Property: Hopes of rental regulation are dashed
Saturday 07 February 1998
In a letter to Philip Cook, chairman of the Association of Residential Letting Agents, ARLA, he said that the compulsory registration of property would be a huge burden on local authorities, although the Government would stick to its commitment to register houses with multiple occupation.
This is a blow for ARLA and the professional bodies such as the RICS who want to set up their own regulatory body. Of course they could be accused of trying to create a professional cartel, and certainly the last government took the line that it would cut competition.
Anyone looking for security can of course always find an agent who subscribes to a code of professional conduct. But codes have no teeth, and while good landlords can pick and choose, anyone who has ever tried to find somewhere to rent, in London at least, knows that you get so desperate for attention and service you will end up going anywhere if there's the prospect of a home at the end of it.
And it does seem extraordinary that we should have such a cavalier attitude towards the legal and financial responsibilities of a letting agent - far more onerous than those of selling agents. At least, though, Mr Raynsford will be looking at how the millions of pounds of tenants' money can be better protected. He told Mr Cook that the Government would consider controls over tenants' deposits and clients' funds.
The shortage of family homes in Wandsworth, south-west London, is to be boosted by the building of two Edwardian-style houses in Lyford Road. They have 10ft-high ceilings in the main reception rooms and a conservatory- style family room leads on to a terrace and landscaped garden of about 135ft. Michael Comyn, of John D. Wood, the selling agents, says that this is the first time large houses in keeping with their opulent forebears have been built near Wandsworth Common. The developers of Lyford Villas are Thirlstone Homes, and the guide price for both will be pounds 950,000.
For anyone who would rather not set foot in an estate agency and is not on too tight a budget, they can employ Homesearch London via the Internet to do their walking for them. The company offers a service in finding and negotiating prime residential property for individuals or companies in central London on http://www.homesearch.co.uk or 0171 838 1066.
Life & Style blogs
The 10 Best Scotch Whiskies
Resurgence of TB poses grave threat worldwide
Titanfall: First-person shooter lands with a boom on Xbox One, but will it save Microsoft's console?
GIF inventor Steve Wilhite says it should be pronounced 'jif'
'Missing Malaysia Airlines Flight MH370 plane found in Bermuda Triangle!' Viral Facebook links are profiting hackers
Ukip and Nigel Farage on course for remarkable victory in European elections
Katie Hopkins continues campaign to become Britain's most hated talking head with poorly timed Bob Crow tweet
No EU referendum under Labour: Ed Miliband to reveal that vote on membership is ‘unlikely’ in next Parliament if party wins power
Tony Benn was entirely ineffectual - and usually wrong
The rise of Ukip: Study warns Labour that Eurosceptic party's electoral base now 'more working class than any of the main parties'
Europeans have ‘got whiter’ due to natural selection in past 5,000 years, scientists say
- 1 Is your name now 'banned' in Saudi Arabia?
- 2 Gender-specific books demean all our children. So the Independent on Sunday will no longer review anything marketed to exclude either sex
- 3 Missing Malaysia Airlines Flight MH370: Did jetliner fly into area controlled by Taliban? Net widens after claims final satellite signal could have been sent from the ground
- 4 Nasa-funded study warns of ‘collapse of civilisation’ in coming decades
- 5 'Missing Malaysia Airlines Flight MH370 plane found in Bermuda Triangle!' Viral Facebook links are profiting hackers
£50000 - £60000 per annum: Charter Selection: This well respected and exciting...
£40000 - £50000 per annum: Charter Selection: This exciting company and market...
£40000 - £60000 per annum + EXCELLENT SALARY: Austen Lloyd: Senior Private Cli...
£25,000 to £35,000: IT Connections Ltd: Signal Processing Engineer / Acoustics...