A growing number of buy-to-let landlords are adopting a more professional approach to their lettings business, as reflected by the fact that the Residential Landlords Association (RLA) has grown its membership by 10,000 in the past 18 months to hit the 20,000 mark.
Formed almost 20 years ago by landlords for landlords, the not-for-profit association has become one of the largest landlord trade associations in Britain, representing landlords with a total property portfolio of more than 340,000 homes.
Answering 40,000 helpline calls in the last year, training over 4,000 landlords and providing more than 297,000 documents, the association is also lobbying in the corridors of Westminster, attending more than 100 parliamentary meetings to campaign on behalf of members.
RLA chairman Alan Ward commented: “This is a massive achievement for the RLA – and something we could only dream of when the association was first established almost 20 years ago.
“The private rented sector is a challenging landscape to negotiate, with tax changes and ever-changing regulation meaning that now, more than ever, landlords need someone they can trust to help them navigate their way through.
“In the last 18 months alone 10,000 landlords have turned to us to do just that, with membership going from strength to strength.
“We would like to say a huge thank you to our members and assure them we will continue to fight on their behalf to make renting safe, legal and secure for everyone.”