Fact sheet: Writing a risk assessment
Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLRs) all Estate Agency Businesses and Letting Agency Businesses with properties that have a monthly rent that is the equivalent to 10,000 Euros or more, must produce a risk assessment.
Fact sheet: UK sanctions reporting obligations
Under the Sanctions and Anti-Money Laundering Act 2018, the UK Government introduced a new regime of issuing financial sanctions following the UK’s departure from the European Union. Under the Act, businesses specified in the Act have to report to the OFSI if they suspect they are engaging with a client who is under financial sanctions.
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: 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.
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.
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: 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.
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.
Fact sheet: Lead in drinking water
In Scotland, the Tolerable Standard states that properties should have an adequate piped supply of wholesome drinking water. Statutory guidance on the Repairing Standard, which came into effect on 1 March 2024, now specifies that the property should be free of lead pipes from the boundary stopcock to the kitchen tap.
Fact sheet: Spray foam installation
Spray Polyurethane Foam (SPF), commonly referred to as spray foam, is a liquid material used to insulate homes. An alternative to traditional building insulation, it's especially advantageous for improving energy efficiency through insulating difficult and tight spaces. However, consumers should carefully consider the impact it can have on valuations, lenders decisions and surveys.
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: Tenancy deposit requirements in Northern Ireland
In 2011, the Northern Ireland Assembly passed the Housing (Amendment) Act (Northern Ireland) 2011 and later the Tenancy Deposit Schemes Regulations (Northern Ireland) 2012 which introduced regulations for protecting tenancy deposits in Northern Ireland.
Fact sheet: Private Tenancies (Northern Ireland) Act 2022
The Housing Strategy Action Plan 2012–2017 committed the Department for Communities to review the private rented sector in Northern Ireland. This led to the Private Tenancies Act (Northern Ireland) 2022 which received Royal Assent on 27 April 2022.
Fact sheet: Landlord Registration Scheme Regulations (Northern Ireland) 2014
The need to register applies to all landlords of properties let under a private tenancy in Northern Ireland. Landlords must be registered and have a Landlord Registration certificate, which is valid for three years.
Fact sheet: Notice to quit periods
Under the Private Tenancies Act (Northern Ireland) 2022, the changes made to notice to quit periods by the emergency legislation was established as a long-term measure. This permanent extension to the notice to quit period was one of many changes introduced by the Private Tenancies Act (Northern Ireland) 2022.