Protecting consumers in the letting and managing agent market: call for evidence. Open Consultation.

October 19, 2017

Open Consultation from the Department for Communities and Local Government part of the rented housing sector for England headline: ‘Protecting consumers in the letting and managing agent market: call for evidence.’

The consultation published on the Gov.UK website 18th October 2017 closes 11.45pm on 29th November 2017.

In summary it reads: This call for evidence seeks views on the regulation of letting and managing agents and the approaches government could take to implement any such regulation.

Consultation description taken from Gov.UK.

On the 1 October 2017 Sajid Javid, the Secretary of State for Communities and Local Government, announced proposals to address the imbalance of power in the private rented market by regulating letting agents.

This call for evidence seeks views on whether a new regulatory model is needed for agents in the leasehold sector. We want to understand what form regulation of letting and managing agents should take to best protect and empower tenants and leaseholders.

It is an evidence gathering exercise that will enable government to bring forward detailed proposals early next year.

Read th consultation in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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