Heavy regulation has been good for Scottish rental market

first_imgHome » News » Heavy regulation has been good for Scottish rental market previous nextRegulation & LawHeavy regulation has been good for Scottish rental marketClaim made by charity Crisis Scotland in blog – so is England next in line?Nigel Lewis1st February 20170826 Views Heavy regulation of the Scottish rental market in recent years has been a good thing for all concerned, says housing charity Crisis Scotland.After a clamp down on landlords and agents over the past ten years which has included four pieces of legislation, Crisis Scotland claims that all the potential downsides claimed by agents and landlords have failed to materialise.This has included increased responsibilities for and regulation of landlords and agents including an end to ‘no fault’ tenancy terminations, a Repairing Standard to enforce minimum property quality, strict HMO legislation, landlord registration and a ban on letting fees.Neil Guy (pictured), policy and practice manager at the charity, says the legislation has not restricted the growth of Scotland’s privatge rented sector (PRS) over the past ten years and that it has expanded faster than England’s, according to Scottish government housing data.Agents generally agree that the market is robust; for example Fiona Hindshaw of Clyde Property last month said that the “the general consensus across the board in Scotland is that the lettings market [during the final quarter of 2016] demonstrated continued strength and growth when compared to the same period in 2015 and we expect to see this growth continue in 2017”.Neil Guy also claims in a blog written this week that a ban on letting fees has not led to an increase in rents since the ban was introduced in 2012. He also says that tenancies are more secure now north of the border, highlighting a reduction in the number of homelessness applications per 1,000 PRS tenants.“There are still issues with compliance in some areas, however, the PRS as a route out of homelessness is a more secure and suitable option than ever before,” says Neil.tenants landlords Scotland Crisis Scotland February 1, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

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