The latest dose of landlord advice has come from the National Landlords Association (NLA) chairman David Salusbury.

According to the landlord services group representative, those who rent out their properties need to ensure they assess their portfolios and analyse how they can make rents more competitive.

Doing this is particularly important when the marketplace is as tough as it is now, Mr Salusbury explained to UK Landlord, referring to the credit crisis that has affected the UK property sector - and other markets such as the US and Dubai - in the last 12 months.

Private landlords also need to focus on their individual tenants and the other facilities they provide, he added.

"They should do what prudent business people do and review their lettings with a view to maintaining their competitive edge,"the NLA chairman continued.

On a positive note, Mr Salusbury suggested that landlords with a number of properties, who have funding streams in place, could find the recent slump in house prices means they are able to add to portfolios.
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