From today, January 31, it is compulsory for lettings and property management agents operating in Scotland to comply with a Letting Agent Code of Practice. They must belong to a new register of letting agents, with key individuals in each agency having to meet a minimum level of training. Those who have to be qualified as part of the registration process must have a relevant qualification covering essential aspects of letting agency work.
The Register will be a list run by Scottish Ministers that will make sure every letting agent is suitable to do the job and has met minimum training requirements.
It is also compulsory for agents to have both Client Money Protection and Professional Indemnity insurance.
More information can be found on the Scottish Government’s website https://www.mygov.scot/