Ashfield landlords can receive discounts on compulsory licensing fees by becoming accredited with an appropriate organisation, the National Landlords Association (NLA) has pointed out.
From 1st May 2017, Ashfield landlords will be required to license every property they let, or they could be subject to a £20,000 fine.
The licensing scheme, which is being introduced in Sutton-in-Ashfield and Stanton Hill, has been set up to tackle problems identified by the council as poor quality of rental properties, poorly behaved tenants and anti-social behaviour.
However, Ashfield landlords will receive a £100 discount when applying for their licenses if they are accredited with an appropriate body, such as the NLA or the Association of Residential Letting Agents.
The full cost of a license per property is £350 and is valid for five years.
To become accredited with the NLA, landlords can either attend a one-day course or complete the training online.
Benefits of NLA accreditation include:
- Access and discounts on NLA services
- A mark of quality, providing greater advertising potential
- Free advertising with local authorities and on the NLA’s National Register of Accredited Landlords
The CEO of the NLA, Richard Lambert, says: “With only one month to go, it’s important that landlords in the Ashfield area take advantage of these discounts before it’s too late.
“By becoming accredited, landlords will be able to make considerable savings when applying for the licenses, and learn and develop valuable skills and knowledge in the process.
“We believe that education and accreditation enable landlords to maintain a profitable and successful letting business and are vital to improving standards in property management.”
The NLA regularly holds foundation courses to assist new and experienced landlords in the lettings industry, providing the knowledge required to become accredited.
Ashfield landlords, it’s a good idea to take advantage of the discounts on offer by becoming accredited, which will also help you to manage your lettings business.