Scotland Regional Meetings

Aberdeen | North East

No Dates Available

Sorry there are no events or meetings available, to talk to us about availability please contact us on: 01926 417 792

Glasgow | West | Dumfries

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Inverness | Highlands | Islands | Argyll

No Dates Available

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Edinburgh | Fife | Central | Borders

14c Scotland - Edinburgh, Fife, Central Scotland and Scottish Borders
Tanya Richards

Representative: Tanya Richards
Company: Propertymark
Branch: Propertymark

No Dates Available

Sorry there are no events or meetings available, to talk to us about availability please contact us on: 01926 417 792

Kathleen

January 2019

2018 has been a tumultuous year for Scotland’s private rented sector as agents continued to adapt to the changes introduced with the new Scottish Private Residential Tenancy. Removing the requirement for minimum tenancy terms, most agents I’ve spoken to have experienced the nightmare scenario of tenants barely staying a matter of weeks before submitting their 28 days’ notice to terminate.

Incredibly frustrating for landlords and agents, considering the work and expense incurred securing tenants in the first place. Fortunately, however these examples are the exception rather than the norm. My own firm has noticed only a slight decrease in average tenancy lengths since the introduction of the new tenancy but continues to monitor the situation carefully.

So if a completely new tenancy regime wasn’t enough for Scottish agents to contend with, there was the small matter of the compulsory Letting Agent Register and compliance with the Letting Agent Code of Practice.

The deadline for applications to the register passed on 31 October 2018 and based on the Scottish Government’s own estimates there would appear to be up to 1,000 agents yet to submit their applications. If continuing to trade, these agents are in effect doing so illegally. The last information I had was that only up to 150 agents had had their applications approved thus far and been provided with the LARN number. As an agent who invested heavily in staff training and time to ensure we met the requirements to get on the register, I find it frustrating that there are still so many agents flouting the regulations.

While the Scottish Government is encouraging all to report any suspected offenders to them, there appears to be a considerable lack of government resources available to allow any meaningful action to be taken. They appear to be struggling to be able to process the applications received in a reasonable timescale, nevermind go hunting for offenders.

There also continues to be a lack of general awareness of the register in the wider public and this is something that ARLA Propertymark in Scotland encouraged the Scottish Government to address during our last meeting with them in November. They confirmed they had spoken to a number of the property portals, one of which had agreed not to list properties from agents who were not registered. Dialogue is continuing with the others.

Looking at market conditions, it remains to be a generally positive picture with a noticeable uptick in the Glasgow market where rental growth spiked sharply. Four-bed properties recorded the largest rise across the country as a whole for the third consecutive quarter, seemingly underlining the strong demand for family accommodation.

Adrian Sangster
ARLA Propertymark Regional Representative
adriansangster@arla-reps.co.uk

Regional Meetings are Free for Members

Meetings are open to everyone however booking is essential as spaces are limited. For non-members it's £15.00 +VAT to attend.

South West

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We host a series of conferences throughout the UK. Keep up with legislative changes, take part in expert led workshops and network with like-minded professionals. Find out if there's a conference happening in your area.

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