Letting agent regulation enforcement framework published

The Scottish Government has published details of how the new letting agent registration requirements will be monitored and enforced.

Monitoring action will include:

  • A fit and proper person test including a criminal record check on applicants
  • Monitoring of the nature of any letting agent code of practice enforcement orders issued and ensuring they are complied with
  • Mystery shopping exercises
  • Reviewing terms of business, policy and procedure documents
  • Compliance visits (where there are serious concerns about a business these may be unannounced)

Enforcement action can include:

  • An application to the First-tier Tribunal for Scotland for a determination on whether a letting agent has complied with the requirements of the code of practice
  • Refusing or revoking registration
  • Where there is evidence that there has been a serious breach of the requirements of the legislation, criminal proceedings can be considered

Full details of the framework can be read here.

Just 43 days until Scottish Letting Day. Don’t miss this flagship event.
Book your tickets now