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Material Information ×
Displaying 19 results
Estate agent stood outside of branch
09 May 2025
Material Information guidance withdrawn as the Digital Markets, Competition and Consumers Act takes over

The property sector has seen a significant regulatory shift with the quiet withdrawal of the National Trading Standards Estate and Letting Agency Team (NTSELAT) Material Information Guidance. This change coincides with the enforcement of the Digital Markets, Competition and Consumers Act (DMCC Act) on 6 April 2025 which supersedes the Consumer Protection from Unfair Trading Regulations 2008 (CPRs) and has shifted power over consumer protections to the Competition and Markets Authority (CMA).

Japanese Knotweed
05 Mar 2025
Data shows Japanese knotweed consistently mistaken

Harmless plants, including Bindweed and dogwood, are frequently mistaken as Japanese knotweed, leading to unnecessary alarm and potential complications during property transactions, and further education is needed to help with identification.

Unhappy couple with boxed up home
19 Feb 2025
Warning for estate agents after High Court case of misleading details

The buyers of a £32.5 million mansion sued the seller after he failed to give honest information about the state of the property in pre-sale enquiries, particularly, a serious moth infestation. As a result, the court ordered the sale to be reversed, with the buyers receiving a refund of the purchase price plus £4m in damages, including compensation for ruined items.

Lit up sales sign.
08 Nov 2024
What estate agents need to know about the Renters Rights' Bill

Agents working with landlords who want to sell a property with sitting tenants must be well-versed advising clients effectively on realistic pricing and the potential impact on the buyer pool, and with tenancy reform at the heart of the Renters’ Rights Bill, watertight paperwork and record-keeping will be more important than ever, for buyers, sellers and agents.

Land registry .jpg
08 Apr 2024
Agents need land revenue services to be accessible and affordable

HM Land Revenue (HMLR) provides vital information for agents listing properties to let and sell and completing the sales process. Quick, cost-effective access to these services is more important than ever as the industry adjusts to the latest material information guidance.

Aerial view of Wimbledon South London
09 Feb 2024
Clear land ownership details to reduce economic crime

The UK Government wants to improve the transparency of land ownership involving trusts, which will prevent unnecessary barriers to the sales process. Propertymark generally supports these efforts that will ensure agents can effectively help money laundering and economic crime in the UK property market. Agents, however, must be included in the list of professionals who can access the enhanced ownership details.

Marketing lettering cut out from brightly coloured paper
30 Jan 2024
Communicating correctly about leasehold properties

If the Leasehold and Freehold Reform Bill becomes law, it’s expected that the sales market for leasehold properties will be reinvigorated. Leasehold is a complex area and can be intimidating for agents and consumers, so what are the fundamentals of the current situation, and how will this change if the Bill is introduced?

Woman looking at properties in window
16 Aug 2023
Clarity provided on property advertising terms

The terminology surrounding the renting and sale of properties can be confusing for some consumers and new guidance from the National Trading Standards Estate and Letting Agency Team (NTSELAT) provides definitions of commonly used terms to improve consistency and understanding for everyone involved.

Looking up at tower block
07 Aug 2023
Upfront information requirements bolstered by UK Finance update

An amendment to the Mortgage Lenders’ Handbook for Conveyancers now states that details of remediation work under the Building Safety Act 2022 must be requested for transactions involving leasehold flats in England. Estate agents dealing with this type of property where remediation work is current or planned or has previously taken place must ensure the particulars are recorded and shared with stakeholders.

Serious flood with cars under water
17 Apr 2020
Assured Advice 38: Pollution and flood risk

Would it be a misleading omission to fail to give information about pollution levels or flood risks for a residential property for sale or let?

Propertymark Professional Information Questionnaire for sales
28 Jan 2020
Property Information Questionnaire (PIQ) for sales

Propertymark’s Property Information Questionnaire (PIQ) is a credible structure to underpin the work property agents do with their clients to gather information.

Blue for sale board in a row of agency boards
17 Dec 2019
Assured Advice 37: Violent deaths and paedophiles

We have advice from Warwickshire County Council Trading Standards around whether agents need to disclose whether the previous occupant was murdered, committed suicide or a paedophile.

Estate agent's window
03 Dec 2019
Dispute on material information accuracy leads to court case

Agents must be aware of the need to conduct due diligence checks on material information, as vendors from Oxfordshire are being sued for damages after claims they failed to disclose accurate information to their buyers. The buyers withdrew from the sale after the exchange of contracts when information of a planned nearby hotel development came to light.

Couple looking at estate agents window display
23 Sep 2019
Assured Advice 17: Displaying letting fees

Is it misleading for a letting agent not to display tenant and landlord fees in their offices?

Landscape view of Penrith Town in Cumbria, England
17 Apr 2019
Assured Advice 34: Property Information Questionnaire

Does the Propertymark Property Information Questionnaire, if properly completed, ensure compliance with the Consumer Protection from Unfair Trading Regulations 2008?

Japanese Knotweed
14 May 2018
Assured Advice 7: Consumer Protection Regulations and certain situations

In this issue, Warwick Trading Standards Service answer questions on restrictive covenants, planning applications, Japanese Knotweed, parking at flats and a question whether you should disclosure that previous tenant was electrocuted and died.

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