Government Launches Consultation on New Code of Practice for the Property Sector
Today the government launched its Consultation on a new Code of Practice (COP) which will be the central point of the work undertaken by the new industry regulator, yet to be appointed.
The COP will set the standards and benchmark with a mission to promote a higher element of faith in the property sector. There are references to transparency currently addressed by the CMA and Trading Standards, Referral Fees, Client Money Protection Regulations, Redress and Complaints, along with the collection and management of data.
This New COP will apply to :
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Property Sales/Purchases
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Property Lettings and Property Management
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Property Auctions
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Property Guardians, a new initiative used by Landlords, commercial and residential
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Rent-to-rent
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International property agents and brokers
What’s the Point of Being Qualified?
Most of the blogs on our site are written in the third person with no specific personal reference in mind. This blog is different as it comes from a place where personal experience and a background in education is brought to the fore. Training/teaching the delivery of - is as a natural as breathing for me. It’s been part of my adult life for a little over 30 years. From being a newly qualified teacher working with 11 to 18 year olds in a secondary school to leaving the profession as a Head of Sixth Form and the challenging transition into the private rented sector, my place of Zen has always been the classroom. Creating a safe, comfortable and fun environment for people to learn in, interact and want to come back to, is really not like hard work.
Regulation of the Property Industry - No Need to Panic
Today we received a spike in the number of calls we usually have; it’s not an unusual occurrence because are a customer facing organisation who supports their membership with advice, guidance and help in any matters relating to Landlord, Tenant, and the Agency world . What caused the spike today’s announcement that the findings of ROPA (Regulation of Property Agents) presented to the Housing Minister on Monday, that the Private Rented Sector should be regulated