From 14 May 2025, “letting agents” became subject to reporting obligations under the financial sanctions regulations. Previously the regulations applied only to businesses such as financial institutions, law firms and estate agents. The change for the relocation industry arises from the fact that the definition of “letting agents” in the new legislation could be interpreted as including businesses which deliver homesearch services:
A huge thank you to everyone who completed the recent ARP survey. Your input is invaluable in helping to shape the future of the ARP, making it a beneficial, rewarding and (importantly!) fun network to be part of.
We’ve listened to you – now we’re going to turn your feedback into action.
Who’s behind the new initiatives?
The recent UK Budget introduces significant dynamics that will shape the future of the relocation industry amid a challenging economic landscape. With increases in stamp duty on second homes and tighter immigration policies, the relocation sector must adapt to a competitive rental market and fluctuating demand for services.
The ARP is the professional body for experts in UK relocation. For over 30 years we have been championing higher standards within our industry as well as representing our members in an ever-changing sector, seeking to promote excellence, communicate changes and lobby the Government and other authorities for betterment in terms of current and future legislation.