MD1357 London Rental Standard
The GLA is undertaking a series of projects to improve London’s private rented sector, the centrepiece of which is the London Rental Standard initiative. The aim of the project is to accredit 100,000 private landlords and letting agents to the London Rental Standard by 2016. In order to do this the Mayor plans to license new and existing accrediting organisations (“AOs”) in London to provide the London Rental Standard single badge of accreditation. The GLA will assess whether an AO provides a product that is consistent with the requirements of the London Rental Standard and, if so, the GLA will permit them to use the badge.
This Mayoral Decision seeks the approvals necessary for the GLA to do this.