As major legislative changes continue to reshape the UK property sector, Propertymark is urging its estate and letting agent members to schedule a compliance audit – describing it as “the most effective way to ensure their business is operating legally, confidently, and ready for the future”.
As governments across the UK roll out new regulations covering renting reform, material information requirements, energy efficiency standards, and anti-money laundering, the environment for property professionals is changing at pace. Propertymark cautions that these reforms will reshape agents’ daily workflows, making robust compliance essential to staying protected and prepared.
David Oliver, compliance manager at Propertymark, said: “There’s a lot of change on the horizon, and agents who take compliance seriously will be the ones best prepared.
“A Compliance Audit isn’t something to fear, it’s a chance to get expert guidance and make sure your business is future-proofed for the next wave of legislation.”
Propertymark’s compliance audits provide members with a thorough, supportive review of their processes, covering key areas such as:
+ Client Money Protection (CMP)
+ Anti-Money Laundering (AML)
+ Data Protection and GDPR
+ Digital Markets, Competition and Consumer Act 2024 regulations
+ Record Keeping and Professional Standards
The audits aim identify areas for improvement, reduce risk, and help agents meet their legal obligations now as new laws come into force.
“Our audits aren’t about catching anyone out; they’re about helping agents stay ahead,” added Oliver. “With so much legislative change coming, an audit gives peace of mind that your business is compliant today and resilient for tomorrow.”
Read the orginal article: https://propertyindustryeye.com/agents-urged-to-book-compliance-audits-ahead-of-new-legislation/?utm_source=rss&utm_medium=rss&utm_campaign=agents-urged-to-book-compliance-audits-ahead-of-new-legislation
