Latest News

COVID-19, arrears and your lettings business

02 July 2020

Propertymark Industry Supplier, PayProp looks at the impact of COVID-19 and how agents can best cope with unforeseen challenges when it comes to lost income, managing arrears, and avoiding evictions. Read More...

ARLA Propertymark members manage almost half of England’s private rented sector

01 July 2020

The number of private rented homes in England currently sit at 4.8 million, according to the latest English Housing Survey published by the Ministry for Housing, Communities and Local Government (MHCLG), and as of May 2020, ARLA Propertymark members manage 47 per cent of those properties. Read More...

Prime Minister promises “Project Speed” will increase home building

01 July 2020

Boris Johnson announced today, 30 June, an ambitious £5bn plan to boost the UK economy with a focus on infrastructure development. The funding will be used for building homes, public services, and transport links, and adds substance to his “build, build, build” pledge to change planning laws to prevent delays in large-scale building projects and deliver greener and faster homes. Read More...

Scottish Letting Agent Registration figures update

Tuesday 12 November 2019

The number of letting agents in Scotland who are now operating with a Letting Agent Registration Number (LARN) stands at 837 from 977 applications received by the Scottish Government.

There have been 30 LARN’s withdrawn already, those relate to agents who are no longer operating. There are still 110 applications outstanding and these are still being processed by the Scottish Government. The delay with the majority of these applications is primarily due to issues with the agents meeting client money requirements.

ARLA Propertymark continues to emphasise to the Scottish Government the importance that all agents must be operating with a client account and a client money protection policy and those not are in breach of the Letting Agent Code of Practice.

The Scottish Government has issued assurances they are working with those currently not complying with the regulations and the Scottish Ministers do not intend to approve any agents to the letting agent register who are handling client money but do not have a client bank account or client money protection insurance in place.

Continued monitoring

On a more positive note, there have been 124 compliance letters issued to agents suspected of carrying out letting agency work in Scotland and have not submitted an application to the register and the Scottish Government will continue their investigations into these non-compliant agencies.  

Compliance will be the focal point of the Scottish Government once the outstanding applications have been dealt with compliance visits to registered agents as well as remaining focused on those who continue to try and operate out with the scope of the regulations.

ARLA Propertymark protected agents can guarantee all landlords and tenants the obligations for dedicated client accounts and client money protection policy are in place, ensure, as an agent you are sending this message.

Informing

Details of agents who are suspected not to have applied for registration are still welcomed and these can be emailed to Daryl McIntosh, Propertymark Strategic Development Manager for Scotland and Northern Ireland or direct to the Scottish Government registration team

Propertymark resources

ARLA Propertymark Members can download our fact sheets on The Letting Agent Code of Practice (Scotland) Regulations 2016 – Communications and The Letting Agent Registration (Scotland) Regulations 2016 which break down the legislation and explain exactly what agents and property managers must do. Log in and download the fact sheets.

Letting Agent Registration and Training Requirements

If you are a letting agent working or managing property in Scotland, you need to meet the minimum training standards and join the Scottish Letting Agent Register in order to legally trade. Find out more.

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