Memorandum of Sale Checklist

A package of fundamental reforms, centred on upfront information, digital data and ID, higher professional standards, and earlier binding agreements, has been released for a 12-week public consultation. Designed to make home moves quicker, more certain, and less stressful, the changes could cut typical timelines by up to four weeks and save consumers about £255m a year, according to the Ministry for Housing, Communities and Local Government (MHCLG).

We have responded to the Competition and Markets Authority (CMA) on its draft price transparency guidance under the Digital Markets, Competition and Consumers Act 2024 (DMCCA). From 6 April 2025 the DMCCA replaced the Consumer Protection from Unfair Trading Regulations, so the CMA’s approach will shape day‑to‑day advertising for every agent. Our message is clear: property is different, and the guidance must reflect that.

The Scottish Government has set out plans to modernise the 200-year-old legislation that underpins Compulsory Purchase Orders, making them fairer, faster and simpler for public bodies to use, and easier for people affected to understand. By removing barriers to the use of these powers, MSPs hope they can be used more frequently to support the delivery of new homes, infrastructure, and regeneration projects. However, the scale of the reform needed means legislation is unlikely to be brought forward until after the next Scottish Parliament Election in 2026.

In a significant policy announcement on 15 July 2025, Chancellor Rachel Reeves, MP, unveiled plans to enhance homeownership opportunities across the UK by providing government backing to lenders who offer mortgages with deposits as low as 5%. By making this scheme permanent, the UK Government aims to stabilise the housing market and assist more people in becoming homeowners.