Landlord and Letting Agent Registration Fees

Landlord and Letting Agent Registration Fees
April 3, 2023

Please find below information regarding the increase of registration fees for both Landlords and Letting Agents. This is coming into affect from the 3rd of April 2023

Letting Agent Register Fees:

Section 30 (3) of the Housing (Scotland) Act 2014 requires that an application for registration as a letting agent in Scotland “must be accompanied by a fee of such amount (if any) as the Scottish Ministers may determine”.

Although implemented in 2018, the first increase in the registration fees for letting agents was seen in 2022-2023 and an announcement was made that the fee would be increased annually in line with the CPI. The tables below show the new fees.

Submitted before carrying out work:

Financial Year 1 Office 2-3 Offices 4+ Offices
2022 – 23 £508 £611 £719
2023 – 24 £554 £666 £784
Actual Increase £46 £55 £65

Submitted after already carrying out work whilst not registered:

Financial Year 1 Office 2-3 Offices 4+ Offices
2022 – 23 £785 £888 £996
2023 – 24 £856 £968 £1086
Actual Increase £71 £80 £90

Landlord Registration Fees: Section 3 of Private Landlord Registration (Fees) (Scotland) Regulations 2019 makes provision for fees to adjusted from 1 April each year, using a formula that reflects the value of the Consumer Prices Index in the preceding calendar year. The table below shows the new fees.

Financial Year Principal Property Late Application
2022 – 23 £68 £16 £137
2023 – 24 £75 £17 £149
Actual Increase £7 £1 £12

Property store have been so helpful in helping me find my letting property. It’s my first flat that I am letting on my own and they have been so good with all the information I have asked for. No question was a bother. Staff are lovely. Highly recommend! Rachel and grace you have both been stars with my endless amount of questions!!! A credit to the company.

  • - Taylor - Tenant

"Having previously rented accommodation with other letting agents in the area, The Property Store are miles ahead of the rest. Lovely maintained properties and professional and courteous staff. Highly recommend!"

  • Letting agents
  • - Claire Moran

"I would highly recommend using the property store . I have just recently let my flat out & they found me a tenant within 1 week. The whole process has been hassle free, Lynne in particular has been fantastic, very professional & the customer service from all the staff has been great. Thank you."

  • Lisa Doogan
  • - Landlord

"From the time of meeting Lorraine and working with the team at The Property Store the customer service has been excellent and extremely professional."

  • - Fiona Kirk Landlord

"Can you pass thanks on to the landlord. I've enjoyed living in the house it's just unfortunate my hip condition has deteriorated and caused me to move. I hope the new tenants enjoy their new home. Thank you to property store for all the help and support. A very professional team. I would highly recommend you to others."

  • Helen
  • - Tenant

"I have been a client with The Property Store for over 10 years, in that time I have got to know them well and value the service they deliver. The team have great tradesmen (Jim in particular) who are available at short notice. The office girls are so friendly, knowledgeable and above all helpful. You will be happy to be one of their landlords."

  • Susan Rooney

"The Property Store was fantastic in finding me a property. They really took such a personal approach to finding me a suitable flat and take great care to ensure its the right fit. The staff are very friendly and will do everything they can to help in anyway they can. I would definitely recommend them to anyone looking for a property."

  • Debbie Fraser

"As a family wishing to invest in property for the first time. We had invaluable support and knowledge from Lorri and June to take us 'step by step' through the process from sourcing and purchasing to finding the ideal tenants for the properties.  Without you we would still be wondering 'how'! "

  • Jess and David Cairns

"For some time I had been looking at further property development opportunities on a buy to let basis. As a landlord I had already been working successfully with the Property Store for a number of years and I took the opportunity to discuss this with them. Living remote from East Kilbride and having talked through my requirements it was clear that the most suitable option was for the Property Store to source, develop and let on a fully managed basis.

I have been very impressed with the speed that things have moved particularly how quickly the properties are upgraded and prepared for letting to the point where we have had tenants in advance of completion of works. As a result I have now added three properties in a matter of a few months.

As a remote landlord it is essential that you build confidence in the agents you are dealing with and the team at the Property Store have been excellent to deal with. They are a well-trained motivated team who know what they are doing.

The Property Store utilises the services of a number of key contractors with whom they have has a business relationship for many years. The contractors know the exacting requirements of owner Lorraine Robb and can be trusted to provide competitive quotes as well as completing works to a high standard. The Property Store fully inspect all works and provide regular feedback and are quick to take care of those small details that make all the difference.

I have no hesitation in recommending the Property Store to anyone considering a fully managed service from sourcing to redevelopment to letting."

  • Landlord and Investor

"Lorraine has managed my properties for 15 years and has always been helpful, honest and reliable and the office staff are responsive and well informed. She has sourced properties for me and dealt with various crisis with aplomb. I know that even if I am away on holiday she can and does deal with anything unexpected in a capable and timely manner. She is very knowledgeable and is always a source of advice and help. She is indeed the Property Whisperer."

  • Suzanne Freedman
  • - Landlord