Member views were part of the inquiry
Propertymark gave written and in-person evidence to the Committee, presenting members’ views on the need for an overarching code of practice, minimum qualifications, and licensing for estate agents across the UK and letting and managing agents in England.
In a detailed letter to Rt Hon Michael Gove MP, the Secretary of State for Levelling Up, Housing and Communities, the Committee laid out their finding that a new regulator would make a significant difference by driving up standards in the sector and proactively enforcing against agents who engage in bad practices. Baroness Taylor requested a response to this letter and the Committee’s recommendations by 26 April 2024.
The long grass
The response from DLUHC not only missed this deadline by two weeks but failed to address any of the points raised by the Committee. Instead, DLUHC refused to discuss the issue of agent regulation until both the Leasehold and Freehold Reform Bill and the Renters’ (Reform) Bill have completed their passage through Parliament.
In the most recent correspondence, Baroness Taylor reiterated, that in the interests of proper scrutiny, the Committee still expects a full written response to their conclusions and recommendations.
Read all correspondence from the Industry and Regulators Committee inquiry →