We’re proud to be a member of several organisations which represent the property lettings and management industry, including the Association of Residential Letting Agents (ARLA), Safeagent and The Property Redress Scheme.
Surprisingly, there is currently no mandatory regulation of letting and property management agents in the UK, although this is currently under scrutiny by the Regulation of Property Agents Working Group (RoPA), who have recommended to the government that all residential property agents should be regulated and licensed.
Although not currently compulsory, we choose to be licensed because it’s a great way to keep up with changes to rules and regulations affecting our ever-changing industry. As membership of ARLA requires industry-specific qualifications, it also means that we access regular training and development courses to improve our knowledge.
But more importantly it has big benefits for our clients, and that is why we believe you should always choose a licensed agent. For example, ARLA has a strict code of practice which its licensed agents must follow.
ARLA provides us with expert legal advice if needed. Whenever we’ve had to call on this service in the past, it has helped our clients to fairly and legally resolve their concerns.
Being licensed by ARLA means our clients know that we comply with its professional standards. You can be confident that we take the business of managing your property seriously and will work to a professional, principled and honest agenda.
We are big believers that licensing should be mandatory for all agents, but it is currently not. With the results of the RoPA report appearing to receive cross-party support, it seems to be only a matter of time before all agents will be subject to the standards to which we at Reside already subscribe. Using a licensed agent such as Reside not only protects landlords against the issues of today, but also from the changes that our coming to the industry soon.
If you would like to let your property quickly, professionally and cost-effectively, please don’t hesitate to contact us – we’d love to help you.