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- Fact sheet: The Letting Agent Registration (Scotland) Regulations 2016
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Scottish Government update framework for letting agent compliance
Requirements and expectations have been clarified in an update provided to Scotland’s private rented sector (PRS), particularly on training and registration.
Advice on joint tenancies in Scotland
Since the introduction of the Private Housing (Tenancies) (Scotland) Act 2016, agents have had to adapt to working with the new Private Residential Tenancy (PRT) and get to grips with what that means for them on a day to day basis. One issue that was raised as a potential problem was how to deal with joint tenancies under a PRT where one tenant wants to leave.
Fact sheet: The Letting Agent Code of Practice (Scotland) Regulations 2016
The Housing (Scotland) Act gives powers to the Scottish Government to create a Code of Practice and introduces new rules, which all letting agents must follow. Read this fact sheet to see how the code of practice affects you.
Further tranche of agents hit with penalties for AML failures
194 agents have incurred penalties totalling over £1 million for breaches identified by HM Revenue and Customs between October 2024 and March 2025. The vast majority are a result of failing to register for Anti-Money Laundering (AML) supervision on time – the most common reason agents are fined. This highlights how important it is for property professionals to understand the rules, apply correctly, and maintain an up-to-date registration with HMRC.