Material information for property listings announced
Publish Date: 12 April 2022
By Jade Shrubsole
Further reading
Barnard Marcus were the first auction house to hold a room sale post covid-19
A property's council tax band or rate and the property price and tenure information (for sales) must be included on all property listings by the end of May 2022 and these data fields will start to appear on portals over the coming weeks. At EIG we have made amendments to our AMS system which many auctioneers use to ensure this information is displayed on their property listings.
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 the UK’s major property portals*, to define what constitutes material information for property listings.
Read more on the Trading Standards website here: Material information for property listings announced - National Trading Standards
Essential Information Group - News and Information
Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.
Buying at auction
05/02/2025
The Leasehold and Freehold Reform Act 2024 introduces significant changes to leasehold property laws in the UK
Abolishing the two-year ownership requirement for leaseholders wishing to extend their lease or purchase the freehold, so how will this affect auctions?
Buying at auction
16/01/2025
How to Check If a Property Has Been to Auction Before
1 in 4 properties has been to auction before, use our website to check the auction history of a property.
Buying at auction
09/01/2025
Become a Property Auction Expert in 2025
10 steps to help you become a property auction expert in the UK