Latest News

Universal Credit update

13 November 2018

With Universal Credit (UC) being in the news so frequently, it's easy to loose track of recent changes and advice. So, to help you, we've highlighted some of the key messages from the Department for Work and Pensions (DWP), and provided links for further information. Read More...

Government announces proposals for new Housing Court

13 November 2018

The Government has today launched a consultation which looks at reforming the routes to justice for both landlords and tenants, with the most radical option being to set up a new Housing Court. Read More...

Selective Licensing lowdown

12 November 2018

Selective Licensing and Additional Licensing schemes continue to be adopted by local authorities across the country, despite evidence that suggests they simply do not work. We take a look at few of the most recent ones that have either come into force or will be coming into force shortly, and tell you what we're doing to help you understand them. Read More...

Industry Regulation becomes a reality

Sunday 01 April 2018

Government has today announced its response to recent consultations on industry regulation and Client Money Protection in England. If passed, the new measures will mean that agents will be required to adhere to a new Code of Practice and obtain a nationally recognised qualification, with at least one person in every organisation required to have a higher qualification.

A new independent regulator will have responsibility for agents' working practices, with enforcement powers to deal with rogue agents. There may also be criminal sanctions for those who severely breach the code.

Other proposals include support for leaseholders to challenge service charges that they feel to be unfair and switch their managing agent.

The new Code of Practice will be developed by a working group comprising representatives of letting, managing and estate agents, along with tenants and regulation experts.

David Cox, Chief Executive, ARLA Propertymark comments:

"We are hugely supportive of these proposals. After 20 years of campaigning, the Government has finally listened to our call for proper regulation of the industry.

"For the last two decades, successive Governments have passed significant amounts of complex legislation on landlords; none of which have been properly policed or adequately enforced. These announcements demonstrate a very sensible shift towards focusing on the root cause of the issues affecting the sector rather than trying to find legislative solutions to individual problems.

"For landlords, their rental property is usually their biggest asset after the home in which they live; and for tenants, it’s their home. It must be the right of every landlord and every tenant to have a letting agent who knows what they are doing, is professionally qualified and the money they entrust to their agent is protected. This is a huge step towards creating a level playing field across the industry, and we look forward to working with the Government on this."

READ THE DETAILS HERE

CLIENT MONEY PROTECTION

We are delighted that the government's response to the consultation on Client Money Protection is to introduce privately-led schemes alongside civil penalties of up to £30,000 for agents who do not comply with the scheme.

READ THE DETAILS HERE