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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RICS promises to tighten up home survey ‘malpractice’
Standards & Regulation Board says where dodgy practices have occurred they invest significant time and resource into probes to implement effective sanctions.
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MINISTER: Regulation of estate agents ‘will not happen’
Baroness Swinburne tells fellow members of the Lords that there is no time for regulation of any kind, despite Lord Best's RoPA report having been published five years ago.
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Adopt the Oz model to speed up UK property sales, says Reapit
Firm's Steve Richmond says properties in Australia take 30 to 40 days on average to be sold compared to 25 weeks from listing to exchange in the UK.
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OFFICIAL: Renting reforms to move forward towards Royal Assent
Parliamentary officials reveal that controversial Bill will move to its next stage through the Commons next Wednesday 24th April 2024.
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Landlord duo fined £14,000 after failed attempt to blame letting agent
Muhammed Abdul and Amina Khatun Hamid inaccurately blamed EA Property for naming them instead of their son Zafar on tenancy following rent repayment order attempt.
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Stamp Duty reform puts ‘bulk purchases market at risk’
The abolition of Multiple Dwellings Relief for those paying Stamp Duty will shrink the market by 25,000 homes and jeopardise up to 60,000 jobs.
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Property firm boss one of 830 disqualified over dodgy Covid loans
Richard Ward helped redevelop a landmark property in Huddersfield several years ago but has now been disqualified from being a director for 12 years.
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Landlords worried about pets and eviction changes in reforms
Leaders Romans Group lettings boss Allison Thompson says landlords are adopting a ‘wait and see’ attitude as implementation of the Renters (Reform) Bill edges ever closer.
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Tribunal hands down important decision on Tenant Fees Act
It has been decided by the Tribunal that a person leaving a shared property after a fixed-term tenancy ends cannot be charged to reference new tenants if one of the existing tenants decides to stay.
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HMRC to name and shame agents fined for AML breaches
Last month HMRC issued over £1.6 million in fines to over 254 estate agents for failing to register or re-register with them for AML supervision with fines ranging from £1,500 to over £50,000.
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