New Regulations Announced For The Private Rented Sector
CKD Galbraith welcomes today's announcement made by the Scottish Government on the introduction of new regulations for Scotland's private rented sector.
Bob Cherry, partner and head of CKD Galbraith’s lettings division, said: “As a firm we have experienced a growing demand for rental properties throughout Scotland due to lack of funding available for some or as a lifestyle choice, and it is imperative that there is a level playing for all landlords and tenants in the sector.
“What we are also finding is that there are some reluctant landlords operating who have entered the market in the mean time as they have been unable to sell their property and thus have unrealistic expectations on the level of wear and tear to their property, so a fair management service is required.”
“Today’s announcement is a positive step forwards for the industry to help alleviate the unscrupulous practices being carried out by many. Being accountable to a professional body provides security for your clients, both landlords and tenants, and allows for a fair and open market place.”
The firm currently operates six regional lettings teams from its 12 offices throughout Scotland and is a member of the Royal Institution of Chartered Surveyors (RICS), the Association of Residential Letting Agents (ARLA) and the National Approved Letting Scheme (NALS).
In addition, CKD Galbraith holds a SafeAgent accreditation which guarantees that tenants' and landlords' money is protected by a client money protection scheme.
For information on today’s announcement please visit the Scottish Government website.