Whether or not to sign up with the National Landlord’s Association (NLA) is a question every landlord and potential property investor asks themselves at some point. You’re probably already a member of several associations as it is and the last thing any of us wants is to get more unsolicited mail landing in our inbox or on the door mat.
However, there are associations and there are well, organisations that it just makes sense to be in. And here at Property Go-To Girl we reckon the NLA is one of the latter. Why is that then? Well consider the following:
Cost of membership
But of course, all those perks do come at a financial cost – not a particularly large one considering the above points, we reckon. For instance, a basic membership will only set you back £50* a year. A basic plus members is £30 extra and in addition to getting access to information and resources also provides free tax investigation insurance (meanwhile, it’s worth remembering that you can claim back the cost of joining against tax).
Full membership ranges from £89 for one year, £225 for three and £375 for five years. Family membership is slightly more expensive (£124 for one year, for example) while Business membership comes in at £174 for a year.
* Costs as per June 2014
List of suppliers
You can cut the spent time sourcing suppliers such as furniture companies, alarm suppliers, joiners etc through using the list of companies and individuals found on the Association’s portal. The best bit about this is the fact suppliers have been rated by other landlords and any found to be unsatisfactory are removed.
The online resources in our bullet point above includes crucial information on fire and safety testing as well as tenancy agreements (in fact you can purchase ready-made short assured tenancy agreements in the online shop at less than £10 for a pack of five).
The NLA is the largest landlord’s association in the UK. However, it’s not the only one and in the interests of fairness, here are some of the others:
There are also plenty of local associations for landlords and there’s no harm in being a member of more than one. If you’re a landlord reading this then here at Property Go-To Girl we’d be interested to know which one you belong to and why.
Bye for now!
I'm Jacquie the Property Go-To Girl. I am passionate about property. I love to help people make the most out of their property investments!