Time and again, crooked or inept letting agents get away with ‘a slap on the hand’, says Steve Harriott, chief executive of the Tenancy Deposit Scheme.
Harriott, writing in our blog section today, has spoken of his frustration after the latest case in which an agent closed down, leaving tenants worried as to the whereabouts of their money.
It is, he says, time for proper regulation.
And he cannot understand why the social rented sector is already so heavily regulated when the private rented sector simply is not.
But given that the Government shows no appetite for it, he issues an urgent call for the industry to unite and self-regulate.
Read his views today.
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Comments
"Time and again"
What do you mean, Time and again?
Please name 10 firms from the past 10 years, I can think of 7
Weston- Premier Places
Martin and Co ???whichever one it was
Belvoir??? whichever one it was
Bloke in Norwich
Hussain Oxford
Hamilton Smiths
and now Spencer Knight.
As proved by Spencer Knight, Nals and SAFE stickers do nothing to stop it happening .
Before you start blogging anetdotal cliches come up with every single case you or your contacts and co workers can list and before suggesting regulation at least quantify just how big the probelem is.