Latest News

Gas Safety Superheroes

19 September 2019

Propertymark advocates for only the highest standards in the property industry, and this week during Gas Safety Week, we want to highlight the impacts of not doing the proper checks on your properties. Read More...

Agencies expelled from TPO

19 September 2019

Shoreditch based estate agent Chase & Co UK Ltd, (trading as Chase & Co UK) and Isle of Dogs based estate agent, Property 24/7 have been expelled from The Property Ombudsman (TPO). Read More...

Landlord hit with over £500k fine after illegally converting property

18 September 2019

A London landlord has been hit with fine of over £500,000 after illegally dividing his property into eight small flats. Read More...

Scottish Letting Agent Registration figures released

Friday 01 March 2019

The Scottish Government have confirmed 367 agents have had their applications approved and have now been issued with a Letting Agent Registration Number (LARN). This is on a total of only 889 applications received to date.

There are currently another 100 applications in progress and the Scottish Government have requested these agents exhibit the relevant documentation which supports their application.

Over 50 applications have been received from agents who are operating without a client account and the Government are doing everything possible to make sure these agents will have one in place once the time period limit to process an application, the 2 October 2019, arrives.

So far 97 business who have not submitted a registration application have been investigated.  67 of those have been issued with compliance letters and 1 issued with a power to obtain a further information order.

Further action

The Scottish Government are encouraging sector engagement and further information on those that are suspected to be operating as an agent but haven’t applied for registration. Share your information with Daryl McIntosh or direct to the Government Dept. 

Helpful information

Members can download our unique Fact Sheet, that breaks down the legislation and what exactly agents and property managers must do. Log in and download the Fact Sheet.

As an extra help, the ‘Safe Guarding Your Money’ leaflet is available to purchase from our online shop, which you can distribute to your landlords and their tenants.

News article - Scottish letting agents must ensure that they have joined the Register of Letting Agents, or they’ll be breaking the law.