"We welcome the move towards improved rental property standards in England and Wales, and it’s good to know that tenants recognise and are rightly influenced by the NLA’s rigorous standards."
London (PRWEB UK) 21 June 2012
Online insurance provider LittleNLarge.com has lent its backing to the professional development and accreditation of landlords following the publication of new National Landlord Association (NLA) findings.
According to the NLA, more than half (51 per cent) of tenants are more likely to move into a rental property if their landlord has received NLA accreditation.
Based on sound management practice and landlord development, accreditations are awarded following an independent evaluation once the agreed landlord standards have been met.
“We welcome the move towards improved rental property standards in England and Wales, and it’s good to know that tenants recognise and are rightly influenced by the NLA’s rigorous standards,” explained LittleNLarge.com founders Andy and Solomon Tzouvanni.
“Landlords must have a clear understanding of the rules and regulations when letting a property, and by extension this includes taking out appropriate landlords insurance. NLA accreditation is a recognised stamp of quality that tenants can use when choosing a property to rent.”
LittleNLarge.com recognises there is room for improvement, though - with the NLA also revealing that less than one fifth (19 per cent) of tenants know whether their existing landlord is an accredited member of the association.
“Responsible tenants who look after their buildings and contents should check to see whether their landlord is a) a member of the NLA and b) accredited by the organisation,” the insurance provider’s co-founders added.
“While one in five have taken the time to find out, it’s recommended that those who haven’t use the NLA’s online verification register. A combination of tailored residential property insurance and an accredited landlord means tenants will sleep easy for the remainder of their tenancy.”
LittleNLarge.com agrees with the NLA’s assertion that accreditation is mutually beneficial - while tenants know their landlord conforms to the required professional standard, landlords can use the status to market properties to prospective tenants.
“Because landlords striving for their accreditation have to attend classes and dedicate time to meetings, they’re able to prove the steps they’re taking to develop professionally. This is an investment that puts them way ahead of unaccredited landlords. Those who are accredited shouldn’t be shy about promoting their status to potential tenants,” the pair concluded.