Who Are ARLA?
In 1981 the Association of Residential Letting Agents (ARLA) was formed as a specialised and authoritative body in the field of residential letting. The objective of this association is to promote the standards and public confidence in the UK property market. ARLA coordinates information with the public and also mortgage lenders. It provides assistance to individual and lenders regarding investment potential in Buy To Let properties. One of its roles is to ensure estate agents and landlords follow certain ethical codes on letting. It also has schemes which help educate its members so that matters such as establishing how much incomes can be obtained from the local property market. This gives Lenders the reassurance that the rental potential is viable when supported by an ARLA estate agent estimate. Buy-to-Let scheme have the benefit of servicing the loan with reasonable interest rates by the rental achieved, the confidence in the market has been promoted by ARLA, and this credit worthi
