Qualifications key to boosting industry standards says Propertymark

Qualifications key to boosting industry standards says Propertymark


Todays other news


A new Propertymark report into letting agent qualifications says professional qualifications are key in driving up standards across the private rented sector in Scotland.

In 2014, legislation was passed making provisions for the regulation of letting agents in Scotland. This was to improve the standards of service for those renting properties from letting agents and requires appropriate people in each letting agency to hold a relevant qualification and where necessary undertake additional training on letting agency work.

Now a new report outlines that 87 per cent of letting agents who had done qualification said positive impact on their professional capabilities and 51 per cent of landlords said that requirement for letting agent qualification had been positive thing for the private rented sector overall.

Some 84 per cent of letting agents said the introduction of qualifications has been positive for the sector overall highlighting more people looking at property agency as a long-term professional career option.

In addition, the report highlights the need to make training accessible for people.

Timothy Douglas, Head of Policy and Campaigns at Propertymark, says: “We have long campaigned for greater regulation for letting agents. Ensuring agents are suitably qualified and meet minimum competency standards is the only way to drive up standards of service for consumers and eliminate bad practice in the sector. 

“So, it is pleasing to see that a majority of letting agents have done a qualification saying it has had a positive impact on them professional and over half of landlords believe qualifications have been a positive thing for the sector overall.

“Through the Scottish Government Draft Rented Strategy there is now an opportunity to look at whether requirement for qualifications is expanded to all and ensuring CPD is carried out annually rather than the current regulatory criteria of 20 hours over three years. 

“As a membership body, Propertymark has a key role to play in not only supporting learners, but ensuring training, CPD and compliance is adhered to. We look forward to continuing to work with the Scottish Government and partners from across the sector to shape any future proposals.”

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.
Recommended for you
Related Articles
The trade body had a big influence on the outcomes...
The regulation of Property Agents recommendations are back on the...
Rightmove's HomeViews is one of many Build To Rent players...
Daisy McAndrew is to make her second appearance in front...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
There’s growing concern the 1.5m housing target is impossible...
The city with the largest gap between rental supply and...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

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.

No one likes pop-ups ...
But while you're here