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Trading Standards is examining the impact of Rent-to-Rent and Guaranteed Rent (R2R) schemes on the private rented sector (PRS) in England, with the aim of identifying and evidencing areas of good practice, and issues of relevant non-compliance or emerging concerns. Propertymark was invited to provide input to an exploratory consultation as an interested party.
After the invasion of Ukraine, the UK Government took steps to address growing concerns of money laundering and other economic crime from Russian and foreign entities operating in the UK or with UK companies. This led to the introduction of the Economic Crime (Transparency and Enforcement) Act in March 2022.
Propertymark was invited to give evidence to the Levelling Up, Housing and Communities Committee (LUHCC) as part of their inquiry into the role the UK Government, local councils and developers have in ensuring the delivery of suitable housing for disabled people, and what the UK Government can do to support disabled tenants in the private rented sector.
Property agents should be aware of potential risks and help educate their clients and tenants to be on the lookout for common scams, especially with growing awareness that decarbonising homes is on the UK Government's agenda.