New Trading Standards regulations require estate agents to provide all material information upfront. Failure to comply can lead to imprisonment, unlimited fines, and a lifetime ban from the industry. These measures aim to improve transparency, protect consumers, and uphold fair trading standards. AVRillo Conveyancing City: London Address: 257 Green Lanes, Website: https://avrillo.co.uk
Tough New Trading Standards
Could Lead to Major Penalties for UK
Estate Agents
Estate agents in the UK face strict Trading Standards
regulations involving penalties like imprisonment, fines,
and industry bans for non-compliance
These rules set by the
government and NTSELAT
mandate upfront disclosure of
material info to protect
consumers and enhance
transparency from 30th
N
b 2023
The regulations aim to close compliance gaps, boost consumer protection, and maintain
advertising standards within the industry, detailed in the AVRillo Material Information Pack
Non-compliance consequences for agents can be
severe, including imprisonment, significant fines,
and permanent bans, emphasizing the need for
integrity in property transactions.
Agents must disclose 82 essential property details for
informed buyer decisions. Material omissions may have
legal consequences.
Property listing platforms that don't provide information offer agents no defense. Agents must ensure
full disclosure upfront.
https://avrillo.co.uk/material-information-pack/
Find Out More At
https://avrillo.co.uk/material-
information-pack/
Could Lead to Major Penalties for UK
Estate Agents
Estate agents in the UK face strict Trading Standards
regulations involving penalties like imprisonment, fines,
and industry bans for non-compliance
These rules set by the
government and NTSELAT
mandate upfront disclosure of
material info to protect
consumers and enhance
transparency from 30th
N
b 2023
The regulations aim to close compliance gaps, boost consumer protection, and maintain
advertising standards within the industry, detailed in the AVRillo Material Information Pack
Non-compliance consequences for agents can be
severe, including imprisonment, significant fines,
and permanent bans, emphasizing the need for
integrity in property transactions.
Agents must disclose 82 essential property details for
informed buyer decisions. Material omissions may have
legal consequences.
Property listing platforms that don't provide information offer agents no defense. Agents must ensure
full disclosure upfront.
https://avrillo.co.uk/material-information-pack/
Find Out More At
https://avrillo.co.uk/material-
information-pack/