The NRLA is expanding beyond its traditional landlord base by offering a new service to build-to-rent operators, investors and funders.

The landlord body has teamed up with real estate advisor Bidwells to launch NRLA Living which aims to better support large portfolio landlords, BTR operators, investors, funders and associated professional services companies who want ways to stay compliant with regulations or to optimise operations.

Chief executive Ben Beadle says while traditional private landlords are pivotal to the future of the PRS and central to the NRLA’s mission, it recognises the need to diversity its offer to meet demand.

He adds: “The launch of NRLA Living to support portfolio landlords and institutional investors with NRLA’s sector leading advice, compliance support, market intelligence and a voice that champions responsible landlords of all kinds, comes at a critical moment for the PRS - and at a time when government most needs landlords to have confidence, to help them solve the housing challenges now and in the future.”

An NRLA spokesman tells LandlordZONE: “The NRLA aims to work with any landlord to whom we believe we can provide value. Within our membership this includes landlords with moderate or large portfolios who enjoy our current benefits but may appreciate additional services and support not appropriate to traditional smaller scale landlords. Some others – probably the majority - will be funds and operators in the operational living sector, outside of our existing membership, who would benefit from support in managing and expanding their businesses.”‍

Merger

The NRLA was set up in April 2020 in a merger between the National Landlords Association and the Residential Landlords Association and it reports that membership continues to grow steadily, now standing at 114,000.

Although largely supported by members, it has come in for criticism on online forums of late, particularly over its perceived failure to secure robust alternatives before Section 21 was abolished during the passage of the Renters’ Rights Bill and not doing enough to stand up to the government’s push for licensing schemes.

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