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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Drastic changes for Welsh letting agents become law today
After several months of delay, letting agents and landlords must now adhere to changes within the Renting Homes (Wales) Act 2016.
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Property developer banned for 11 years over Covid loan fraud
Anthony Killarney from Brentwood was given a ban for falsely claiming a £50,000 loan he was not entitled to.
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Wales emerges as ‘most resilient’ to money laundering attempts
Martin Cheek, Managing Director of SmartSearch says Wales is the UK’s least vulnerable target area for Russian dirty money.
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Arguments over abolishing Section 21 hot up as Shelter sticks the knife in
NRLA says a new system for evictions must be an effective replacement for Section 21 as Shelter blamed notices for rise in homelessness.
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Michael Gove says private rented sector reform ‘will happen in 2023’
Legislation will be brought forward to improve the position of people in the private rented sector as Housing Secretary admits tens of thousands of properties are unsafe.
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Winkworth defends itself ahead of ‘day of action’ by renters union in London
A tenants’ union demanding rent controls in the capital similar to those already operating in Scotland has now threatened two top estate agency firms with action on December 3.
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Sadiq Khan pushes for ‘open’ National Rogue Landlord Database
London’s Rogue Landlord and Agent Checker has been used 388,000 times since 2017 and the Property Licence Checker accessed 125,000 times since 2020.
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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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