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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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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Rent controls have ‘failed across the world, and would do in London’
Claim is made by Residential Landlords Association after it looked at schemes in US, Italy, Sweden and Germany all of which made renting more difficult.
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Three estate agencies expelled from The Property Ombudsman scheme
Three estate agents have been expelled by The Property Ombudsman all for failing to pass on rent to landlords.
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Industry stars to gather today at Parliament to get their qualifications awards
Lord Best is hosting the annual Propertymark gala event at the House of Lords as the government prepares to introduce compulsory NVQ Level 3 qualifications.
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Will Brexit prevent estate agents working in the EU?
Bill put forward by the Prime Minister yesterday makes no mention of how Brexit will affect schemes such as the European Professional Card for estate agents.
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Court freezes assets of family behind collapsed holiday home firm
High Court of Justice says assets including a Range Rover, Porsche and two family homes cannot be moved or sold until the end of October.
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