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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Number of agents complying with redress awards drops by 12 percentage points
PRS annual report also reveals average award nearly doubling last year as its membership increased by nearly a quarter.
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New industry guidance signals end to remote working but masks to remain
Propertymark says its more relaxed Covid guidance eschews remote working but says masks remains 'advisory' because pandemic is 'not over'.
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Chancellors apologises after campaigners highlight property repair delays
Spokesperson for agency says it is sorry tenant had to raise concerns with campaigning group Acorn to get repairs moving.
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Brexit means EU’s new AML police force can’t fine UK estate agents
But AML expert John Dobson warns UK must work closer with Europe to prevent Britain 'falling behind' in fight against money launderers.
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FCA urges regulated estate agencies to ‘upgrade’ their approach to diversity
New report by the financial regulator is seeking to consult regulated firms on how change can be speeded up.
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NI letting agents face regulatory onslaught as new Bill is prepared
If approved, the new legislation would upgrade smoke and fire detector requirements and regulate rents and deposits more vigorously in Northern Ireland.
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Welsh government to clamp down on second homes and holiday lets
Minister says action is needed as out-of-towners buying properties in second homes hotspots price-out young locals.
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CLADDING: ESW1 forms still ‘pose threat to property market’ says legal expert
Senior associate Susanna Caulfield at legal firm Rosling King says lenders need to be persuaded to take a more sensible approach to controversial certification framework.
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TPO reveals latest rogue agents excluded from its redress scheme
Ombudsman reveals seven agents almost all of which have ceased trading including one which is now being probed by The Insolvency Service.
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Stags asked to make selling fees clearer after complaint
Leading West Country agents agrees to make mandatory fees and 'plus VAT' clearer to potential customers.
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