New Trading Standards rules mandate estate agents disclose all material information upfront. Failure to comply can result in imprisonment, unlimited fines, and a lifetime industry ban. These regulations aim to boost transparency, safeguard consumers, and maintain fair trading practices.
AVRillo Conveyancing
City: London
Address: 257 Green Lanes,
Website: https://avrillo.co.uk
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Estate Agents, Beware: New Trading
Standards Could Mean Big Trouble
Estate agents in the UK must comply with strict Trading
Standards regulations to avoid penalties, like
imprisonment, fines, and industry bans, set by the
government and NTSELAT
The new rules demand upfront
disclosure of crucial information
to enhance transparency and
consumer safeguards
Effective from November 30, 2023, agents must reveal vital data at the beginning of
property transactions, aiming to fortify consumer protections and advertising ethics.
Non-compliance results in severe consequences,
such as prison time, hefty fines, and career bans,
stressing the importance of honesty and
transparency
Estate agents can be held accountable for buyer losses
due to undisclosed information, leading to financial
repercussions, bans, and legal actions.
Compliance necessitates disclosing 82 key details about properties to enable informed decision-
making and align with trading standards
Find Out More At
https://avrillo.co.uk/material-
information-pack/
Standards Could Mean Big Trouble
Estate agents in the UK must comply with strict Trading
Standards regulations to avoid penalties, like
imprisonment, fines, and industry bans, set by the
government and NTSELAT
The new rules demand upfront
disclosure of crucial information
to enhance transparency and
consumer safeguards
Effective from November 30, 2023, agents must reveal vital data at the beginning of
property transactions, aiming to fortify consumer protections and advertising ethics.
Non-compliance results in severe consequences,
such as prison time, hefty fines, and career bans,
stressing the importance of honesty and
transparency
Estate agents can be held accountable for buyer losses
due to undisclosed information, leading to financial
repercussions, bans, and legal actions.
Compliance necessitates disclosing 82 key details about properties to enable informed decision-
making and align with trading standards
Find Out More At
https://avrillo.co.uk/material-
information-pack/