Whilst Boris bats the Brexit ball back and forth and the UK sighs with impatience, we take a moment to look back at some notable events of the year.
The market launched with a bang in January across Sales and Lettings, but by mid-March, we began stumbling into Mrs Mays’ ‘will we, won’t we’ dilemma. Vigour returned by late April with folk muttering ‘Brexit Schmexit. We’ve got to get on with our lives’!
Whilst the market has been patchy since then, we feel fortunate to have Let and Sold a record number of properties in a narrow motivated market.
With the General Election just around the corner and the eternal game of ‘deal or no deal’ to be played out, it may well be a jerky jaunt to Halloween. Perfect timing for ghostbusting buyers & sellers!
March – Enactment of The Homes (Fitness for Human Habitation) Act 2018.
March – Mrs Mays' dilemma.
April – Client Money Protection (CMP) became mandatory for all Letting Agents.
April – Government announces intention to abolish Section 21 Notices.
May – MHCLG issue an amended How to Rent Guide.
June – The Property Ombudsman (TPO) updates it’ Code of Ethics.
June – Enactment of Tenant Fees Act 2019.
July – Lord Best’s report advising upon the Regulation of Property Agents.
August – MHCLG issue an amended How to Rent Guide.
August – MHCLG issue an amended Form 6A Section 21 Notice.
As we scrutinise the raft of legislation the Government has, and continues to feed into the market (despite the Big B.); in general, we are over the moon to see a progressive approach to raising standards, despite the quantity of work involved.
After much study and a forensic external Audit, we became qualified Propertymark ARLA members in early summer, joining a handful of Agents in the county who adhere to a higher standard of financial rigour and legal compliance.
They say conkers contain a noxious chemical to keep spiders away. We will continue to drive our standards up with continual professional development (CPD) and enhance our systems and processes. Whether you are a buyer or seller, landlord or tenant; we’ll make every effort to keep the creepy crawlies at bay and endeavour not to be over prickly.