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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Fines for London letting agents rise as councils ‘clamp down’
Camden Council leads the way as fines for London letting agents totalled more than £8m in the last year – an increase of £1.5m, says new report..
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ARPM fall-out continues as former employee wins cash claim
Ash Residential Property Management went bust last year owing creditors £1.48m but it must now pay a former employee several thousand pounds.
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Want to buy a home in Wales? You must speak Welsh
New plans unveiled at the National Eisteddfod in Tregaron last week, could see Welsh speaking locals get first dibs on property.
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Spicerhaart faces more allegations of ‘pressure selling’
The multi-brand agency admits in an email to staff that tenants complained of being forced to take a deposit policy.
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Exclusive: rental transaction volumes continue to drop – claim
Mounting legislation and rising taxation is forcing landlords to reduce their portfolios or exit the market entirely, despite demand for rental property continuing to rise.
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Blow for TM Group as CMA orders Dye & Durham to sell it off
Hopes that a compromise may be found have been dashed by the CMA which has ordered Dye & Durham to sell its shareholding in TM Group.
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Letting agency drawn into national debate over eviction reform
Welsh letting agent Sarah Evans caught in the middle between struggling landlord selling up and cash-strapped tenants needing a home.
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Law Society urges caution as register of overseas entities comes into force
Estate and letting agents will be able to verify information but Law Society is worried rules will bring system down.
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WARNING: Court debt ruling could impact estate agency SMEs
Restructure plans for SMEs can now be approved by a court as precedent set in Houst case.
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Here’s how agents can help avoid another ARPM-style collapse
Letting agents and property managers should retain visibility and control directly over client and customer monies.
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