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Lords committee launches inquiry into regulation of agents – London Wallet

Mark Helprin by Mark Helprin
February 26, 2024
in Real Estate
Lords committee launches inquiry into regulation of agents – London Wallet
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The House of Lords Industry and Regulators Committee will begin its short inquiry into the regulation of property agents by hearing from representatives of tenants and leaseholders.

The inquiry, which is to be chaired by Baroness Taylor of Bolton, will examine the current approach to regulation of property agents in the residential sector, and in particular whether there should be a new regulator of property agents.

The session will run from 10.30am tomorrow and can be followed live on Parliament TV or in person in Committee Room 4, Palace of Westminster.

Giving evidence at 10:30am will be Conor O’Shea, policy and public affairs manager, Generation Rent.

Giving evidence at 11:30 will be Sebastian O’Kelly, CEO, Leasehold Knowledge Partnership

Possible questions include:

+ what are the key challenges facing tenants when dealing with letting agents?

+ how easy is it currently for tenants and leaseholders to complain about property agents?

+ would a regulator of property agents be able to deal with the challenges tenants and leaseholders face with property agents?

+ would you support a code of practice that agents would have to sign up to as a condition of their license to practice?

 




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