News

ARHM UPDATE 2nd SEPTEMBER 2pm TO 4PM

As we are unable to hold our usual Regional Training Events in person, we are pleased to announce an update for members on 2nd September 2pm to 4pm via Zoom. Please contact us by email on enquiries@arhm.org  to reserve your place. We look forward to seeing you then albeit virtually!

AGENDA

  • ARHM Update – Cecilia Brodigan
  • Law Commission Recommendations – Jeff Platt (S20 Ltd)
  • Fire Safety/Building Safety Bill – Dr Shaun Lundy (Tetra Consulting)
  • COVID 19 and the Law

LAW COMMISSION REPORT LONG AWAITED REPORT PUBLISHED

The Law Commission has published a summary explaining the future of home ownership after reform and of how their recommendations fit with Government’s proposed reforms. That overall summary can be accessed here: https://s3-eu-west-2.amazonaws.com/lawcom-prod-storage-11jsxou24uy7q/uploads/2020/07/Summary-The-Future-of-Home-Ownership-final-N2.pdf.

Summaries of our reports, the reports themselves, and other accompanying documents, can be found at the following link: https://www.lawcom.gov.uk/project/residential-leasehold-and-commonhold/.

We are pleased to include a summary prepared by one of our Board Members, Yashmin Mistry, partner and Head of Leasehold at JPC, our thanks to

CONSULTATION OPEN ON UNIFIED CODE FOR PROPERTY SECTOR

The consultation on the future overarching Code of Practice for Residential Property Agents is now open for industry and consumer input.

The consultation is based on the 14 recommendations made by Lord Best in his Regulation of Property Agents report of last year, and will be used by the future Regulator to both authorise and oversee agents.

The objective of the overarching Code of Practice is to set out the principles that underpin the standards of professionalism including conduct and

ARHM PARTICIPATE IN INDUSTRY WIDE STEERING GROUP TO DEVELOP NEW CODE OF PRACTICE

ARHM is delighted to participate in an industry wide steering group to develop a new Code of Practice to raise standards across the property sector.

The new Code, designed to be handed over to the Regulator, when appointed, covers all aspects of residential property and follows the recommendations from Lord Best’s Regulation of Property Agents Working Group published in July 2019. The RoPA report recommended that the legislation required to regulate property agents should allow for future extension to the

STOP PRESS!

The chancellor announced a temporary holiday on stamp duty on the first £500,000 of all property sales in England and Northern Ireland.

The level at which the tax is charged has been temporarily raised until next March to £500,000 to boost the property market and help buyers struggling because of the coronavirus crisis.

https://www.bbc.co.uk/news/business-53319433

This announcement should benefit most purchasers of retirement housing – and their buyers and chains – and picks up concerns ARHM and wider sector representatives had