Simply Let director addresses Chartered Institute of Housing conference.
Our director Kathleen Gell, in her capacity as Convener of the Council of Letting Agents, is today addressing the Chartered Insitute of Housing at a conference in Edinburgh with the spotlight on the Private rented Sector.
Kathleen will be talking about what a statutory code of practice for letting agents in Scotland might look like.
The Scottish Goverment has declared its intention to regulate letting agents and, as things stand at the moment, regulation is likely to consist of a requirement for all agents to register and to abide by a code of practice.
The key to the effectiveness of agent regulation will therefore lie in the code of practice. Simply Let's view is clear; Anyone who plays any part in the provision and management of a tenant's home and who is entrusted to look after a landlord's possibly most valuable asset must be properly qualified, business-like and trustworthy. They should also in our view carry appropriate insurance, have client money protection and offer those who are dissatisfied with their service recourse to an ombudsman scheme. The code of practice needs therefore to ensure all of those things.
Not all in the agent community agree, and there are those who would prefer a less demanding code. Our view is that if it's less demanding it will fail to ensure the high standards of management necessary to achieve the strong and highly professional private rented sector necessary to ensure reliability when renting and necessary also to attract badly needed investment.
The Housing Bill under which the code will be introduced is currently going through the Committee stages at Holyrood.