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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Scotland extends evictions ban till March – will Boris follow suit?
Scottish housing minister says extended ban is designed to reduce burden on local authorities and curtail the spread of Covid.
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Industry welcomes Government’s sweeping reforms to leasehold home ownership
Government has revealed radical changes to many aspects of leaseholds including ground rents, extensions and retirement properties.
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Expert blog: Lax AML effort among super-prime agents is “appalling”
Expert Martin Cheek says too many agents are "rolling out the red carpet for fraudsters" following damning government report.
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AML judgement: Crime agency chalks up property ‘Unexplained Wealth Order’ success
NCA says Zamira Hajiyev must now explain where her wealth comes from or have properties worth £22m confiscated under AML rules.
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Half of all superprime agents breaking AML law, says shocking new report
Latest National Risk Assessment of AML and terrorist financing says government is taking action against agents involved, who sell £5m+ homes.
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Official: There will be no Stamp Duty holiday extension
Ministers have delivered the body blow to agents and buyers via its response to an online parliamentary petition.
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Ministers told extra £100m AML levy “simply unacceptable” during Covid and Brexit
Trade body makes comments as agents, accountants and other professional services providers wait to hear how much it will cost.
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Gloucester agency reported over misleading Rightmove ad
Two-branch Move Estate Agents is reported to Advertising Standards Authority over erroneously uploaded property details.
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Lettings agents ask for more time to comply with new electrical safety rules
ARLA Propertymark says lack of electricians, Covid and backlog of work needed makes 1st April 2021 target impossible to hit.
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New Code of Practice only three months away, says The Property Ombudsman
TPO policy lead Peter Habert tells meeting that new rules for estate agents, auctioneers and property guardians has been well received.
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