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RLA urges Government to pass Reform Bill to regulate Letting Agents

RLA
Written by RLA

The RLA has signed a letter to the Government, urging for the to vote in favour of the Enterprise and Regulatory Reform Bill, following amendments in the House of Lords…

The RLA has signed a letter to the Government, urging for a vote in favour of the Enterprise and Regulatory Reform Bill, following amendments in the House of Lords.

The Enterprise and Regulatory Reform Bill will bring letting and managing agents under similar legislative regulations to estate agents.

The RLA is joined in its support of the Bill by Which?, Shelter, the Royal Institute of Chartered Surveyors, the Association of Residential Letting Agents, the Property Ombudsman, and the Ombudsman Services.

The Reform Bill comes in light of growing demand from landlords who have called for greater protection from rogue agents and an improvement to property management.

The letter concludes, “The fact that tenants, landlords and industry all agree on the need for this reform speaks volumes. This new clause also has cross party support from all sides. We hope that a suitable compromise can be found on a measure which would improve the market for letting agents, landlords and tenants alike.”

The Bill returns to the House of Commons on Tuesday 16th April whereby MPs are expected to make a decision.

Further Information

Read the letter to Ministers supporting the Enterprise and Regulatory Reform Bill

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.

4 Comments

  • since when has regulating anything stopped the rogue element? the Manchester selective licensing of landlords cost each landlord over £500 per property and yet was widely ignored and certainly so by the “rogue” element. Licensing and regulating Letting Agents will cost each landlord more and only add to the profits of the insurance industry and the legal profession. Landlords – get a personal recommendation before using a letting agent or only use big high street names. Regulation is rarely the answer!

    • Hi Finbar,

      You are right on many counts. However, there are over 100 pieces of regulation governing landlords, and authorities already have the power to get tough with the criminal landlords – if they so wish. Sadly, not enough authorities undertake effective enforcement. In comparison, letting agents are completely unregulated meaning even greater freedom for criminals to operate in this field.

      Best wishes,

      RLA

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