Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition & Consumers Act.
Required Reading: National Trading Standards publishes full guidance on new Material Information rules
Providing prospective buyers or tenants with more up-front information about a property should result in shorter transaction times and fewer fall-throughs.
What ‘material information’ should be legally required on property listings?
"Consumers want more information", says National Trading Standards's Estate and Letting Agency team, as it launches a survey to find out what property agents think should be essential on all portal listings.
‘Significant flaws’ in register of overseas entities allow property owners to flaunt transparency rules, finds study
"There is no point building a dam halfway across a river," say academics as they outline ten ways to close multiple loopholes in the Register of Overseas Entities.
Most read
Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Project London doubles revenue & kicks off international expansion
High-end design studio founded by two former buying agents reports 'landmark' year & gears up to launch Dubai base.
Expanding brokerage signs super-prime Surrey specialist from Savills
Ben Hehir will be based between the firm's Cobham office & Mayfair HQ.
Relaunched luxury scheme leads resi revival in St James’s Park
Sales team reports renewed buyer interest at The Broadway as raft of redevelopments signal SW1 'renaissance'.
Prime Purchase adds new director in the Cotswolds
Savills-owned buying agency continues its recruitment drive, strengthening its country team with another established operator.
My Property Career: Quickfire Q&A with Chelsea Whelan
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Prime Central London price declines to ‘bottom out’ early next year – JLL
UK house prices set for +20% growth in the next five years, predicts leading property consultancy.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
In Pictures: North London mansion offered for sale for first time in 25 years
The eight-bedroom home with a 1,000 sq ft drawing room has an 'exceptional sense of privacy & security', says Dexters
Douglas Elliman carves out new territory in the French Alps
Exclusive: Fresh from its arrival in the French Riviera and Monaco, the US brokerage is pushing into the super-prime Alpine markets of Chamonix and Morzine.
LATEST ARTICLES
Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
National agency reports 173% post-Budget jump in property listings
'Forget Boxing Day,' says Strutt & Parker as it identifies a 'post-Budget Bounce triggering unseasonal December market activity'
Oona Collins: How prime resi leaders can nurture ambition & retain their brightest stars
Building loyalty among today's high-achievers requires clarity, flexibility, and cultures that celebrate autonomy without losing connection, explains top executive coach Oona Collins.
Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
Prime London rents on the rise as tax squeeze weighs on landlords
Tenants will bear the brunt of a tax-heavy Budget and incoming regs, warns Knight Frank.