Interested? Book a Call

5 Reasons A Landlord should have a Power of Attorney

5 Reasons A Landlord should have a Power of Attorney

1. They’re Simple to Set Up

You can do them yourself on Gov.uk for under £90.

2. Protect Your Assets

If you were unable to sign or talk what would happen when you need a new mortgage or sell a property?

3. Protect your Tenants

Tenants regularly need updated agreements. Make sure someone else can step in if you’re unable.

4. Peace of Mind

The last thing you want to be thinking about is work when you’re trying to recover.

5. They’re easy to update

You can add backups and new executors whenever you like.

 

Was This Useful?

Be sure to save this post so you can come back to it later!

Please contact us on hello@legacyguardians.co or any of the details below to find out more about how we can help you to get that all-important financial peace of mind.

Originally shared on Social Media find us by searching for @legacyguardiansco

Legacy Planning can be complicated… time to stop researching and start doing!

Vikki Baptie

NRLA Accredited Landlord and IPW Professional Will Writer

I’m Vikki, the founder of Legacy Guardians. I hope this article was helpful, but I can probably guess that it’s about time that you stopped researching and got on with getting everything in order.

I know how it can be hard juggling everything with 15 properties, 3 kids, 1 dog, 1 Property Business and another couple of trading businesses things like succession and legacy planning usually go on the backburner. (thank goodness for my business & life partner Shaun!)

Take back your time, and gain that all important financial peace of mind by working through my Landlord Legacy Framework.