FAQs: Economic Crime and Corporate Transparency Act 2023

Letting agents in Scotland should review their reporting, inspection, and repair processes after the Scottish Government published new guidance to support the Investigation and Commencement of Repair (Scotland) Regulations 2026, which come into force on 6 October 2026. The Regulations apply to private rented homes covered by the Repairing Standard, as well as relevant social housing.

The Online Procedure Rule Committee has published a draft practice direction for a new digital service for County Court possession proceedings in England and Wales. Letting agents are unlikely to use the service in its first phase unless they work with an eligible social landlord. However, the pilot signals the direction of travel for possession proceedings.

Legislation to modernise Scotland’s compulsory purchase system will be brought forward during this parliamentary term, following a consultation in 2025. Propertymark’s views are quoted in the Scottish Government’s published consultation reports, reflecting the value of member insight in shaping reforms that can support housing, regeneration, and infrastructure while protecting the rights of property owners and occupiers.

The Future Homes and Buildings Standards will introduce new minimum requirements for energy efficiency, low-carbon heating and renewable electricity in new homes and non-domestic buildings in England. For property professionals, the changes will affect the homes coming to market, the systems buyers and tenants need to understand, and the information agents may need to provide about heating, ventilation, solar panels and energy performance.