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Tuesday, July 17, 2012

Housing minister soft touch

Soft touch
Housing Minister Grant Shapps  has responded to calls for further regulation of letting agents by saying

 "I do not think that the time is right for Government-imposed regulation of the sector which would run the risk of increasing burdens and costs and, therefore, reducing supply and forcing up rents."

He also went on to add that the

“The last administration’s imposition of Home Information Packs is a prime example of how excessive state regulation and intervention can harm the interests of consumers.”

We do like a man with a soft touch after all those years of heavy regulation.

For those landlords who wish to use a regulated letting agent look for one who is a member of  either Association of Residential letting Agents, the National Association of Estate Agents, the National Approved Letting Scheme or the Royal Institution of Chartered Surveyors.

Choice is a wonderful thing.

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