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Arla asks MPs to tackle landlords in rental sector over deposit abuse

The Association of Residential Letting Agents is asking an all-party group of MPs for help in tackling deposit abuse in the Private Rented Sector by giving letting agents and their landlords an explicit choice. The body wants to see landlords meet either the standards of an appropriate lettings industry body or hand over tenants&#39 deposits to a mandatory custodial scheme run by a government body.

Speaking to the MPs at Westminster ARLA chief executive Adrian said he thinks it is imperative to frame legislation now and not to adopt the government&#39s policy of “wait and see”. The Tenancy Deposit Scheme backed by ARLA has well over 250 member offices already signed up and will be launched on 1st May.

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NU offers new group PMI product

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IFA chiefs&#39 pay falls by 20% at big companies

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India budget and the liquidity supercycle

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