Trading Standards and the government have jointly announced compulsory new data which must appear on property listings.
From 31st May this year, a property’s council tax band or rate (for lettings and sales) and the property price and tenure information (for sales) must be included on all property listings. This applies to individual landlords advertising their properties to let as well as those advertised by lettings agents.
Data fields for these particulars will start to appear on advertising portals over the coming weeks.
These changes represent the first phase of a project by the National Trading Standards Estate and Letting Agency Team in partnership with industry leaders and major property portals, to define what constitutes ‘material information’ for property listings. National Trading Standards wants all ‘material information’ to be mandatory on all property listings. Material information is that information deemed to be critical for either a renter or potential purchaser to make a decision on whether to go ahead with a particular tenancy or purchase.
Two further phases of the project are planned, and we will bring you details on any changes relevant to the lettings industry as they emerge.
Search your Council Tax band