Private landlords may come under closer scrutiny after it was announced that a new Property Standards Board has been established.

Consisting of industry organisations such as the Royal Institution of Chartered Surveyors (Rics), the Association of Residential Letting Agents and the National Association of Estate Agents (NAEA), the group will be drawing up a new code of practice.

The code will specifically be for letting agents, estate agents and property managers, and will act as a way of setting standards across the housing sector.

A statement from Rics revealed that the board will provide better consumer information on the subject of buying, selling and renting property.

Gillian Charlesworth, director of external affairs at Rics, remarked: "Home purchase and renting are far too important in people's lives to be left to a sector with no commonly applied and enforced standards and where anyone can set up shop."

Earlier this month, the NAEA suggested that the property market is moving in a positive direction after around 18 months of decline.

Written by Mark Garner

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