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A Professional body, the National Approved Letting Scheme (NALS), has announced a new initiative to help councils effectively regulate the lettings industry and raise standards.Read More »
The PRS is the newest of three consumer redress schemes authorised by the Department for Communities and Local Government (DCLG) and National Trading Standards Institute whose role it is to provide fair and reasonable resolutions to disputes between members of the public and property agents and professionals.Read More »
No Letting Go, a national property inventory provider and member of the Property Redress Scheme, has won the Bronze – Lettings Supplier of the Year 2016 award, presented by The Times and The Sunday Times.Read More »
The Property Redress Scheme (PRS) supports this week’s SAFEagent Awareness Week, which highlights the importance for letting agents of being a member of a client money protection scheme.Read More »
The PRS is always looking to promote the good work of its Members in the community. After our London PRS agent workshop held in March, Katie Gray contacted us to ask for a copy of the slides. Our MD, Tim Frome noticed that she worked for a company called Ethical Lettings so he did a bit of investigation into the work being undertaken by our Member.Read More »
Running a business is not easy but sometimes it becomes harder because we are expected to modify our behaviour due to external factors. One of these factors is the Law of the Land and the consequences of ignoring legislation can have dire consequences.Read More »
The Property Redress Scheme (PRS) is delighted to announce a workshop for Welsh agents on Thursday 7 July in Cardiff. The morning workshop includes insightful presentations giving agents a chance to get advice and guidance on essential industry topics, including the new legislation of Rent Smart Wales, which comes into effect in the autumn.Read More »
The Competition and Markets Authority (CMA) and The Property Redress Scheme (PRS) are working together to raise awareness of competition law. The CMA has sent out an open letter to estate agents after it became known that agents in some areas of the country are making joint decisions over which property portal they join.Read More »
Mandatory client money protection was added to the Housing and Planning Bill last week after continued efforts by Lord Palmer and Baroness Hayter. The amendment means that the government needs to review if agents should be required to be a member of a client money protection scheme. For agents, this would also include keeping any client money in separate client money accounts.Read More »
The Property Redress Scheme (PRS) is delighted to announce that it is sponsoring this year’s North East Student Housing Awards (NESHA). The awards, now in their second year, highlight exceptional service amongst student landlords, letting agents and hall companies in the North East. The awards gala and dinner takes place on Thursday 2 June at the Assembly Rooms in Newcastle upon Tyne.Read More »
Our quarterly expulsions update offers some insight into what leads up to the PRS’s decision to exp...Read More »
New material information guidance for sales and letting agents was published on Thursday 30 Novembe...Read More »
Property Redress Scheme is approved by Government under the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015