Proposed Legislation is good news for landlords

“With many changes to legislation this year, it is more important than ever for landlords to make sure they are fully compliant. As many landlords will already be aware, as members of the Association of Residential Lettings Agents, Mackenzie Smith continue with the training they provide to ensure we provide the best possible service to landlords.

This week I gained crucial insights on all of the legislation coming into force this year, through a Rightmove webinar featuring The Head of ARLA Propertymark, David Cox. A new law expected to come into force should eliminate rogue agents, which is fantastic news for landlords, meaning they can depend a lot more on the letting agents available.  This new law requires all property personnel to take an exam in the activities they carry out. This will include things like offer taking, taking properties on to the market and even holding viewings.”

“The private renting of property will definitely become a smoother experience for landlords and tenants and these major changes to the Private Rented Sector will doubtlessly make the industry a better, more efficient place in which to operate.”

The proposed law will put us a similar position to solicitors and surveyors, who have needed to be qualified for many years. Currently to be a member of ARLA an initial examination is required, followed by a minimum of twelve hours of training each year to retain membership. 

“Even with over 25 years’ experience in the profession, I will still need to take another exam to prove my competency! In my opinion, this is absolutely worthwhile; proving to landlords and tenants that they can rely on my knowledge of current affairs and procedures.”

Landlords are welcome to visit or contact our Lettings Departments based in Farnborough and Fleet, or to contact Michael for advice on (01252) 514000.