Central body would 'bring regulations together'
News Category: Industry News
Published: 03-Sep-2008
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A central regulator for residential lettings could be of benefit to landlords, according to the Association of Residential Lettings Agents (Arla).
In its Housing: Encouraging Responsible Letting report, the Law Commission lays down proposals for a central regulator to oversee all landlord associations.
Malcolm Harrison, spokesperson for Arla, suggests that such a body, which would create a landlord code of housing management practice, would be good for the industry.
He said: "There are a lot of good regulations, but because they have come out intermittently it's possible, particularly for a private landlord rather than an agent, to forget about them.
"If everything is drawn together you have a straight forward checklist."
The Law Commission report also includes proposals for a landlord accreditation scheme to be in use in every local authority.
According to a survey by the Royal Institution of Chartered Surveyors, 43 per cent of surveyors have reported an increase in the number of instructions to let.
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