ARLA Propertymark has launched a new database in partnership with GetRentr, a technology platform which automatically monitors property portfolios for compliance with all UK property licensing schemes. The service, free for ARLA Propertymark members, holds information on: new licensing schemes coming into force in the next month; those which are ending this month; and those which local authorities are consulting on and will come into effect in the near future. Members will be able to check the status of licensing schemes in their local area, so they can understand which ones they need for themselves and landlords, to avoid falling foul of the law.
David Cox, chief executive at ARLA Propertymark said: “There are hundreds of laws with which letting agents and landlords need to comply, and new licensing schemes are being introduced on an almost weekly basis, so it can be difficult to keep up. Those who aren’t compliant risk breaking the law, and could face banning orders, or fines of up to £30,000. This new database, available to all members, will help agents mitigate these risks and comply with the ever-changing law.”