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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Exclusive: Land Registry to work with industry to speed up property sales
Source tells The Negotiator that Land Registry wants to encourage greater innovation within conveyancing and help agents and their clients.
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Financial watchdog encourages estate agency staff to ‘turn whistleblower’
FCA has launched whistleblowing campaign aimed at regulated companies including many estate agencies who sell mortgages.
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Purplebricks reported for two ‘misleading’ competitor comparison ads
Hybrid agency removes claims that it sold properties faster and for a higher average price than its top competitors.
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Tax Day: Government commits to significant business rates reform
The Government's 'tax day' announcements have been dubbed a 'damp squib' but do include plans to overhaul business rates.
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Tenant fees debate kicks off again over ‘unfair’ referencing charges
Students claim letting agencies who charge £25 to provide references for landlords are taking advantage of a 'loophole'.
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Letting agents still face CMP catch-22 as 1st April deadline looms
Approved client money protection scheme CMP says bank intransigence continues to hamper agents' attempts to comply with regulations.
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HMO managers face unlimited fines if they break new fire safety rules
Home Office says landlords or responsible persons will fall under the remit of the new Fire Safety Order, which follows the Grenfell tragedy.
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Cladding scandal will soon slam into the housing market, warn conveyancers
The Government's limited efforts to solve the crisis will soon lead to thousands of leaseholder bankruptcies, the SLC says.
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Yopa promises to be clearer about fees structure after complaint
Hybrid estate agency has told the Advertising Standards Authority it will be clearer in future about how its fee structure and timing works.
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NatWest to face criminal proceedings over alleged money laundering lapse
The bank, which is used by thousands of agents, is being taken to court over money laundering by the Financial Conduct Authority (FCA).
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