New statutory code of practice for letting agents comes into force today!

letting agent register site

From today (31 January 2018) all letting agents operating in Scotland must comply with  the Statutory Code of Practice for Letting Agents.

Agents also have until 1 October 2018 to apply to register with the Scottish Letting Agent Register, if they want to avoid facing significant financial penalties.

Full details of the requirements and regulation are available from www.mygov.scot

Launching the code Housing minister Kevin Stewart said:

“We are committed to ensuring the highest quality private rented sector, which empowers tenants.

“These reforms, and the need for the sector to meet key standards and expectations, are an important step in achieving our ambitions.

“Many letting agents already do a great deal to improve standards and inspire confidence amongst landlords and tenants.

“The introduction of the code means a level playing field for all and ensures clarity on rights, responsibilities and expectations.”

The code of practice can be downloaded and read in full at: Letting Code

This entry was posted in Blog, licensing, Politics, Regulation, scotland and tagged . Bookmark the permalink.

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