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We have responded to the Competition and Markets Authority (CMA) on its draft price transparency guidance under the Digital Markets, Competition and Consumers Act 2024 (DMCCA). From 6 April 2025 the DMCCA replaced the Consumer Protection from Unfair Trading Regulations, so the CMA’s approach will shape day‑to‑day advertising for every agent. Our message is clear: property is different, and the guidance must reflect that.
Propertymark has responded to HMRC’s consultation on plans to increase the fees it charges businesses it supervises under the Money Laundering Regulations, warning that higher costs could affect small, independent agents hardest and risk undermining compliance. Proposals include raising the annual premises fee from £300 to £400, reintroducing a £400 application fee, and restructuring penalty charges into a new sanction regime with fines of up to £2,000.
From 18 November 2025, identity verification will become mandatory for the incorporation and appointment of new directors and people with significant control (PSCs). Companies House is encouraging individuals to verify their identities as early as possible.
A BBC investigation has revealed that criminals used the UK Government’s unclaimed estates list to commit probate fraud. The list, published on the Gov.uk website, included details of around 6,000 estates left by people who died without a will or known heirs. It was taken offline in July 2025 after evidence showed fraudsters used it to submit fake wills and claim millions of pounds in assets.