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Preparing for rental reform: why prescribed information still counts
Propertymark works to ensure our members understand the full extent of their legal obligations, and for letting agents this includes tenancy deposit protection. The Siddeeq v Alaian court case highlighted concerns about how and when prescribed information must be served, and with the implementation of the Renters’ Rights Bill on the horizon, it’s a relevant reminder that agents must be precise and compliant when dealing with tenancy deposits in England and Wales.
FAQ: Digital Markets, Competition and Consumers Act 2024 (Commencement No. 2) Regulations 2025
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.
The CMA takes up the reins of consumer enforcement on 6 April, but what does it mean for property agents?
The Digital Markets, Competition and Consumers Act (DMCC), which passed into law on 24 May 2024, contains provisions to prohibit unfair commercial practices, replacing and updating the Consumer Protection from Unfair Trading Regulations 2008 (the 2008 regulations). The legislation hands direct enforcement powers to the Competition and Markets Authority (CMA), giving them the authority to act on breaches of consumer protection rules, including requirements for providing material information.
Warning over rent spikes in the vacuum between Cost of Living and Housing Bill
The Scottish Government is rolling the Housing (Scotland) Bill through the Scottish Parliament which will introduce new permanent rent control and adjudication regulations. However, between 31 March 2025 and the enactment of the Bill, there will be a period when rent assessments revert to pre-Cost of Living Act terms.