Yesterday, the Rudd report suggested that private landlords sign up to a national register. This is in an attempt to prevent bad practice by unscrupulous landlords.

A landlord can be struck off the register and banned from renting out property, if they do not adequately look after the interest of their tenants, with regard to for example repairs, keeping deposits etc

One additional piece of security for tenants was the suggestion that tenants would be given at least two months to leave if a landlord’s property is repossessed. This is of course particularly relevant in the current environment where some landlords are having difficulty in paying their mortgage.

The report has also raised concern about the fact that estate agents and letting agents need no professional qualification. The government has suggested an independent regulator to oversee their practise.

What do you think? Good idea to clean up the industry or is the government trying to be “Big Brother” without and associated benefit to the sector?

This entry was posted on Thursday, May 14th, 2009 at 10:06 am and is filed under property market general. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.