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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Rightmove calls for Stamp Duty changes after first-time buyer hike
Rightmove's Colleen Babcock says the average bill for first-time buyers tops £4.6k extra a year after a temporary Stamp Duty relief period ended.
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Edinburgh suspends 300% second homes tax premium after eight days
Huge rise in Edinburgh's Council Tax has been put on hold while its impact is assessed, according to Councillor Mandy Watt.
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The Property Ombudsman expels six companies
Chief Ombudsman Lesley Horton says the companies were kicked out for failing to pay compensation awards made against them.
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Last-minute surge in evictions as law change looms
Charities and pressure groups sound the alarm over 65% increase in no-fault eviction cases ahead of May ban.
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Legal challenge threatens serious setback to leasehold reforms
Labour’s flagship housing policy could collapse “like a house of cards” if courts overturn legislation, warns property legal expert James Carpenter.
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RICS launches consultation on party wall guidance
James Kavanagh, RICS Head of Professional Practice, says the consultation will help shape updated guidance for professionals working under the Party Wall etc. Act 1996.
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Renters’ Rights Act: tech steps up to help agents adapt and comply
With the Act close to implementation, property software suppliers are rising to the challenge by building compliance into property management processes.
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Rightmove legal action backer could be set for £100m payday
The subsidiary of the hedge fund manager Elliott Management could be paid the sum if the £1.5bn legal action is successful.
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Next steps on letting agent regulation due ‘later this year’
Baroness Taylor says Labour is determined to regulate industry based on Lord Best's recommendations where previous Tory housing ministers failed to take action.
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Rightmove’s share price drops 10% on legal action news
The share price drop followed a £1.5billion legal action being filed against Rightmove, by Jeremy Newman, a former panel member of the Competition and Markets Authority.
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