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The Department for Communities (DfC) plans to extend notice- to-quit periods for tenants who live in homes for longer periods to provide greater stability; however, this goal must be balanced with a structured and predictable framework for letting agents and landlords.
The Northern Ireland Dilapidation Bill aims to modernise and consolidate the rules which equip local authorities to tackle run-down, dangerous, or dilapidated buildings and land. It creates a single toolkit to support earlier action to protect amenities, aid regeneration, and keep people safe. The overall direction of the legislation is sound, and Propertymark is engaging with Ministers and MLAs to make improvements so that it will work better in practice.
The Digital Markets, Competition and Consumers Act (DMCC Act) was enacted on 24 May 2024 and provides regulation of competition in digital markets, amending the Competition Act 1998 and the Enterprise Act 2002 and encompassing the protection of consumer rights and other related rights.
Under the Sanctions and Anti-Money Laundering Act 2018, the UK Government introduced a new regime of issuing financial sanctions following the UK’s departure from the European Union. Under the Act, businesses specified in the Act have to report to Office of Financial Sanctions Implementation (OFSI) if they suspect they are engaging with a client who is under financial sanctions.