How to comply with the Money Laundering Regulations

The UK Government intends to begin a regional rollout of a Private Rented Sector (PRS) Database in England from late 2026. Its legal framework is already in the Renters’ Rights Act 2025; but questions remain about how the system will work, what information users must provide, and how much time agents and landlords will have to prepare. The final design must reflect how agencies operate to avoid adding a significant new layer of data entry, checks, and liability to every instruction.

Revenue Scotland has refreshed its guidance on how Land and Buildings Transaction Tax (LBTT) apply to leases. The update does not introduce new tax rules but provides a useful reminder that further returns may be required when a lease is reviewed, varied, assigned or ended. By treating LBTT as an ongoing responsibility, rather than a one-off task at the start of a lease, a lease begins, property professionals can support compliance by building tax prompts into their lease processes.

Two linked announcements are intended to reduce unnecessary delay, complexity and cost within England’s higher-risk building regime. One will change how occupied buildings are assessed, while the other could allow a wider range of urgent safety work to proceed without prior approval.

The Housing, Communities and Local Government Committee has called for stronger enforcement, better local authority funding, and faster implementation of key protections for tenants in the private rented sector (PRS). Propertymark gave evidence to the enquiry, highlighting that standards must be improved through clear, practical and consistent rules that support responsible landlords and agents, while targeting those who deliberately operate outside the law.