RoPA's report recommends that:
- All agencies operating a residential property business should be licensed and licensing should include a fit and proper person test for company directors
- All staff delivering ‘reserved activities’ employed within residential agency business should be licensed and adhere to a Code of Practice
- All staff delivering ‘reserved activities’ employed within residential agency business should hold a qualification at Level 3 or above
- All company directors and management agents should hold a qualification at Level 4 or above
- A new regulator be appointed to oversee compliance with an overarching Code of Practice
Latest news
07 Mar 2025
Why commonhold isn't that common and how that's about to change
The UK Government has committed to banning the sale of new flats on a leasehold basis and reforming the legal framework for commonhold, so it becomes the default and preferred tenure. It will also become easier for existing leaseholders to convert to commonhold, although the complexities of this may take longer to work out. Few agents in England and Wales have experience with commonhold, as less than 20 developments currently exist, so Propertymark has broken down some key parts of the proposals to help members understand the change.