Estate Agents

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 […]

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Legal Update Seminar – LONDON – 6th October 2016

We will be holding a Compliance Seminar for Sales and Letting Agents on 6th October 2016. The sessions will include updates and practical advice on:- Consumer Protection Regulations for Sales Agents The NEW Government Guidance for Letting Agents Anti Money Laundering Compliance The NEW Cancellation Rights The NEW Government Advice on EPC Advertising Estate Agents […]

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COMPLIANCE SEMINARS IN OCTOBER

We will be holding Compliance Seminars for Sales and Letting agents all around the country in October 2014.  The session will include updates and practical advice on:- Consumer Protection Regulations for Sales Agents The NEW Government Guidance for Letting Agents Anti Money Laundering Compliance The NEW Cancellation Rights The NEW Government Advice on EPC Advertising […]

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DCLG Change Their EPC Advertising Advice

A new advice document from the DCLG on EPCs was published a few weeks ago. Interestingly, there is no reference to the need to show the Energy Rating Graph in advertising. Previous DCLG guidance documents had clearly stated that the graph should appear in advertisements ”where space allowed”! Now the only reference to advertising the […]

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Cooling Off Period Extended

New EU Regulations come into force on 13th June which changes considerably clients rights to cancel contracts entered into with agents from that date. The Consumer Protection (Distance Selling) Regulations and the Cancellation of Contracts made in a Consumer’s Home or Place of Work Regulations 2008 will no longer apply and consumers MUST be provided […]

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New Energy Performance Advertising Requirements

From 9 January 2013 new requirements concerning the provision of EPC information came into force. This change is the latest of a long line of changes the government has made to the obligation on property sellers, landlords and agents, concerning Energy Performance Certificates and advertising. Whilst there were no changes to the basic requirements to […]

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OFT bans John Shepherd of Newport from estate agency work

The OFT has issued a prohibition order banning a Newport estate agent from estate agency work. John Shepherd trading as Grove Estates has been banned from engaging in estate agency work owing to its failure to join a consumer redress scheme. The agent failed to join despite Newport Trading Standards Service imposing a £1000 Penalty […]

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ASA upholds a complaint against a Letting Agent

The complaint concerned an advert appearing on Rightmove offering rental properties by the letting agent, Your-move. The complainant said the adverts were misleading because they did not include the compulsory administration charge. Your-move strongly disputed the allegation, putting forward a number of sensible and logical arguments – Details about the administration charge were available in […]

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OFT Issues new Consumer Advice Leaflets

OFT Issues New Consumer Advice leaflets which they say links to their estate agent guidance issued in September last year. The advice sheets provide an overview of some of the consumer protection legislation that estate agents must comply with, including advice on what buyers and sellers can do to make the process run smoothly. Interestingly, […]

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OFT fines Leeds-based estate agent

The OFT has fined Leeds-based estate agent £2,000 for failing to register with them for Money Laundering purposes. All estate agents need to register with the OFT as part of their responsibilities under the Money Laundering Regulations 2007. Oliver James Estates and Land Agents Limited had been repeatedly contacted and advised about registration over a […]

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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 […]