Government introduces last minute amendment to Enterprise and Regulatory Reform Bill

On 16th April 2013 the Government overturned Baroness Hayter’s proposed amendment to the Enterprise and Regulatory Reform Bill, which would have seen letting agents regulated by the Estate Agency Act 1979 and has introduced its own amendment to the bill to “require letting and managing agents in the private rented sector and managing agents in the residential leasehold sector to offer landlords and tenants access to an approved redress scheme”. On 16th April 2013 the Government overturned Baroness Hayter’s proposed amendment to the Enterprise and Regulatory Reform Bill, which would have seen letting agents regulated by the Estate Agency Act ...