Regulation Ahead for Agents in Scotland

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Following the launch of the new Private Residential Tenancy regime last month, which replaces the previous tenancy system and ends “no-fault” repossessions, more changes are ahead for the Scottish PRS this year, focusing on the regulation of letting agents.

From early 2018 the Scottish Government will commence the regulation of letting agents by bringing into force:

Going forward, the Scottish Government is also looking at amending the repairing standards to bring it closer to the standard required in social rented housing, as well as introducing a minimum standard for energy efficiency in the PRS. These plans were recently consulted on and you can read more about that consultation here.

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