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Legal Insurance For Landlords

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Legal Insurance For Landlords

All PDPLA members are also members of the RLA and therefore benefit from the tax protection insurance that they have in place for all members.

However, if you operate as a limited company, you need to check that you are covered.

We received the following statement from the RLA:

"all RLA memberships, both Ordinary and Corporate, are issued in the name of individual members.  Associates can be added to the account but again these will be named individuals.  You are able to add one corporate entity to the membership to facilitate the protection of deposits where that company is the property owner.  However, we do not issue memberships in company names as it is individuals who have access to our services.

Consequently, the tax protection insurance applies to the main member only and cannot be extended to cover the company within the RLA free offer.  If you are interested in tax protection for the company you will need to discuss this with our insurance provider Rent Guard.  I am sure you will be able to secure a discount on the cost if the cover is arranged in conjunction with your RLA membership."

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About the author

Martin Silman

Martin began his landlord journey 30 years ago, while working in an international role for a global telecommunications company. Since retiring he has extended his portfolio, which he manages with his wife, but has always focussed on the ‘small student HMO’ sector preferring to offer homes in the community for small groups to the more common ‘pack them in and take the money’ mentality. He has chaired the PDPLA for the past 12 years and has overseen the Associations transition from small local self-help group to a much larger and more professional institution which is recognised and listened to nationally. Alongside his PDPLA role, he also has leadership roles in a number of other local organisations – bringing his unique perspective, driving for change and increased use of technology while respecting the history that brought us here.

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