FREE tenancy agreement
FREE landlord softwareThe merger originally meant to go through in July 08 hit the buffers when several prominent members of the NFRL including the President challenged the way that the merger was conducted.
On Thursday May 21st, Judge Pelling QC, dismissed the legal challenge to the merger and ordered that those who brought the action covered the NLA's costs.
Commenting on the High Court ruling, David Salusbury, chairman of the NLA, said: "It is a relief that this episode is now over.
"The NLA remains wholeheartedly committed to the concept of a unified voice for landlords and we never believed that costly litigation would be in the best interests of members or of the private-rented sector," he added.
Despite the merger the combined organisation still only has 14,000 members which is less than half the usership of Property Hawk with nearly 35,000 individual landlords and property investors.
Free property management software, Free tenancy agreements
Posts
4 comments:
Thank God. The merger business is all finished. I always knew that the High Court would throw out the challenge. Now we all have to wait for the judgment to come out...should be worth a read.
And Ed. you are being a little disingenuous. Although I like Property Hawk, the NLA has 16,000 PAID UP members. That's people parting with money to be members. Property Hawk is free!
Thanks Joe for your comments. One suspects that you may have a teeny weeny bit of an association with the NLA given that their own website only seems to think they have 14,000 paid up members. Out of interest you can read the full transcript of the case on Mike Stimpson's website: http://nfrl4us.org/category/updates-breaking-news/
Cheers, Ed. But I'm not even a member of the NLA. I was waiting to see about the High Court case.
I was in the NFRL though. And I know some people who know some people who know some people who know that the NLA now has 16k members on their books. not bad growth I'd say.
For the record, when I get a mo I will join the NLA. Special deal for us old NFRL members at the moment. Having looked at the nfrl4us site, what are they up to? It looks a bit daft to openly question a judge's ability to judge! I aint no lawyer though, before you accuse me, Ed.
PS: that link isn't the full transcript of the case!!!!!! Apparently the judgment is still not out.
Post a Comment