2013 January

OFT bans Move Direct Limited of Southampton from estate agency work

The OFT has issued a prohibition order banning a Southampton estate agent from estate agency work owing to its failure to join a consumer redress scheme. The agent failed to join a scheme despite Southampton Trading Standards Service imposing a £1000 Penalty Charge Notice. The OFTs subsequent investigation under the Estate Agents Act 1979 found […]

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OFT ban on a Scottish Estate Agent

The OFT has recently announced that a Stirling estate agent has been banned from estate agency work. Agents marketing residential properties for sale are required by law to belong to an OFT approved consumer redress scheme. Stirling Trading Standards had imposed a £1000 Penalty Charge Notice on Gerard Speed trading as Speed Property but they […]

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New Obligations for Agents regarding advertising and EPCs in force from today

From today the requirement to show the front page of the EPC in certain advertising material ceases to apply. The new obligation now applies to all sales and lettings advertisements. Basically, you must now show the A-G energy rating of the property (EPC=C) on every property advert regardless of the medium used. This means property […]

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David's Philosophy

My clients take compliance matters very seriously and I have spend many years working proactively and reactively to provide them with cost effective solutions. My success is based, not only on the unique expertise I hold, but also around my ability to balance the need for compliance with commercial reality. Whatever your needs, I am happy to discuss them and the services we can offer to meet them on a no obligation basis. Email me at david@compliance-matters.co.uk or ring my office on 0161 727 0798

Our Latest Article

FREE MONEY LAUNDERING 2017 UPDATE SESSIONS

Significant changes to estate agents obligations were imposed by the new Money Laundering Regulations in June this year.  The big focus has been on the need to confirm the ID of buyers as well as sellers; however, the legislation also requires agents to make a number of other changes. HMRC also published guidance on how […]