How to comply with the Money Laundering Regulations (auctioneers)

Letting agents and property managers will be able to submit and update certain property details on behalf of landlords through England’s new ‘Register your rental property’ service. Guidance published on 29 October 2026 explains how this will work, who is responsible, and how teams can prepare before the service launches in December.

The UK Government aims to deliver new legislation which speeds up the removal of unsafe cladding, strengthens enforcement against those delaying work, and gives public authorities powers to step in when remediation stalls. For managing agents, the proposals could bring greater scrutiny of assessments, project progress, and communication with residents.

The latest Auctions Barometer highlights the sector’s resilience despite economic uncertainty. Nine in ten members surveyed reported stable or increased numbers of lots achieving their reserve price, while 55% saw an increase in lots exceeding reserve prices. The report explores auction performance and key challenges facing the sector.

The UK Government has opened a consultation on extending Awaab’s Law to private rented homes in England. Rather than placing new duties on landlords to carry out repairs, the proposals set clear legal expectations about the timeframes within which homes must be made safe if they contain serious hazards, while also empowering private renters to challenge dangerous conditions. Propertymark is calling on members to get involved in our work to ensure proportionate regulations packaged with meaningful support for agents and their landlords.