Today, with more than 170 pieces of landlord legislation in place, two well-known names in the world of property, Paul Shamplina and Kate Faulkner, have once again joined forces to co-write a new version of their book ‘The Landlord’s Friend’. Its aim is to help both novice and seasoned landlords navigate their way through the ever-changing Private Rented Sector (PRS) with an A-Z of legal advice and practical tips.
Paul Shamplina is a landlord and eviction specialist and is featured on Channel 5's 'Bad Tenants, Rogue Landlords', he's been helping landlords for over 25 years and is the Founder of Landlord Action. Kate Faulkner has written a number of property books for Which?, is considered one of the UK's leading Buy to Let experts and appears regularly in the media talking about the property market and key issues affecting investors.
With this book, the pair have pooled their extensive experience to help property investors successfully navigate the business of Buy to Let, from those just considering making an investment through to experienced landlords. The book has 50 chapters divided into three sections: 1. Preparing for successful letting: 2. Letting your property: 3. Running your portfolio the right way.
“It’s hard to believe that it was nearly five years ago that Kate and I first published ‘The Landlord’s Friend’, and today, landlords have never needed a friend more. The Buy-to-Let landscape has changed vastly during this time, particularly with the constant changes to tax and now Section 21, meaning small landlords are seriously having to think whether they want to stay in the sector.
However, I think it’s important to remind people that demand is still extremely strong, with the PRS making up 21% of our total housing sector and predicted to rise to 24% by 2021. All of these people need somewhere to live, and the government is under pressure to support a more professional sector which provides a safe environment for tenants. There is still very much a place for landlords who take their legal and moral responsibilities seriously, so we want to help landlords stay profitable while ensuring they do it the right way” says Paul Shamplina, founder of Landlord Action.
Kate Faulkner, Managing Director of Propertychecklists.co.uk, adds:
“Landlords are going through a tough time just now. Not only are they being hit by increased taxes, the changes in legislation to the Private Rented Sector are coming in thick and fast, with Local Authorities able to find landlords who make mistakes up to £30,000 for each breach. Meanwhile, tenants’ expectations of being delivered a beautiful home to live in rather than a temporary place to stay are increasing. The latest version of ‘The Landlord’s Friend’ helps to equip both new and existing landlords with the information they need to invest and run a buy to let property successfully.”
The 2019 Edition of ‘The Landlord’s Friend’ is available to buy on Amazon now.