capabilities and, as our research shows, is a credible tool for marketing to tenants.
“Accredited landlords are required to dedicate time to attending courses and local meetings and to commit to continued professional development. This investment in time and knowledge is what sets accredited landlords apart from the rest; they have knowledge of the various acts of parliament as well as the local regulations that apply to their properties and tenants.
“Qualified landlords should shout about their accredited status. A good landlord cares about their tenants, their properties and their business.”1