2 London Landlord Accreditation Scheme Meurig LloydLondon Landlord Accreditation Scheme
3 What Is Accreditation? Voluntary compliance with standards Acknowledges and encourages good landlordsGives market advantage
4 What is the London Landlord Accreditation Scheme? PartnershipAccredits LandlordRecognition for Good landlordsNot a standard setter
5 What is the London Landlord Accreditation Scheme? Helping you get it right
6 Aim operate a successful business. Provide landlords with the information and skills to :-.operate a successful business.provide tenants with safe, high quality accommodation.reduce the need for Council intervention.State that scheme is:-- aimed at good landlords and not intended to be of interest to poor landlords- but will allow interested landlords to receive effective support and allow LAs to concentrate on poorer performing L/Ls.
7 The tenant abandons the property? Only 2 legal solutions…. What Can I Do If………………The tenant abandons the property?Only 2 legal solutions….
8 What Can I Do If……………?The tenant changes the locks to the house and refuses to give me a key?Contractual
9 Housing ActWhat happens if I fail to licence my property under the new Act?Fine plus………………
10 IT’S TOO LATE!!!!!!! What Can I Do If……………? If tenant turns out to be a tenant from hell?IT’S TOO LATE!!!!!!!
11 Background to Scheme Launched July 2004 Partnership Working London BoroughsLandlord organisations NLA, NFRLUniversity Accommodation UnitsNHS Accommodation teamsPLUSAdvisory group of landlords
12 Three Elements of LLASKnowledge & SkillsCode of ConductFit & proper Person
13 What’s in It for Landlords? Up to date knowledgeComprehensive reference manualBusiness advantagePreferential treatment by University & NHS Accommodation Units
14 What’s in It for Landlords? GrantsIndividual LA policiesLLAS grantsFinancial incentivesDiscounted HMO licensing FeesDiscounted insuranceDiscounted goodsAccess to guaranteed lettings
15 What’s in It for Councils? Better quality private sectorTargeted enforcementImproved relationshipsBetter joint working with LAsLower churn rate
16 Who Can Be Accredited? Limited Companies Partnerships Sole TradersLimited CompaniesPartnershipsProspective landlordsCurrently investigating the accreditation of Agents
17 Once Accredited…..That’s It? 5 YearsAccreditation removed if :-Made false statementBreach Code of ConductProsecuted
18 Once Accredited What Do I Need to Do? Keep up to date with changes affecting rental marketBe member of landlords organisationAttend additional LLAS development coursesAttend London Landlords day seminarsUndertake additional training