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CMA to update guidance for lettings sector
Following complaints about a significant minority of landlords and letting agents who are not complying with Consumer Protection Regulations, the CMA (Competition and Markets Authority) will re-issue guidance, and investigations will then take place to check compliance followed by enforcement action where necessary.
Clarity provided on property advertising terms
The terminology surrounding the renting and sale of properties can be confusing for some consumers and new guidance from the National Trading Standards Estate and Letting Agency Team (NTSELAT) provides definitions of commonly used terms to improve consistency and understanding for everyone involved.
Limiting carbon monoxide poisoning must be achieved in a practical and deliverable way
Propertymark teamed up with Policy Connect, a membership-based, not-for-profit, cross-party think tank that provides the secretariat to the All-Party Parliamentary Carbon Monoxide Group (APPCOG) to respond to the Welsh Government consultation on carbon monoxide alarms.
HMOs should be banded as one property for Council Tax
Propertymark broadly agrees with the UK Government's proposal to review bandings for Houses in Multiple Occupancy (HMOs) in England so they are banded as one property with the landlord liable for the bill, which is the fairest and easiest system to manage.