Goodlord Blog Regulation of Property Agents (RoPA): Origins, Implications & More

Over the past decade, various initiatives aimed at raising standards in property management have seen slow progress in the sector. However, in October 2024, Labour Housing Minister Matthew Pennycook renewed the Government’s commitment to formally regulate property agents - a shift that could bring clearer standards, stronger accountability, and a more professionalised sector. While this focus on regulation could benefit agents, landlords, and tenants alike, it could also drive some away from the industry. Here’s what letting agents need to know: What is the Regulation of Property Agents (RoPA)? When will the regulation be introduced? How are letting agents currently regulated? Is additional regulation of letting agents needed? Conclusion