Ian Potter, ARLA MD, calls for improved professional standards
January 7, 2013
ARLA Managing Director Ian Potter (who has written for PRSupdate recently on the topic of Private Rented Sector regulation) has called for improved professional standards from unscrupulous letting agents and landlords.
With tenant demand predicted to remain far higher than supply this year, with the deficit being particularly pronounced in London and the South-East.
Mr Potter said: “This increased demand will put quality and standards under a greater spotlight. This year, it will be time for unscrupulous agents and landlord to put up or shut up. Consumers are rightly calling for much higher standards in the private rented sector.”
He added: “We are seeing demand for licensed ARLA agents grow amongst tenants and landlords alike.”
He was also quick to point out that there is unlikely to be a slowdown in rent levels across the country over the next twelve months.
“When it comes to rent levels, as long as the shortage of housing stock continues, it is unlikely that there will be any relief on rising rents throughout 2013. Indeed, in urban areas the demand for single-person occupancies may well continue throughout 2013, which will increase the existing pressure on high-demand properties and areas.”
Improved professional standards are an increasing necessity in the current PRS market due to the increase in the number of people relying on the sector to provide them with a home.
The original article can be found here on the ARLA website