ARLA Regulation

December 5th 2013
By: Melanie Hollidge
ARLA Regulation

ARLA is the Association of Residential Lettings Agents – all the members have to follow a very strict code of conduct and are qualified professionals.
More people are living in private rented accommodation than in social housing for the first time since the 1960s.  There has been a 17.4% rise since 1999, so it’s important that regulation is introduced as it will benefit those renting and get rid of rogue landlords.
Goodfellows have ARLA qualified staff in each lettings branch to help you and guide you with all aspects of the lettings legislation.
ARLA is asking George Osborne to include mandatory regulation for landlords in his Autumn Statement.
ARLA’s MD, Ian Potter, has said “we fully supported the Government in the introduction of the Enterprise and Regulatory Reform Act 2013, which included a requirement that all letting and property management agents in England should be members of a redress scheme.

“This was a crucial step towards better regulation in the sector, but is not a silver bullet.  We believe that full mandatory government regulation of sales and letting agents is the quickest and most effective method to eliminate unprofessional, unqualified and unethical agents from the rental market.

This action is more important than ever before as growing numbers of people now rely on the private rented sector for their accommodation.”

Potter added: “The Government must also act to encourage landlords to make improvements to existing properties.  A suspension of VAT on the purchases of material and labour for capital expenditure or capital allowances for home improvement work could be useful incentives to help upgrade rented housing stock around the UK.”