Property Management Companies: Regulation

(asked on 10th January 2022) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government what plans they have, if any, to legislate for the regulation of property management companies.


Answered by
Lord Greenhalgh Portrait
Lord Greenhalgh
This question was answered on 24th January 2022

The Government is committed to promoting fairness and transparency for homeowners and renters and making sure that consumers are protected from abuse and poor service. This commitment includes raising professionalism and standards amongst managing agents, protecting consumers while defending the reputation of good agents from the actions of rogue operatives. We therefore welcome the ongoing work being undertaken by the industry itself to raise professionalism and standards across the sector.

The Government is considering the recommendations in the report received from the working group on the regulation of property agents chaired by Lord Best. We welcome the work of the independent steering group on codes of practice for property agents, and we will continue to work with industry on improving best practice.

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