Agent Alert – City Trading Standards team begins clampdown

Agent Alert – City Trading Standards team begins clampdown


Todays other news
Agents must ensure both landlords and properties are listed on...
However, the Build To Rent sector is struggling - and...
Two tech platforms have come together to offer a new...
RICS emphasises governance compliance with new appointment


A council’s Trading Standards team is warning letting agents of a new clampdown on compliance failures.

Advertisement

Stoke-on-Trent Trading Standards says it’s received “a number of complaints about letting agents and landlords” reporting that standards are not being met. Issues include illegal charges, with agents “failing to protect deposits or ensure membership of the redress schemes.”

Advertisement

The council says it will now be providing advice and support to local agencies to “ensure they are aware of their duties and are fully compliant.”

Advertisement

Failure to comply with the law can result in fines of up to £30,000.

This is part of a compliance project running across the West Midlands.

Advertisement

Since April 2019 all letting agents and management firms that handle clients’ money must be part of a Government approved Protection scheme. Letting agents are also required to belong to an approved redress scheme.

This information, including the name of the scheme, logo and certificate number, should be published on their website and in their offices. 

Advertisement

They must also clearly display the name and logo of the CMP provider and a viewable certificate, and display landlord and tenant fees and charges.

Councillor Carl Edwards, cabinet member for housing and environment, says: “One of our key priorities as a city council is to make our towns and communities great places to live. 

“We want to be ‘Stronger Together Through Winter’ and this will help by improving housing conditions and the practices of letting agents who rent out properties in the city. 

“Although we know that most letting agents want to comply with the law, some are making illegal charges or not registering with the schemes. 

“We need to identify and tackle these rogue practices to protect our residents and legitimate businesses.”

Any letting agent, landlord or property management business based in Stoke-on-Trent can seek further advice from Trading Standards Team on 01782 236065 or by emailing [email protected].

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
This is apparent in the prime lettings segment, it's claimed...
The controversy involves the tenant union Acorn...
Well known business billionaire enters private rental sector as investor...
Recommended for you
Latest Features
Agents must ensure both landlords and properties are listed on...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.