Forth Residential recently joined the Council of Letting Agents to keep up to date with industry news and changes in legislation. The CLA represents Scotland’s leading letting agents. It is the largest professional association of it’s kind and is at the head of the lettings industry in Scotland. All members of the Council of Letting Agents agree to abide by a code of conduct which focuses on commitments to high levels of professionalism and service.
The CLA are part of the Scottish Association of Landlords and one of the benefits of membership is that we attend regular training events on all areas of residential letting in Scotland.
Most recently the CLA were involved in lobbying the Scottish Government over implementation of the Private Housing (Tenancies) (Scotland) Bill 2015. There are many changes coming for both landlords and agents, the majority of which will hopefully be positive. A new model tenancy agreement will be introduced, tenants will be given greater security and all letting agents will be regulated by the Scottish Government. Part of this will be the requirement for agents to hold a qualification and attend regular training.
At the moment the legal paperwork issued as part of a Short Assured Tenancy can be confusing. We issue four separate forms including the Scottish government tenant information pack(!) A standardised agreement will hopefully streamline this process and make things simpler for landlords, tenants and agents.
One of the more worrying changes for landlords and agents is that landlords will no longer be able to set an initial fixed term for tenancy agreements. The lease end date will be dictated by the tenant unless the landlord chooses to end the lease under a series of set grounds (which include selling or refurbishing a property).
We receive regular updates through the Council of Letting Agents and Landlord Accreditation Scotland so will bring you more on these changes as and when we have them.