The London Rental Standard (LRS) is a voluntary set of minimum standards that the Mayor of London expects from landlords, managing agents and letting agents that operate in London’s private rented sector. The aim of the London Rental Standard is to raise professional standards in the capital’s private rented sector by providing a consistent standard of accreditation to consumers and a vehicle for increasing the number of accredited landlords and agents.
A landlord or letting agent will need to first complete accreditation through a licensed provider. Successful completion will involve the passing of a development course which can be completed online or by attending a day course (depending on the provider).
Once completed and the landlord or agent has agreed to the terms and minimum standards, they will be able to display the London Rental Standard badge.