The UK Association of Letting Agents (UKALA) has announced a robust result for its recent half year end which has enabled it to hold membership subscriptions in the lowest charge band. This covers the vast majority of its members.
Membership has grown to a record high of 1,200 – a significant increase after the difficult pandemic period.
Tim Clark, UKALA Chairman said: “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.
Clark continued: “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”
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