UKALA and ARLA disagree on role of central regulation

Caroline Kenny, the outspoken chair of the UK Association of Letting Agents, has stated that she does not believe that a central regulator would be beneficial for the rental sector.

One way

She instead favours a more 'targeted' method. She said: "UKALA believes that regulation must be proportionate to the issues or problems it seeks to address and it appears that a more targeted response is necessary to challenge the negative experience of some and perception of many in the wider community.

"All of those living and working within the private rented sector should be able to expect certain minimum standards from professional agents providing letting and management services."

"...While we do not believe that a central regulator is essential to ensure these standards are met, we would support moves to make these features a mandatory part of all letting and management services. In practice these elements exemplify the type of practices and security at the heart of most calls for statutory regulation."

ARLA boss says central regulation is a 'win-win'

ARLA director Iain Potter, meanwhile, maintains his support of a central regulatory body.

He said: "We are not saying our model is the only way - we welcome the views of the wider industry and are open to debate as to which body would prove most apt for industry oversight and how regulation could, and should, work."

"Regulating the sector is a complete win-win. Tenants will get better quality property and have their rights and money protected; the industry will be rid of unprofessional practice and enjoy a better reputation; and the Government will have a simpler system to oversee and ultimately fewer disputes to resolve.

"Failure to regulate will mean that rogue agents continue to blight the sector, damaging trust in the majority of responsible agents and resulting in poorer housing conditions and dwindling supply."

The ARLA model is supported by, among others, the shadow housing minister Jack Dromey and Peter Bolton King of RICS

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