CMP and EPCs: Your guide to two major legislation changes for lettings agents
Client Money Protection (CMP) is now mandatory, and there have also been changes to the energy efficiency regulations, which could impact your landlords.
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Client Money Protection (CMP) is now mandatory, and there have also been changes to the energy efficiency regulations, which could impact your landlords.
David Cox emphasised the extent of the penalties for not complying with the new legislation at our webinar on the Tenant Fee Ban.
We were delighted to host the second in a series of webinars with ARLA CEO David Cox, focusing on the impact of the Tenant Fee Ban when it comes into law on 1 June 2019 and how letting agents need to prepare for this.
ARLA CEO David Cox will be answering more questions from letting agents on the June 1st Tenant Fee Ban during his second webinar with Goodlord.
What role will PropTech play for letting agents in 2019? We predict it could help with everything from referencing to compliance... and perhaps even see viewings go virtual.
Technology can transform the lettings experience for both tenants and landlords - while reducing the amount of manual administration for agents.
Goodlord analysed 30,000 tenancies to assess whether it is possible for the Tenant Fees Bill to deliver on its objective of helping renters across England and Wales - and found the impact would be minimal.
The "unregulated market could fall away" as a result of the Tenant Fee Ban, leaving the best agencies to rise to the top and improving the industry overall.
Landlords will need more advice and support from letting agents in order to navigate the increasing compliance required to rent out a property.