From May 14th 2025, letting agents must conduct sanctions checks on clients, following the UK Government’s extension of sanctions reporting obligations.
As of 14th May this year, new financial sanctions reporting obligations will come into force requiring letting agents to conduct far stricter AML checks
In addition to accepting more than 5,000 complaints about businesses, The Property Ombudsman conducts more than 2,000 compliance checks annually to ensure businesses have safeguards in...
The Open Property Data Association has released a new version of its property data standards framework to help letting agents comply with new guidance.
In the ever-evolving landscape of data protection regulations, estate agents in the UK are urged to familiarise themselves with the Privacy and Electronic Communications Regulations...
An overwhelming majority of UK estate agents have suggested that the reputation of the industry would be improved if mandatory licensing were to be introduced, according to a new...
Letting agents have been urged to keep up to date with their obligations or expect hefty fines if they fail to comply with complex Client Money Protection rules.