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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‘Unfair’ redress system for dual fee disputes must be reformed, says agent
London agency Brian Cox is unhappy after being told to return an £8,000 fee even though competitor could not prove it had passed on offer.
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Letting agents warned to brace for upheaval when eviction bans ends
NRLA says many of the 840,000 tenants behind with their rent have little hope of catching up unless government intervenes with financial help.
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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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