Posted 02.01.15
Measures to reduce unnecessary and confusing red tape for house builders and reforms to help protect tenants have been announced by Communities Minister Lord Tariq Ahmad in the department's latest 6 monthly Statement of new regulation.
The Statement, which has just been published, details all regulations, including EU measures, which are expected to come into force between 1 January and 30 June 2015, as well as all Regulations removed.
Measures which aim to save business £100 million per year or implement better regulation on business include:
Letting agents will now be required to display their fees at their premises and on their website, with a description of what each fee covers.
In addition, they must also display whether they are a member of a client money protection scheme and which redress scheme they are a member of.