Regulation & Law
News articles looking at national legislation and local regulation and the application of law to the residential property industry.
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BLOG: ‘Agents who adopt Material Information early will gain an edge’
Managing Director at ASAP, Richard Megson, claims that early adopters of Material Information will see their sales pipeline turn much faster.
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Good luck with that! Expert questions Labour plan to create ‘new towns’
Initiative from party's Deputy Leader Angela Rayner says a Labour government would turn the screws on developers to get building within a year.
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Estate agencies in Labour’s sights as it promises ‘kleptocracy crackdown’
Labour's David Lammy says it will raise the stakes to prevent money laundering, with agents likely to feel the pressure if the party wins the election.
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Labour considers giving councils power to set rent caps
Shadow Chancellor Rachel Reeves said it should be up to local areas to decide whether rent rise restrictions are introduced.
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Big London borough to roll out first phase of selective licensing
Lambeth agents and landlords in Knights Hill, Streatham Common & Vale, Streatham Hill East and Streatham St Leonards will need to pay £923 per property for a licence.
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Rightmove rolls out new material info fields for agents
Portal warns agents that those who do not fill in the new fields face fines – and even prison sentences.
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Surveyor expelled by RICS after failures cause sales to fall through
Ian Prince of Principles Surveyors in Nottinghamshire inspected properties but did not deliver reports despite repeated customer reminders.
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Lords and Bishops attack Government over Section 21 ban delay
The Government and Lords Housing Minister Baroness Swinburne faced a rebellion as the Renters (Reform) Bill was given its second reading.
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Letting agents’ client accounts ‘being targeted by banks’ worried about AML risks
Many agents are falling foul of 'stringent' policies and unable to open or keep accounts with banks worried about money laundering risks, it is claimed.
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Leading Tory ‘reluctantly’ slams own party’s renting reforms
Lord Frost, who is a high profile 'true blue' Tory and Brexiteer, says measures within Bill will make the rental market 'worse not better' and is 'un-Conservative'.
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