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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Scottish agent register faces its first test as landlords call for letting agency to be banned
Scotland's rogue letting agent database is to be put to the test as soon as it goes live in October over a complaints about a Lanarkshire agency.
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Property industry regulation is “failing consumers” says exiting ombudsman
Exiting alternative dispute resolution provider Ombudsman Services has said industry regulators are failing consumers.
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Digital revolution in local searches kicks off as first council transfers data online
Warwick District Council is the first local authority in the UK to transfer all its local search data to a government-backed central register.
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Revealed: rules letting agents must follow to join new CMP schemes
Details of the new Client Money Protection schemes that letting agents must join before April 2019 are shaping up.
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Nottingham selective licensing scheme a “shambles” says leading letting agent
A selective licensing scheme in Nottingham due to come into forc on 1st August 2018 faces open revolt among local landlords and agents.
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‘75% of industry supports tougher laws on foreign ownership of UK property’
The government has claimed that 75% of property industry support new tougher laws on foreign companies that own UK property.
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Online agent reported to watchdog over ‘misleading’ ads for parcels of land
An agent based in London that specialises in land and property for investment purposes has been reported to the Advertising Standards Authority (ASA) after a member of the public complained about one of its online ads. Exclusive Property Sales and Consultants sells land, commercial and residential investment opportunities and has an address at serviced offices near Victoria railway station. It describes itself as an online agent. ‘Misleading’ ad It was referred to the watchdog because, it was claimed, its advertisement for several parcels of land in the Home Counties could have been construed as misleading. The property advertisement was seen both on its own website and on Rightmove and Zoopla and, the complainant told the ASA, did not make it clear that access to the parcels of land for sale was only either on foot or by tractor/4×4 via third party land. “We brought these concerns to the advertiser’s attention,” the ASA says. “It agreed to amend the ads and remove any statements about the access or use of the land.” Following the informal agreement between the ASA and Exclusive Property Sales and Consultants, the offending ad appears to have now been removed from the company’s listings. Read more about…
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Belvoir set to double number of rent guarantee policies as tenant fee ban looms
Belvoir says its partnership with Let Alliance is paying dividends as its franchisees sell more rent guarantee insurance to plug looming tenant fees ban.
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Radical leasehold reform programme recommended by Law Commission
The Law Commission has suggested a radical leasehold reform within England and Wales including radically lower costs of acquisition.
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Burnham-on-Sea cartel agent is expelled from RICS
A Burnham-on-Sea agent and partner in Greenslade Taylor Hunt has been expelled from RICS after helping organise a fee fixing cartel in the Dorset seaside town.
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