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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Stamp Duty hike for overseas buyers of UK property
Formally announced in the Budget, a stamp duty surcharge of 2% of the purchase price of a property for buyers from overseas will take effect next year.
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Chancellor unveils £30bn Budget spending boost
Sunak launches massive £30bn stimulus package to boost UK economy including major boost for UK housebuilding.
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Chancellor to review business rate system
Is the high street about to be saved? A major review of the controversial business rate system is likely in tomorrow’s Budget.
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Letting agency fined £12,000 after falsely claiming safeagent membership
London firm Matthew Estates was found guilty of five offences after Trading Standards officers, working with Safeagent, discovered their membership claims were false.
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Not again! Mayor of London calls for rent controls as he launches re-election bid
Sadiq Khan tell supporters at his Hackney launch yesterday that the “Prime Minister will have to give us the powers we need" to introduce a rent cap in the capital.
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Letting agents urged to ‘pull their fingers out’ and comply with CMP by minister
MPs last night voted through the government's proposal to extend the cut-off period for compliance with CMP rules to April 1st as problems finding pooled accounts continue.
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Campaigners celebrate as regulator savages home builders over leasehold mis-selling
Leasehold Knowledge Partnership says it's years of campaigning on leasehold reform has been 'spectacularly vindicated'.
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As industry awaits reservation agreements, Propertymark launches initiative to ‘prevent fall-throughs’
NAEA's three-document 'sales protocol' toolkit, which some might call 'HIPs lite', is designed to speed up the process by bringing forward the information needed to speed up a sale's progression.
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Trading Standards given new role in regulating ‘Win a House’ property raffles
The National Trading Standards Estate and Letting Agency Team is to deal with complaints about this unusual and increasingly popular way of selling a home.
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