Strong results enable UKALA to hold membership prices for the majority of members

The UK Association of Letting Agents (UKALA) has announced a robust membership result for its recent half year end which has enabled it to hold membership subscriptions in the lowest charge band, covering the vast majority of members.

Membership has grown to a record high of 1200 members which is a significant growth after a difficult pandemic period.

Tim Clark, UKALA Chairman says: “These results are excellent, given the tumultuous few years we have just gone through. The figures have enabled us to hold costs of membership for another year for approximately 95% of our members. As UKALA membership tends to appeal to the smaller agent, most of whom have had a very tough time recently as a result of the pandemic and the UK economy, no increase in subscription is more important to them than ever”.

UKALA’s single membership fee gives members a package that includes Client Money Protection and a redress scheme membership (both legal requirements). There is a range of improved commercial products, an email and telephone helpline as well as an online library of information and forms.

Tim Clark continues: “We are delighted to have reached a record number of members. UKALA is a not for profit membership body, owned by our members, and helps to support them in being compliant, successful and professional. Any financial surplus is put back into improved membership services”

 

About UKALA
The UK Association of Letting Agents (UKALA) is a professional association that supports letting and management agent members to be successful, stay compliant and provide a high-quality service.

The organisation represents the interests of members across the UK, works constructively with various government departments and sits on many committees and policy input bodies.

UKALA membership fees are based on the amount of client money a member business holds. It offers to improve standards through professional development and makes compliance easier by giving automatic membership to both a government-approved Client Money Protection scheme and an Independent Redress Scheme. Membership also offers a range of commercial discounted benefits as well as advice services, publications, newsletters , documents and development services.

UKALA is member-owned and run for the benefit of members. Membership is currently 1200.