Dundee Letting Agent, The law in Scotland is quite complicated for those who want to let out their properties. But there are many companies in the UK that are able to offer the service. These firms are known as letting agents and they have a number of different services they can provide. One of these is security for both the tenant and the landlord. Another is fees that they charge the tenant. There are also Codes of Practice that they have to follow.
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If you are a letting agent in Scotland you are bound to be aware of the Letting Agent Code of Practice (Scotland). Whether you are running a lettings business or simply renting a property out you have a legal duty to be compliant with the code.
The code of practice, or Code, is a set of regulations that sets out the minimum standards for letting agencies to adhere to. Dundee Letting Agent, It covers a variety of topics, including the use of technology. Dealing with clients, the handling of money, and how the process of ending a tenancy should be handled.
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You’ll also want to make sure you comply with the code of ethics. Taking care of your clients should be a top priority, and you’ll need to be clear about your own ethical guidelines.
One way to be sure you are up to speed is to take a LETWELL training course. This is a comprehensive and highly informative course that provides practical and relevant knowledge. As well as the CIH Level 3 certificate, you’ll receive a host of other benefits, including a chance to meet your tutors and learn how to work collaboratively through virtual sessions.
Code of practice
The Letting Agent Code of Practice is an important part of the Housing (Scotland) Act 2014. The Code establishes the fairness of letting agents and the transparency of landlords and tenants.
It sets out standards for letting agents and aims to build a more professional private rented sector. Landlords and tenants can expect a high standard of service and the playing field will be leveled.
If the agent fails to comply with the code, the tenant can take their case to a tribunal. The Tribunal will examine representations made by both parties and consider a range of evidence, including the agent’s procedures and policies.
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If a letting agent fails to comply with the code, the Scottish Ministers may apply to a tribunal for an enforcement order. This order will give the Tribunal a number of powers to inspect the agent’s premises and procedures, and will also make it possible for the agent to pay compensation.
Landlords and letting agents are required to notify each other of any breaches of the code. In addition, any letting agent that is a member of the TPO must display their logo prominently on all their marketing material. A copy of the code must be available in every office.
Security for both landlord and tenant
A nod goes out to both the landlord and tenant alike. The biggest prize in this roundup is a top notch rental that doesn’t detract from its tenants, and that’s a good thing. To prove this point, here are a few tips and tricks to help you get the most out of your rental. a few simple but effective steps are all that’s needed to be the envy of your neighbors. One of the best ways to do this is to make yourself a priority list. After all, if you have a great landlord, you will have a tenant for life.
Fees charged to tenants
The Scottish Government has said that it is illegal for letting agents to charge tenants for anything except rent. This is in line with the bans on ‘premiums’ that were introduced in Scotland in 2012. However, some agents believe that it is possible to run a business without charging fees.
In England, the Tenant Fees Act became law in June 2019. Its aim is to bring balance between landlords and renters. Specifically, it banned ‘credit check fees’, ‘check-in and checkout fees’, and ‘tenancy renewal fees’.
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Citizens Advice has campaigned for years for a ban on letting agent fees. It has also launched a new database of rogue landlords to help protect tenants.
Citizens Advice has also called for stricter protections for tenants who are threatened with retaliatory eviction. For example, it has suggested that landlords who fail to comply with a banning order can be subject to heavy fines.
There are other measures you can take to stop landlords and letting agents from charging you illegal fees. For example, you could write a complaint to the letting agency or your local council’s Trading Standards team.
