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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Estate agents on The Rock face new AML crackdown
Authorities in Gibraltar fine agents for failing to comply with anti-money laundering regulations and say more will follow.
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Estate agency office used as ‘Chinese police station’ – claim
The branch registered as an estate agency is listed as one of the bases used by the Chinese Government, it is alleged.
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Business owners and landlords clobbered with CGT hike
Thousands of small business owners and landlords will bear the brunt of Jeremy Hunt’s quest to boost his Treasury coffers.
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Landlords and estate agents face even longer wait to evict tenants
The Law Society says last week’s Budget effectively resulted in a cut to justice spending which will delay court proceedings even further.
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Deadline to resolve banking disputes nears, agents warned
Long-standing banking complaints must be registered with the resolution service before 14 February.
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WARNING: Letting agency’s ‘tenancy break fee’ illegal, tribunal rules
The property tribunal orders a letting agent and landlord to repay £957 to a tenant who left a property early.
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Government’s private rented sector strategy ‘in tatters’ say landlords
Comments from NRLA come as speculation mounts of a further tax hike on rented housing in today’s Autumn Statement.
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Government ‘does not support rent controls’ says Minister
Minister Felicity Buchan says rent controls lead to “disinvestment in the sector, which is not good for anyone” in massive blow to London Mayor Sadiq Kahn.
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Staff sacked by property firm over emojis on text complaint group WIN case
Four employees were dismissed for submitting thumbs up emojis calling for an investigation into behaviour by senior staff.
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Agent apathy towards anti-money laundering could cost them dear
First AML's Simon Luke says nearly half of all property professionals ignore rising threat of money laundering fines and over a third haven’t reviewed the sanction list in the last month.
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