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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23% more landlords move to Ltd company status as tax increases bite
Official data reveals surge in applications by landlords to incorporate their businesses as mortgage interest relief tapers off.
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Government takes next step towards controversial property developer tax
Ministers are asking property industry how best to tax companies building homes to help back its cladding remediation fund.
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Redress boss: Agents must take ‘material information’ seriously or face problems
Sean Hooker of the PRS says inconsistent information uploaded to portals could increasingly expose agents to legal and regulatory action.
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Cladding consultation launched to prepare for key code of practice
Homeowners and building owners are being asked what new code should contain to help assessors give consistent advice on remedial work.
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Infamous letting agent wins appeal after being barred from industry register
David Love successfully argued at a tribunal that he and his firm should not have been barred by Ministers from the Scottish Letting Agency Register.
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Property business duo face FCA prosecution over mortgage fraud
An investigation by the FCA found that Larry Barreto and Tassib Hussein had helped clients apply for a mortgage via bogus paperwork.
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Conveyancers face disciplinary hearing as police probe ‘speedy house sales’ firm
Meena Kumari and Teena Kumari Banga are alleged to have processed house sales that left vendor clients of website substantially out of pocket.
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Tenants will not have to be re-checked by agents for Right to Rent says Home Office
Face-to-face Right to Rent checks are due to restart soon but tenants will NOT have be re-checked for agents to be compliant, says Home Office.
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Agents asked to comment on portal ‘material information’ ahead of guidelines
Trading Standards wants to know industry's views as it prepares to bolt down minimum information agents must upload to portals.
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“Boris, everyone will soon need protecting from Covid rent arrears”
Terry Mason of Housing Hand says unless the government intervenes, agents could soon end up stuck between desperate landlords and tenants.
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