Real Estate - Leeds, England, United Kingdom
The National Rental Standard, is based on the DCLG Private Rented Sector Code of Practice and is a benchmark of quality for all parties - landlord, letting agent, block management and tenant who acknowledge their responsibilities and want to evidence it.Why is this neededIts about de-risking renting for all parties. Unlike say a car - where every car on the road has to have an MOT, tax and insurance and a logbook, in renting there is no such benchmark you can trust. The National Rental Standard is that benchmark It is an annual award on any property in the UK that meets the criteria - and meeting the criteria is evidence based. The purpose is to prove the property is not only meeting current legal requirements, but that it is safe for occupation and is well managed and maintained. This single National Rental Standard is based on the Private Rented Sector Code of Practice and cuts through all the red-tape, regional accreditation programmes badges and awards and lets the customer - the tenant, know what life will be like in that property. With increasing regulation the landlord is safe in the knowledge that he's doing a good job - or his letting agent is, And that his property is always safe, legal and secure and his risk is minimised through attracting the best tenants. Happy tenants means profitable renting. The tenant is an important part of good renting too and whilst occupying that property also has a duty of care. The National Rental Scheme works for them to help them stand out in the now competitive world of renting and prove they would be first choice for any prospective landlord. And for a letting agent, having his property portfolio meet this standard gives him a competitive edge from his peers and attracts the best prospective landlords and tenants because they know that letting agent is demonstrating best practice in the rental sector and that any property in his care is a safe haven.
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