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Regulation

New clampdown on rogue managing and letting agents

Managing and letting agents who break the rules could face criminal sanctions under plans announced by the Government over Easter. Ministers announced that a new independent regulator will oversee private rented sector letting agents and managing agents of leasehold properties. There will be a new mandatory code of practice for managing and letting agents who will be required to obtain ...

Third party due diligence

Acquisition of mortgage books and lenders, particularly within the specialist mortgage market, requires due diligence before entering into any financial arrangement. George Patellis, director for due diligence - Europe & UK at MIAC Acadametrics, explains