BEIS
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Latest property news
Estate agency ‘named and shamed’ over minimum wage failings
An estate agency firm has been officially named and shamed for paying staff less than the minimum wage. A new HMRC list includes north London firm Glenmore Property Services Limited as one of 191 who broke national minimum wage law between 2011 and 2018. The Brent agent failed to pay £2,794.97 to three workers. All named employers have been made to pay back what they owed, and were fined an additional £3.2 million collectively, after investigations found a total of £2.1 million was owed to more than 34,000 workers. HMRC acknowledges that while not all minimum wage underpayments are intentional, employers have a responsibility to stick to the law, pointing to clear guidance at gov.uk. Breaches can happen when workers are being paid on or just above the minimum, and then have deductions from their pay for uniform or accommodation. The government recently gave millions of people a pay rise, by increasing National Living Wage and National Minimum Wage rates in April, meaning that someone working full time on the National Living Wage will be taking home £5,400 more each year than they were in 2010. Business Minister Paul Scully (pictured) says: “Our laws are there to ensure a fair day’s…
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Latest property news
Property portals to face new fairness rules over paid-for ‘featured properties’
Business secretary says Government wants online platforms such as property portals to be clearer about 'paid-for' promotions.
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Latest property news
Government launches ‘risky’ plan to link EPCs to mortgage lending
NAEA boss Mark Hayward says proposals to make lenders put EPCs at heart of their lending would endanger housing market.
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Latest property news
Cardiff agent exposed for not paying National Minimum Wage
A letting agent in Cardiff has appeared in a list of over 200 companies in the UK for underpaying their staff the National Minimum Wage. Kingston City Properties, which trades as Kingstons Residential and is based in the central Cathays area of Cardiff, is one of the 230 companies who the Department of Business, Energy and Industrial Strategy (BEIS) has identified as underpaying wages and fined a total of £1.9 million. Kingston City Properties has been going since 1999 and its letting business is well known in Cardiff as it sponsors the Cardiff Met rugby team. The companies on the list must also return the unpaid wages, which in the case of Kingston City Properties is £636 unpaid to one employee. This is the 12th round of ‘naming and shaming’ that BEIS has initiated and there are currently 2,000 firms under investigation at the moment. Once a company has been reported and investigated, it can then appeal but, if the appeal is rejected, their name is then published. BEIS says the latest list represents £2 million in back-pay for some 13,000 workers within the different categories of company, most of which are retail, food, hospitality and hairdressing firms. Since 2013,…
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