The article indicates that further details have emerged regarding a government code of practice for estate agents, alongside a consultation on making agent qualifications mandatory. The extract suggests policy development is ongoing, but provides no substantive detail on the proposed requirements or timetable.
The article reports that 95% of estate agents are said to support Labour’s proposed house-buying reforms, specifically the introduction of binding agreements. It presents this as a strong indication of industry backing for changes intended to make transactions more certain.
The article notes that the effects of the Renters Rights Act are beginning to influence the sales market, particularly where properties are sold with tenants in situ. It indicates that estate agents need to adapt their approach when handling tenanted property sales as the legislative environment changes.
The article reports that the government has issued a roadmap for changes to the home buying and selling process, and that a PropTech product is being positioned to help estate agents prepare for those reforms. The extract does not provide further detail on the specific measures or the product itself.
