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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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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Record fine handed to ‘lost at sea’ criminal landlord during weird court appearance
Landlord Giuseppe Sutera, also known as Joe Sutera, refused to identify himself stating only that he was “a man” and that Joe Sutera was “lost at sea”.
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