Following on from the discussion entitled “Raising Standards or Raising Funds” it appears that the majority of readers agree that additional and selective licensing and property based accreditation schemes run by local authorities are not necessarily the best route forward. However, there does need to be a simple way of differentiating better quality landlords/properties for tenants in my opinion.
If the sector can self-regulate as much as possible, it would be certainly better than any government intervention.
So what about a simple graded quality rating for rental properties?
Much like the star rating system in hotels, it would be an idea that tenants would easily understand.
When it became an industry standard, rental prices would reflect the rating of the property.
What do you think should be included in such a star rating though?
Comment s/thoughts welcome from both landlords, tenants and letting agents.