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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Watch out, HMRC’s about as estate agency AML fines start to rise
The average Anti-Money Laundering (AML) fine issued to the estate agents for non-compliance has started to climb, reversing the previous downward trend seen throughout the pandemic.
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Housing minister insists RoPA reforms ‘still in pipeline’
Lucy Frazer told MPs the Government is committed to improving professional standards, but couldn't say when reforms would be made.
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Martin & Co agency owner jailed for fraud offences
Bhavander Singh Sanghera was convicted after a court heard a tenant was told to pay the utility bills for two properties.
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Government must fund Net Zero changes, Propertymark urges
The industry body says homeowners and landlords cannot be expected to replace gas boilers without help.
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Scotland’s letting agency qualifications need to be enforced
Enforcement of Scotland’s mandatory qualifications for letting agents is vital for success, says association leader.
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Leaseholders face new questions on building safety
The Law Society says property forms requiring extra information from leaseholders will help buyers secure a mortgage.
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Banks still hindering letting agents, warns Propertymark
Letting agents are still finding it hard to maintain their pooled client accounts from high street banks who continue to misinterpret anti-money laundering regulations.
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Leading agencies call for Government to reinstate tax relief for landlords
Foxtons and Benham and Reeves have joined a chorus of industry experts backing a petition calling for the government to reinstate tax relief for landlords.
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