Jun/090
National Register of Landlords to Help Lettings Market
Landlords are being asked to pay a small fee to help bring in the National Register Of Landlords. This proposed scheme is set to help protect both landlords and tenants by regulating the letting agencies.
The new scheme will not be intrusive or heavy handed but handled well in a bid to expose rogue traders. Far too many times good landlords have been given a bad name because tenants have been duped by money greedy ‘landlords’ and vice versa. This register is set to protect those that are vulnerable and rid the private sector of rogue landlords and tenants.
It will be cost efficient and easy to use and the government are backing the scheme saying that they wish for the tenancies to be in written form; that the short-hold tenancy threshold needs to be increased; that there needs to be more of an understanding of the sector by landlords and more protection for tenants whose landlords default on the mortgage, amongst other things.
The scheme can only bring a more positive attitude to the private sector.
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