Fair Rents (Scotland) Bill or Artificial state manipulation of free market rent?10:34 AM, 6th November 2020
About 3 weeks ago 36
Scotland’s newly formed Council of Letting Agents (CLA) steering group met for the first time yesterday.
The members of the group have been selected to represent Scottish Association of Landlords (SAL) letting agent members’ views. These members are tasked with working up the plans for this new letting agent division of the Scottish Association of Landlords.
A senior Scottish Government representative accepted our invitation to attend and he warmly welcomed the CLA as the new letting agent body for the Scottish Private Rented Sector (PRS). It was confirmed that it is the intention of the Scottish Government to regulate the letting agent industry in Scotland going forward. Letting agent regulation has been called for by SAL for some time.
The steering group heard first hand about the likely shape of plans for this regulation which follows approximately two years of consultation on various levels.
The intention is to propose via a new Housing Bill to be put before the Scottish Parliament that letting agents are regulated using a system which will emulate the way the Property Factors Act works. The likelihood is that this will include:
• Registration of all letting agents in Scotland
• Code of practice which will ensure consistency of good standards across the industry
• Opportunity for redress where these standards are not being met – this would be through a Housing tribunal.
As with the procedure for all new Scots legislation, the process involves several stages in the Scottish Parliament. Therefore at this point in time, nobody can predict for certain the details of the future Bill and likely resultant Housing Act.
We’ll continue to keep all SAL members posted. The CLA will represent our members agents as the details of the planned regulations are drafted.
SAL will also continue as ever to represent landlords via our place on the regulations working group. Please keep us posted with your views.
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