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Landlord Insider

On the Landlord Insider blog, you’ll find some excellent resources for landlords of all sizes. From the latest landlord news, to professional advice, tips and guides for landlords, there’s something for everyone. Brought to you by the excellent team behind the Landlord Vision property management software.

Mary Latham

Mary has been a self-managing landlord since 1972 and until July 2018 she was the West Midlands Regional Representative for the NLA. Over the years Mary has been consulted by government, local authorities and other groups within the housing industry and is well known for her in-depth knowledge of legislation and regulation. She continues to run regular landlord accreditation seminars on behalf of local authorities. Mary regularly contributes to the Landlord Vision newsletter and blog providing our readers with valuable, down to earth and realistic insights into the key issues that keep landlords awake at night.

Learn From My Mistakes – Buying Leasehold Flats

14740642 - residential buildings by limehouse basin in east london

I have probably made more mistakes than most landlords over the last 49 years, not least because back in the day there was no internet, landlord associations (that I was aware of) or property investor magazines. It occurred to me that admitting my mistakes will give other property investors the information that they need to avoid making the same ones. I am going to begin with Leasehold flats, which is timely because there is a bill in Parliament to update the Leasehold Reform Act – not before time and it doesn’t go far enough, as I will explain.

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When Getting the Law Wrong Can Cost Landlords Thousands

a small statute next to a gavel

In my experience, most landlords who get things wrong do so because they didn’t know that they were doing the wrong thing. Arguably, a person shouldn’t go into a business as important as providing homes without understanding the legislation and regulation involved, but many of us got into the business in the days when it was more straightforward and covered by less legislation and regulation. Unfortunately, I speak to landlords all the time who tell me “I honestly didn’t realise…”. This month I am going to share some examples of the costs involved for landlords and agents who made big mistakes.

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