THE PATH TOWARDS REGULATION

Back in July the Ministry of Housing, Communities and Local Government released a report that has put Estate Agents on the path towards the regulation of estate agents in the UK and letting agents in England.   While we don’t know what regulation will look like in its final form, the report showed the recommendations of the [...]

By | 2019-11-27T21:09:47+00:00 November 27th, 2019|Categories: Lettings, Regulations, Sales|0 Comments

Demand for clear information on new Deposit Cap legislation

In April, the UK’s largest tenancy deposit protection scheme (by the value of deposits protected) launched DepositCap.com, an online resource to provide information to those who will be affected by the new legislation, and it has already seen over 17,000 unique visits. The resource centre offers examples of how the Tenant Fees Ban could affect [...]

By | 2019-07-19T15:16:32+00:00 July 19th, 2019|Categories: Landlord, Regulations|0 Comments

Landlord confidence key to possession reforms

Section 21 repossessions should be retained in the private rented sector unless and until a new system is in place that provides landlords with the same level of confidence about repossessing properties in legitimate circumstances. Groups representing landlords and letting agents forming a ‘Fair Possessions Coalition’ have united in warning that plans to abolish Section [...]

By | 2019-07-19T15:13:40+00:00 July 19th, 2019|Categories: Landlord, Lettings, Regulations|0 Comments

Regulation of Property Agents Working Group (R0PA) report to Government

The Ministry for Housing, Communities and Local Government (MHCLG) has released a report on the recommendations of the Regulation of Property Agents Working Group (RoPA) proposing a new regulatory framework to cover estate agents across the UK and letting and managing agents in England only. The report comes as part of work to raise professional [...]

By | 2019-07-19T15:10:26+00:00 July 19th, 2019|Categories: Lettings, Regulations, Sales|0 Comments

Government consult on extending AML rules to lettings

The Government have launched a consultation on extending the anti-money laundering rules to cover letting agents as set out in the Fifth Money Laundering Directive (5MLD). Under 5MLD, the scope of obliged entities within the property sector is expanded to include the letting agency sector for high value transactions with a monthly rent of 10,000 Euros or [...]

By | 2019-04-24T17:19:28+00:00 April 24th, 2019|Categories: Landlord, Lettings, Regulations, Tenants|0 Comments

Government plans to abolish Section 21

The UK Government has announced plans to consult on new legislation to abolish Section 21 evictions – so called ‘no-fault’ evictions in England. This will effectively create open-ended tenancies, and lead to what the Government believe will be more effective means of getting their property back when they genuinely need to do so. Under the [...]

By | 2019-04-24T17:15:37+00:00 April 24th, 2019|Categories: Landlord, Lettings, Regulations, Tenants|0 Comments

Continue to carry out Right to Rent checks

In a letter from Rt Hon Caroline Nokes MP, Minister of State for Immigration, to ARLA Propertymark dated 15 March 2019 the Government has confirmed that there are no immediate changes to the operation of the Right to Rent policy and landlords and letting agents are still obliged to conduct checks as required in legislation. [...]

By | 2019-03-25T12:06:09+00:00 March 25th, 2019|Categories: Landlord, Lettings, Regulations, Tenants|0 Comments

TENANT FEE BAN – June 1st 2019

The biggest change in the letting industry since the housing act of 1988.  In our opinion a ‘CROWD PLEASING’ move by the Conservative government in conjunction with the Labour party who included it within their election manifesto prior to the last two general elections. We say a crowd pleaser!, as in our opinion this is [...]

By | 2019-02-19T18:41:01+00:00 February 19th, 2019|Categories: Landlord, Lettings, Regulations|0 Comments

GOVERNMENT ANNOUNCEMENT ON ELECTRICAL SAFETY CHECKS

Today, the Ministry of Housing, Communities and Local Government (MHCLG) has announced that mandatory five-year electrical installation checks on private rented housing in England will be introduced in a phased approach.   Whilst the implementation date has not yet been clarified, MHCLG has stated its intention to introduce legislation as soon as parliamentary time allows, [...]

By | 2019-01-29T17:19:10+00:00 January 29th, 2019|Categories: Landlord, Lettings, Regulations|0 Comments