BDC Magazine - Online version December 2015 Issue - 216 | Page 17
ARLA.qxp_feature 2 19/10/2015 09:52 Page 15
The foremost
professional body
ARLA was formed in 1981 as the
professional and regulatory body
for letting agents in the UK
In the competitive property market, characterised by change
ARLA-certified
and turbulence, only one thing remains the same: accredita-
Indemnity Insurance. Of chief concern to tenants is the safe-
tion with the Association of Residential Lettings Agents
ty of their initial deposit and, with such stringent regulations,
(ARLA) is imperative if companies offering landlord servic-
all worries are alleviated. Tenants and landlords alike also
es are to remain afloat. It is something, more often than not,
have the advantage of working with agents with the utmost
to which both companies and tenants look toward when
dedication to quality lettings – as evidenced by the thorough
selecting a property, as a means to ascertain whether proper-
and continuous training regime ARLA has in place.
ties and companies adhere to the quality they expect.
agents
are
guaranteed
Professional
Moreover, as government legislation continues to change,
Having accumulated over thirty years in the industry, ARLA
and more serious measures are put in place for those not in
stands as UK's foremost professional body for letting agents,
compliance, it's of real significance that lettings agencies
and acts as a measure of assurance for those looking to let or
strive to maintain such compliance. Just recently, the terms
rent properties. As a highly-exclusive trade association, its 7,900
of the Section 21 notice for eviction changed – giving tenants
members are afforded sector-wide recognition and, as such, are
more right to object, as well as the regulation of smoke and
obliged to undertake rigorous and ongoing training to maintain
carbon monoxide detectors, with landlords now needing to
the prestige that comes with such identifiable repute. To make
ensure a more extensive implementation of the devices. The
the grade, members must demonstrate compliance with the pro-
organisation has welcomed the changes and ensured its
fessional standards outlined within the ARLA Byelaws and
members adhere to the new laws. Wi th ARLA registration
Code of Practice, and therefore their continued commitment to
comes the promise that agents need not encounter the impli-
high standards within the lettings agency sector.
cations of neglecting to follow legal requirement. ARLA
In the contemporary moment where standards of rental
members are obligated to remain up to date on all new legis-
properties are falling, and landlords are projected as increas-
lation passed, and ARLA therefore promotes absolute trans-
ingly despondent with respect to standards of accommoda-
parency amongst members, with the certainty of exceeding
tion, seeking ARLA accreditation has never been more
expectations at every level.
important. As David Cox, Managing Director of ARLA
Engaging with, and addressing both government
reminds us, “There are no restrictions on who becomes a let-
demands and the anxieties expressed by first-time and habit-
tings agent, so seeking advice from an agent affiliated to a
ual renters, ARLA is galvanising the practices of the sector,
professional organisation is highly recommended. They are
stimulating a progressive culture which constantly looks to
trained, offer clients money protection, and there is a redress
better itself. As interest in the rental market soars, and the
scheme in place if things go wrong.”
number of letting agents increases in conjunction with
As alluded to, members benefit from ARLA's Client
Money Protection (CMP) Scheme and clients opting for
demand, differentiation is key to ensuring viability; membership with ARLA provides that differentiating feature.