|That’s a lot of people!|
Almost 9m households in England’s private rented & leasehold sectors will receive stronger protection from unfair rogue letting and managing agents thanks to new government proposals.
With thousands of & and leaseholders suffering at the hands of rogue agents every day from unexpected costs, deliberately vague & or poor quality repairs, a new mandatory code of practice is proposed to stop managing & letting agents from flouting the law.
To further professionalise both sectors, letting & managing agents will be required to obtain a nationally recognised qualification to practice, with at least 1 person in every organisation required to have a higher qualification.A new independent regulator responsible for working practices of agents will be given strong powers of enforcement for those who break the rules – and agents who fail to comply will not be permitted to trade. Criminal sanctions could also be brought in for those who severely breach the code.
MHCLG: New crackdown on rogue agents to protect renters & leasehold homeowners ~ MHCLG: New boost to rogue landlord crackdown ~ Government action to & letting agent fees ~ Crackdown on unfair managing agents