Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
A lettings industry body is calling on the government to ensure the upcoming Private Rental Sector database is strong enough to drive out rogue landlords. The database will be compulsory and will require landlords to pay a fee to be listed.
According to Landlord Today, the database is currently being trialled and is scheduled to be unveiled later this year. The focus is on making the system effective in addressing issues with non-compliant landlords.
This development is relevant for UK letting agents and inventory clerks, as the new database may impact landlord registration and compliance processes.
Source: Landlord Today