Lettingweb, the independent marketplace for rental properties in Scotland, is spearheading the use of a new standard tenancy agreement which builds on the Government’s ambitions to create an effective, secure and stable private rented sector.
Since 1st December, all private residential tenancies are subject to core rights and obligations and the Scottish Government has provided its own model form of agreement for use by landlords.
The Letting Professionals Model Tenancy (LPMT) launched by Lettingweb, builds on the Government’s template with the additional functionality of a digital platform to allow creation of the tenancy agreement and signing using electronic signatures.
Embracing the new legislative ability to use binding digital signatures, the Lettingweb platform is robust, efficient and relevant to today’s rental market. Using marketing leading digital signature technology, Scottish letting professionals and tenants can now complete private rental tenancy agreements entirely online, faster and more efficiently than ever before.
Ross MacDonald of Lettingweb, said, “We have designed the Letting Professionals Model Tenancy. It simply builds on the Government’s template with the insights we can bring as professionals working at the heart of the sector.”
Malcolm Warrack of LetScotland and Cullen Property Ltd said, “The Scottish Government led the way in creating the ground rules for a fair and secure private rental sector and the property professionals have collaborated and taken responsibility for delivering the objectives of the Government’s new legislation with the LPMT. We are moving forward to establish best practice and I am delighted to be involved.”