Call to regulate lettings industry and generate £20m for economy

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Published by Max Salsbury for 24dash.com in Housing and also in Regulation

The compulsory regulation of lettings agents combined with the introduction of professional standards for all agents could generate over £20 million for the UK economy a year, new research from RICS reveals. At present, anybody can become a lettings agent without qualifications or any knowledge of the industry. According to RICS, this means that tenants and landlords are potentially open to unscrupulous practice with no come back - and it is costing the economy millions every year. RICS' bel...

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