Latest News

More tenants than ever seek housing as rental stock dwindles

25 February 2020

ARLA Propertymark’s Private Rented Sector (PRS) report shows that the demand for rental accommodation has reached a record high in January, with an average of 88 prospective tenants registered per member branch. Read More...

No change to Right to Rent despite new UK points-based system

21 February 2020

The UK Government has announced that from 1 January 2021, free movement will end, and they will introduce the UK’s Points-Based System but they are still no closer to confirming plans for the future of Right to Rent checks after Britain leaves the EU. Read More...

Custodial or Insured, which scheme comes out on top?

17 February 2020

Propertymark Industry Supplier, Tenancy Deposit Scheme (TDS) reveal the most popular type of tenancy deposit protection scheme. Read More...

£16 million funding to go to survivors of domestic violence

17 February 2020

Housing Secretary Robert Jenrick confirmed that 75 councils across England will benefit from funding to help boost their domestic abuse refuge services. Read More...

Christopher Pincher is tenth Housing Minister in a decade

14 February 2020

Christopher Pincher MP has been appointed Housing Minister in the cabinet reshuffle replacing Esther McVey. Mr Pincher is the MP for Tamworth and was previously the Minister of State for Europe and the Americas. Read More...

Scottish agency reaping benefits of regulation

Monday 10 February 2020

ARLA Propertymark regulates members which demonstrate their dedication to professionalism and development. Clan Gordon, a Scottish letting agent who abides by these standards as a Propertymark Protected member, says it is growing on the back of regulation as many landlords turn to more credible agents.

Edinburgh-based agency Clan Gordon says it has seen its managed properties exceed 500 in and around the capital, the first time ever after adding 152 properties last year to its portfolio.

Scotland has been the first to introduce:

  • Tenant fees ban
  • limited rent controls
  • Letting Agent Code of Practice
  • proposed controls on Airbnb
  • compulsory landlord registration
  • proposals to widen the scope of Houses in Multiple Occupation (HMO) regulations

Faced by the ongoing change in regulation, Clan Gordon says this is forcing more landlords to either seek experienced agents or exit the market.

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It’s nothing less than a pivotal time for the sector – and with the approach Clan Gordon has taken, we can only see our market share continue to expand.

While some landlords and agents may look to maximise short-term gain, a healthy relationship with the tenants, which we strive for at Clan Gordon, can produce a far better outcome for all parties. It creates fewer issues, cuts unnecessary turnover and typically results in a greater long-term financial return for the landlord.

Jonathan Gordon, Co-founder of Clan Gordon told The Scotsman

ARLA PROPERTYMARK MEMBERSHIP

Our members operate to professional standards far higher than the law demands and we campaign for greater regulation in this growing and increasingly important sector of the property market. By using an ARLA Propertymark Protected agent, consumers have the peace of mind their agent will provide a professional service and their money is safeguarded by Propertymark’s Client Money Protection scheme.

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CLIENT MONEY PROTECTION

Client Money Protection (CMP) is a scheme that reimburses landlords and tenants should an agent misappropriate their rent, deposit or other client funds. It has long been a requirement for ARLA Propertymark members to have CMP and is now mandatory for all letting agents.

A detailed and comprehensive CMP Fact Sheet can be accessed in the Member’s Area. A Client Money Protection (CMP) leaflet can be downloaded to send to your clients and hard copies are available from our online shop too.

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REDRESS SCHEMES

Failure to be a member of a redress scheme, when legally required to do so, could result in a penalty notice being issued against the business. The two approved redress schemes are: