Becoming a Landlord
What we will cover:
- Factors to consider before making a purchase
- Making sound financial judgements
- Calculating yields and returns
- Tax planning
- Marketing and finding tenants
- Letting Agents, services and choosing a quality company
- Viewings
- Referencing and right to rent requirements
- Setting up a tenancy
- Landlord responsibilities
- Property safety
Objectives
- Gain the underpinning knowledge required to start and grow a business successfully
- Ensure full awareness of tenancies, landlord legislation and responsibilities
- Understand the legal requirements for a landlord
Background
Designed for those considering becoming a landlord looking to find out more about the private rented sector, before making the commitment and investment you will explore the key areas you need to be prepared for when deciding to embark on your journey as a landlord. We look at what you need to consider prior to buying property, how to calculate your income and how to ensure you make a sound investment. You will gain vital knowledge on the legal requirements and regulations imposed on landlords and an understanding of how tenancies work.
This training course qualifies for 2 continuous professional development (CPD) points which can help towards or maintain your accreditation with the NRLA. If you are interested in becoming an accredited landlord with the NRLA, CPD points are necessary to achieve that status.
NRLA Accreditation recognises landlords who have agreed to maintain professional standards in the management and maintenance of their rented property and deal fairly and professionally with their tenants. Accredited members demonstrate their knowledge and understanding of their responsibilities and obligations and strive to maintain, increase and improve their knowledge of the market through training and development. CPD points are awarded for all activities which improve those attributes and are a requisite of membership of the NRLA Accreditation Scheme.
For more details visit the accreditation section on the website.
Suitable for
- Anyone considering entering the Private Rented Sector
- New landlords
- Accidental landlords