News In Focus
Letting agents' new code in force today
A statutory code of practice for letting agents has come into force today, as applications open to join the new Scottish Letting Agent Register
All those currently carrying out letting agency work (as defined by s 61 of the Housing (Scotland) Act 2014) must have applied to join the register by 1 October 2018. Certain individuals in agencies must also meet a minimum level of training for the agencies to remain on the register and to continue operating as letting agents.
Landlords and tenants can use the code to challenge poor practice and, if necessary, enforce it through the new First-tier Tribunal for Scotland (Housing & Property Chamber).
The code also sets out standards that must be met in how letting agents deliver services. It includes specific requirements on how clients’ money should be handled.
Housing Minister Kevin Stewart said: "We are committed to ensuring the highest quality private rented sector, which empowers tenants. These reforms, and the need for the sector to meet key standards and expectations, are an important step in achieving our ambitions.
"Many letting agents already do a great deal to improve standards and inspire confidence amongst landlords and tenants. The introduction of the code means a level playing field for all and ensures clarity on rights, responsibilities and expectations."
Click here to access the code of practice.
Click here for details of the new requirements and how to apply to register.