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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Just three in 10 estate agents are switched on to open banking for AML reasons
SmartSearch tech boss Fraser Mitchell says three quarters of firms have yet to start verifying the sources of their clients’ funds using open banking.
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Estate agents ‘failing to give flat buyers basic material information’
Paula Higgins of the HomeOwners Alliance tells MPs potential buyers are often not told whether a flat is leasehold or freehold.
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Tory MP urges Ministers to make renting reforms more workable
Anthony Mangnall has launched amendments to the Renters (Reform) Bill, backed by NRLA, to make it more workable for landlords and agents.
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Owners of empty homes to pay double Council Tax
The owners of long-term empty homes in Haringey will be forced to pay double their Council Tax to help tackle the housing crisis.
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London council secures banning order against rogue landlord
National banning order upheld by court marks a major milestone in the Council’s campaign against rogue landlords.
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National e-property sales initiative reveals plan for ‘no more delays’
The DPMSG represents areas of the sector with the greatest potential for accelerated digital adoption.
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Property experts rubbish Labour’s 25-year mortgage plan
Shadow Chancellor Rachel Reeves believes longer-term loans could help buyers, but they won't work here property experts say.
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The Conveyancing Association updates its Estate Agent Best Practice Guide
The Guide was launched 10 years ago to help conveyancers and estate agents improve communication between firms.
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Agents at risk of fuelling sanction evasion by putting trust in long-term clients
SmartSearch boss Guy Harrison says estate agents, financial services firms and accountants rely too much on client relations over sanctions screening.
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Tribunal orders agent to repay ‘holding deposit’
RSB Estate Agents must pay a £500 deposit back to tenant Andrea Aakanksha after trying to add extra charges.
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