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House of Commons Library: Regulation of the private sector letting and managing agents (England)

RLA
Written by RLA

The House of Commons library has published a ‘standard note’ on the role of regulation for letting and managing agents in the English private rented sector. Currently there are no mandatory requirements for letting and managing agents to comply with. However, a ‘redress’ scheme has been implemented paving the way to require agents and managers to belong to a scheme…

The House of Commons library has published a ‘standard note’ on the role of regulation for letting and managing agents in the English private rented sector. Currently there are no mandatory requirements for letting and managing agents to comply with. However, a ‘redress’ scheme has been implemented paving the way to require agents and managers to belong to a scheme.

The document, titled: The regulation of private sector letting and managing agents, looks at what it takes to implement a regulatory framework for letting and managing agents with similar requirements to private landlords.

The RLA has argued for letting and managing agents to be part of accreditation and regulatory schemes for some time. However, the RLA acknowledges – as does the House of Commons document – that a lot of letting and managing agents voluntarily sign up to conditions which will help improve conditions and best practice standards within the sector.

The House of Commons Library has published various other documents that relate to the private rented sector that is of worth for anyone vested in the market:

For more information check out the RLA News Hub articles on House of Commons notes and visit the House of Commons Library webpage on letting and managing agents.

Further Information

 

About the author

RLA

RLA

The Residential Landlords Association (RLA) represents the interests of landlords in the private rented sector (PRS) across England and Wales. With over 23,000 subscribing members, and an additional 16,000 registered guests who engage regularly with the association, we are the leading voice of private landlords. Combined, they manage almost half a million properties.

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