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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Agents urged not to be complacent on AML compliance
SmartSearch boss Martin Cheek says agents using outdated AML practices could be making a costly mistake and putting themselves on the road to financial ruin.
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Abolition of ‘no fault’ Section 21 still major concern for agents
Goodlord’s Oliver Sherlock says concerns and unanswered questions remain for agents and their landlords when it comes to the Renters (Reform) Bill.
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Estate agencies ‘not taking AML seriously’ says legal senior
Mark Jones from leading law firm Payne Hicks Beach says there has been little improvement if any in the way agencies approach AML regulation.
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Agent ordered to repay deposit after holiday let row
Edinburgh-based agency EHPL must pay a £275 deposit back to tenant after losing a property tribunal case.
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More estate agencies reporting clients over suspicious activity
Just a tiny fraction of agents are submitting SARs despite HM Treasury and the Home Office saying the sector is at ‘medium’ risk for money laundering.
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Raining cats and dogs when it comes to rentals
Kim Leadbeater MP was among more than 50 MPs and peers at a Westminster event hosted by the UK’s leading cat and dog charities to discuss rental laws.
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Government blamed as new build approvals slump 10%
Official statistics from DLUHC reveal 269,000 homes were granted permission in the last year.
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Evictions on ‘brink of disaster’ as court bailiffs grind to a halt
Expert Paul Shamplina warns problems over supply of personal safety equipment to bailiffs will mean evictions are to take even longer.
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Landlords and agents reject ‘disastrous’ rent control proposals in Wales
The NRLA says a rent freeze or cap would "decimate" the rental sector.
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‘Mortgage payments from salaries’ petition signed by thousands
Almost 23,000 people have signed a petition to Parliament calling for a mortgage from wage scheme to be allowed.
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