Fact sheets and FAQs
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Fact sheet: Leasehold and Freehold Reform Act 2024
The Leasehold and Freehold Reform Act 2024 makes a number of changes which will affect long term homeownership for leaseholds and homeowners on managed estates. Key changes within the Act include restricting the granting of new long residential leases for houses.
FAQs: Leasehold and Freehold Reform Act 2024
One in five properties in England (4.98 million) and one in six in Wales (235,000) are leasehold. The Leasehold and Freehold Reform Act 2024 follows the Leasehold Reform (Ground Rent) Act 2022 and makes a number of changes which will affect long term homeownership for leaseholds and homeowners on managed estates.
FAQs: Debt Respite Scheme, Breathing Space
The scheme provides a temporary period of respite from creditor action to help people in problem debt consider their options and engage with professional debt advice. The Scheme came into force on 4 May 2021, but qualifying debts can include any that the debtor had before the legislation started.
Fact sheet: 'Replacement of Domestic Items’ relief for landlords
In the Summer Budget 2015 the UK Government decided to introduce measures to change how landlord’s businesses are taxed. The Government’s aim was for the measure to alleviate the cost of replacing furnishings in a wider range of property businesses.
Fact sheet: Ivory Act 2018
The purpose of the Ivory Act is to prohibit commercial activities concerning ivory in the UK and the import and re-export of ivory for commercial purposes to and from the UK. This includes intra-EU trade to and from the UK.
Fact sheet: ‘Replacement of Domestic Items’ relief for inventory clerks
In the Summer Budget 2015, the UK Government introduced measures to change how landlords’ businesses are taxed. Their aim was to alleviate the cost of replacing furnishings in a wider range of property businesses.
FAQs: Economic Crime and Corporate Transparency Act 2023
After the invasion of Ukraine, the UK Government took steps to address growing concerns of money laundering and other economic crime from Russian and foreign entities operating in the UK or with UK companies. This led to the introduction of the Economic Crime (Transparency and Enforcement) Act in March 2022.
Fact sheet: Right to Rent Immigration Checks
Under the Immigration Act 2014, since 1 February 2016, all landlords of private rented accommodation in England have been required to carry out Right to Rent checks for new tenancy agreements to determine whether all adult occupiers aged 18 and over have the right to live in the UK.
Fact sheet: The Electrical Safety Standards for Private Tenancies Regulations (Northern Ireland) 2024
The Regulations introduce the requirement for landlords to ensure that electrical safety checks are conducted at a private tenancy and at regular intervals following the first inspection. Local authorities will also have the ability to serve notices to landlords if they believe the property does not have a valid inspection report.
Fact sheet: Building Safety
The Welsh Government has been taking steps to introduce new requirements for buildings at the occupation phase that go significantly further than the Building Safety Act 2022. The proposals extend not only to multi-occupied residential buildings of 18+ metres, but also multi-occupied residential buildings of less than 18 metres (with some exceptions).
Fact sheet: Smoke, heat and Carbon Monoxide alarms (Northern Ireland)
The Regulations introduce requirements for all private tenancies in Northern Ireland to have sufficient smoke, heat and carbon monoxide alarms in the property. It is the first piece of legislation covering sections seven to twelve of the Private Tenancies Act (Northern Ireland) 2022—specifically section eight: Fire, smoke and carbon monoxide alarms, etc.
FAQs: Housing (Scotland) Bill
On 26 March 2024, the Scottish Government published the Housing (Scotland) Bill. The Bill is a significant piece of legislation that will have implications for letting agents and their landlords. Here we answer some of the most frequent questions about the proposals contained in the Bill.
Fact sheet: Renters’ Rights Bill
The Bill was published on 11 September 2024 with the aim of changing the law about rented homes in England. The legislation will abolish fixed term assured tenancies and assured short hold tenancies, whilst delivering on the Labour Party’s manifesto commitment to transform the experience of private renting—including by ending Section 21 ‘no fault’ evictions.
FAQs: Renters’ Rights Bill
The Bill aims to reform rental laws in England. It includes protections for tenants against unfair rent increases, clearer grounds for eviction, and the introduction of a landlords’ ombudsman service. The Bill also addresses rental discrimination, the right to keep pets, and enforces the Decent Homes Standard.
Fact Sheet: Town and Country Planning (Control of Advertisements) Regulations 1992
The Town and Country Planning (Control of Advertisements) Regulations 1992 apply to Wales and some aspects of the regulations were updated by the Town and Country Planning (Control of Advertisements) (Amendment) (Wales) Regulations 2017.
Fact sheet: Building Safety Act 2022
The Building Safety Act 2022 aims to provide more rights, powers and protections for residents of high-risk buildings and reduce the chance of death in the event a fire breaks out. The Act establishes specific duties for individuals within high-risk buildings to manage building safety risks.
Fact sheet: The Cost of Living (Tenant Protection) (Scotland) Act 2022
On 6 September 2022, the Scottish Government set out plans to tackle the cost-of-living crisis that included emergency legislation to introduce a freeze on rents and a moratorium on evictions for both the private and social rented sectors.
Fact sheet: Money Laundering Regulations
The aim of the legislation is to reducing money laundering and increase the transparency of business operations in the UK. More recent regulations have been largely driven in response to Russia’s invasion of Ukraine, where the focus has been on overseas actors.
Fact sheet: Housing (Cladding Remediation) (Scotland) Act 2024
A ministerial working group, established in 2020, sought to review the existing issues with cladding and found that the process for remediation was overly complex and was preventing the sale of homes. The Act is designed to help facilitate more buildings to have their cladding remediated to higher standards, so they are less likely to lead to further loss of life in the event of a fire.
FAQs: Charities Act 2022
The Charities (Dispositions of Land: Designated Advisers and Reports) Regulations 2023 remove restrictions on who can sell land for charitable organisations. Our FAQ includes minor additional changes introduced by The Charities Act 2022 (Commencement No. 3, Consequential, Saving and Transitional Provisions) Regulations 2024.