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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Conveyancing platform questions reservation agreements
Although popular with consumers, reservation agreements could prove difficult to implement unless the reasons why people can withdraw are clearly set out, says Reallymoving.com.
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Criminal family surrender 16 properties worth £8.1 million after investigation
In one of the UK's extraordinary proceeds of crime recovery cases, the National Crime Agency has persuaded the Davies family to surrender the assets.
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Grenfell cladding debacle has left 600,000 owners struggling to sell homes
Claim is made by Labour Party which says bungling over cladding is forcing surveyors and lenders to under-value some properties within towers over 18m tall.
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Rogue agent starts seven-year prison sentence after ‘sophisticated fraud’
Employer, Martin & Co. dismisses property manager, compensates clients and says it is reassured internal system picked up the fraud.
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Landlords square up for a scrap with Boris during the General Election campaign
The RLA says the regulations that letting agents and landlords must comply with have increased by a third since 2010 and has called for licensing schemes to be scrapped.
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RICS fines Countrywide after it admits breaking rules on client money protection
Decision follows a hearing during which it was revealed that the agency had improperly transferred £10 million of client funds over a ten-year period.
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Exclusive: what to expect when RoPA becomes law, from its chief architect
Lord Best talks about RoPA and the significant changes it will soon bring about for estate agents and later house builders, landlords and freeholders.
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Estate agency fined £40k after admitting nine counts under unfair practices law
Meridian Estate Agents in Bournemouth was charged in March with 11 counts but has now been fined after admitting nine of them on the first day of its trial.
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It’s time to police Airbnb and other short-lets platforms, says Lord Best
Lord Best, architect of the RoPA proposals that will see estate agents regulated by 2022, says such a huge housing sector can no longer carry on unsupervised.
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What a stink! New septic tank rules set to upset rural sales
Upgrading the tanks can be costly and failure to react could cost even more when buyers lower their offers or walk away from a purchase.
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