REGULATION Governing Bodies We at BIG Property take great pride in being members of several important governing bodies, which uphold high standards across the whole property industry. This should give you, our customers, confidence in how we conduct our business.

Read about each one, and what they stand for, in this guide. Scroll right to begin. ← Our Landlord Menu ARLA Propertymark → REGULATION Association of Residential Letting Agents
ARLA Propertymark ARLA Propertymark protect consumers and their money by holding members accountable and empowering customers with knowledge and advice. They aim to reassure all of those renting and letting out property that agents who display the ARLA Propertymark Protected logo offer a better service. ← Our Landlord Menu The National Approved Letting Scheme → REGULATION The National Approved Letting Scheme
NALS NALS is a well-respected organisation recognised by Government, Tenant and Landlord’s organisations alike and is the only agent organisation whose sole focus is consumer protection. Tenants and Landlords can have confidence in NALS firms because they have agreed to:

• Meet defined standards of customer service
• Be part of a Client Money Protection Scheme
• Have a written customer complaints procedure available on request offering adjudication through a redress scheme
• Have current Professional Indemnity Insurance
• Hold a dedicated client bank account designated as only holding client’s money
• Commit to an annual independent inspection of their client accounting procedures.
• These requirements and service standards provide protection and security for both Tenants and Landlords.

← Our Landlord Menu The Property Ombudsman → REGULATION The Property Ombudsman
TPO We are also a member of The Property Ombudsman (TPO). This government approved scheme has been serving consumers and property agents with an alternative dispute resolution service for 27 years and provides consumers with a free, impartial, and independent alternative dispute resolution service.

The Ombudsman’s resolutions are designed to achieve a full and final settlement of disputes and claims made by either party. The Ombudsman can make compensatory awards in individual cases. TPO's recent statistics can be found here.

As required under TPO we have a standard “in house complaints procedure” If you would like any information regarding this procedure, please do not hesitate to contact us. ← Our Landlord Menu The Property Redress Scheme → REGULATION The Property Redress Scheme
PRS The Property Redress Scheme is a new, straightforward and easy to use consumer redress scheme for Property Agents and Professionals.

Members & consumers both benefit from a simple 3 stage process to resolve a complaint:

1. The Member will first be given an opportunity to resolve the complaint directly
2. The Property Redress Scheme offers a mediation service
3. The Property Redress Scheme Ombudsman will make a binding decision on the complaint

PRS is authorised by the Department for Communities and Local Government to offer redress to Lettings and Property Management Agents and the National Trading Standards Estate Agency Team (formally the OFT) to offer redress to Estate Agents.

← Our Landlord Menu The Tenancy Deposit Scheme → REGULATION The Tenancy Deposit Scheme
TDS The Tenancy Deposit Scheme (TDS) is a government approved tenancy deposit protection scheme in England and Wales operated by The Dispute Service Ltd.

The Housing Act 2004 requires Landlords and Letting agents to protect deposits on assured shorthold tenancies in a scheme such the TDS.

They provide insurance backed tenancy deposit protection with free, impartial dispute resolution for when disagreements arise over how the money should be divided at the end of a tenancy.

← Our Landlord Menu Governing Bodies Home →

About BIG PROPERTY is an independent family owned business with many years’ experience in Residential Sales, Lettings and Block Management. Contact Get in touch today and see how we can help with your property needs. Call us on: 01202 070 007.
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