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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Well-known Welsh estate agent with celebrity connections declared bankrupt
Alan Darlow who founded a chain of estate agents in Wales and the South West plans to appeal against the legal move.
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Estate agents slam Welsh Stamp Duty hike plans for second homes
Stamp Duty or LTT variation would complicate the buying process, and negatively impact the market, says Propertymark.
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Lenders agree to release mortgages on cladded flats
Six major lenders said they are reassured by recent government moves, and will now grant mortgages on flats in blocks with cladding.
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Letting agency’s HMO fine puts property managers on high alert
Belvoir Nottingham Central is ordered to pay more than £1.7k after breaching HMO licensing rules.
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Letting agencies to face £30k fines in new enforcement drive
Trading standards has warned rogue agents in the West Midlands they could be hit with heavy penalties for not complying with regulations.
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Phew! Minister rejects move to make EICRs compulsory for homes sales
Private Members Bill introduced by peer was debated on Friday in the Lords, during which Government whip said such electrical checks would complicate house sales.
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AML alert: criminal attacks rise as gangs target property firms
New research shows that one in five companies report increased threat of money laundering and other financial crimes.
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New cladding scheme to release ‘thousands’ of properties into sales market
New indemnity insurance scheme will cover surveyors who complete cladding inspections of towers, and ease the logjam.
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Belvoir branch punished by TPO after refusing to pay award
The Property Ombudsman blacklists a branch of Belvoir after it fails to pay a landlord for management failures.
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UPDATED: Trading Standards releases full details of ‘material information’ rules
New NTSELAT guidance follows months of collaboration between redress schemes, property portals and government.
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