New database will update agents on compliance
ARLA Propertymark has launched a new database to help its members keep abreast of compliance issues in the lettings sector.
The service is run with technology platform GetRentr which updates ARLA members about new licensing schemes set to come into force, those which are ending and those which local authorities are consulting on and will come into effect in the near future.
Members will also be able to check the status of licensing schemes in their local area, so they can understand which ones they need for themselves and their landlord clients.
David Cox, ARLA’s chief executive, said: “There are hundreds of laws with which letting agents and landlords need to comply, and new licensing schemes are being introduced on an almost weekly basis, so it can be difficult to keep up.”
GenRentr says there are now around 540 independent property licensing schemes around the UK.
Orla Shields, chief executive of GetRentr, said: “Remaining compliant is a never-ending task as new consultations or schemes can come into effect at any time, meaning compliance today does not guarantee compliance tomorrow.”
GetRentr is described as ‘a unique technology platform which tracks and maps regulations affecting the private rental sector in every local authority in the UK to automatically monitor property portfolios for compliance in real time.’