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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Eviction hearings jump in Q1 ahead of Section 21 ban
Analysis of government stats by property software firm Veco shows a 16% leap in eviction cases reaching court.
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Sadiq Khan wants London licensing scheme to clamp down on short-term lets
More than 80,000 properties are listed for short-term let in the Capital and London Mayor wants accountability and transparency from the sector.
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Estate agency AML fines on the rise due to difficult market conditions
The average AML fine issued to estate agency businesses is £5,350 - a 49% increase versus the average fine issued during the previous year.
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Letting agent fined £18,000 for HMO licence breaches at crowded property
The inspecting officer also found evidence of overcrowding with a family – made up of two adults and three children – living in just one room.
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Crackdown on insurance commissions could ‘devastate managing agents’
Property litigator Richard Glover warns agents could face disqualification from both the FCA and RICS for taking ‘secret commissions’.
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Renting reforms ‘unlikely’ until much later this year, hints Minister
Rachel Maclean was unable to confirm when her Government's Renters (Reform) Bill would make progress through Parliament.
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HMRC stamp duty errors ‘costing buyers millions’
Cornerstone Tax says most homebuyers assume they have paid the correct amount of SDLT when often they have not.
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Rogue and aggressive letting agent landlord fined £8,000 by London Borough Council
Covid pandemic and other issues meant the case from 2017 against the since dissolved Tower Hamlets business has only just been heard now – nearly six years later.
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Ban on ads ruling out children and benefit families ‘set to become UK-wide’
Michael Gove is talking to the Scottish and Welsh Governments about outlawing blanket bans on children and families on benefits.
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Holiday homes tax loophole will cost treasury £170 million – claim
Holiday and second homeowners can avoid council tax provided they make their properties available to rent and do so for just 10 weeks of the year.
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