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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Agents facing hefty AML fines after big rise in penalties
Figures from Credas Technologies show increase of nearly 1000% in total amount paid by estate agents for anti-money laundering breaches.
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Now is the time to really reform Stamp Duty, Chancellor Kwarteng
Veteran industry commentator and agent Trevor Abrahmsohn passes a critical eye over speculation that Stamp Duty rates will change this week.
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BREAKING: Stamp Duty to be cut in mini-budget, it is reported
The Times reports that Liz Truss will make cuts to the hated land tax on Friday in a bid to bolster economic growth and help first-time buyers.
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Purplebricks faces info request complaint weeks after new compliance head appointed
Contractors for Justice (C4J), the group behind a class legal action against the struggling agency, has reported it to the Information Commissioner.
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Selective licensing scheme hits Birmingham agents and landlords
Birmingham follows in the footsteps of neighbouring cities such as Nottingham and areas further afield such as Durham and Liverpool.
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EXCLUSIVE: Propertymark warns agents on perils of Tenant Fees Act
Agents and landlords should revisit the list of permitted payments to ensure they are compliant and do not fall foul of the Act
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Anti-money laundering failure could cost agents dear, warns Propertymark
Failure to keep up to date with anti-money laundering rules could hit agents in the pocket as Government looks at second economic crime Bill
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Unexpected bank holiday could cause buying and selling chaos
Agents and conveyancers throughout the UK were desperately trying to move completion dates yesterday to avoid bank holiday clash.
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London Renters Union accuses letting agents of ‘pushing up rents’
Union blames "shameful" agents for using the cost-of-living crisis to heap more misery on the private rented sector.
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Nearly half of landlords denied access for safety checks
Agents and landlords have a legal requirement to make sure that their tenants are safe but compliance can be difficult if access is denied.
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