Tagged: regulation

Mandatory Client Money Protection moves a step closer

Mandatory Client Money Protection moves a step closer

Numerous cases of letting agents making off with clients’ money have been documented over the years, and to many, it seems scandalous that letting agents who handle large sums of money on behalf of...




Claims made that buy-to-let becoming too complex

Claims made that buy-to-let becoming too complex

According to Your Move and Reeds Rains, the results of a recent survey demonstrate that the government’s reduction of mortgage tax relief on buy-to-let properties is a major factor causing 50% of landlords to...




Mandatory licensing of HMO’s set to change

Mandatory licensing of HMO’s set to change

Currently, the mandatory regime applies to shared rental homes of three or more storeys occupied by five or more people who do not form a single household.  From next year however this will be extended...




Chancellor confirms that Bank of England has powers to regulate buy-to-let market

Chancellor confirms that Bank of England has powers to regulate buy-to-let market

The UK Chancellor, George Osborne, has confirmed that the Bank of England and Financial Policy Committee (FPC) have requested, and been granted, additional powers to control buy-to-let lending. These powers are an extension to...




Rent Smart Wales going live on November 23

Rent Smart Wales going live on November 23

The date has been set for when the new compulsory system of registering and licensing for agents and landlords in Wales is going live.  Letting Agents and landlords will have 12 months in which to comply...




Government queried on Right to Rent pilot

Government queried on Right to Rent pilot

The Shadow Home Secretary, Andy Burnham, will today use the official House of Commons Home Office question time to quiz Home Secretary, Theresa May, on the results of the pilot Right to Rent project....




Smoke and Carbon Alarm Testing

Smoke and Carbon Alarm Testing

From October 1 landlords in England will be required to install smoke detectors on every floor of their property where someone is living or partially living as well as install Carbon Monoxide alarms in any...