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The Building Safety Levy (England) Regulations 2025 have been laid before Parliament, marking a significant step in the UK Government’s ongoing effort to secure swift remediation of buildings with historical safety defects. Subject to approval, the Levy will be charged to developers and used to pay for the remediation of building safety defects, protecting leaseholders from those costs, and is expected to raise £3.5 billion over ten years.
194 agents have incurred penalties totalling over £1 million for breaches identified by HM Revenue and Customs between October 2024 and March 2025. The vast majority are a result of failing to register for Anti-Money Laundering (AML) supervision on time – the most common reason agents are fined. This highlights how important it is for property professionals to understand the rules, apply correctly, and maintain an up-to-date registration with HMRC.
Our robust response to the House of Commons Foreign Affairs Committee consultation on sanctions scrutiny outlines the disparity between the sanctions and anti-money laundering (AML) regimes and underscores the necessity for clearer, more consistent regulations and stronger UK Government support for letting agents navigating complex obligations. Implementing our recommendations will bolster compliance, protect agents, and significantly reduce the risk of economic crime in the UK property sector.
The Data (Use and Access) Act 2025 officially became law on 19 June, marking the biggest update to the UK’s digital data laws since Brexit. The Act amends — but does not replace — the UK GDPR, the Data Protection Act 2018, and the Privacy and Electronic Communications Regulations (PECR). For Propertymark members, the new law presents a golden opportunity to streamline processes and embrace innovation, all while continuing to protect people’s personal data.