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Agents’ views sought on property listings

20 April 2021

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has today, 20 April, launched a consultation to gather information to develop guidance as to what should be considered material information on property listings and portals. Read More...

New Stamp Duty surcharge for non-UK residents

01 April 2021

From today, 1 April 2021, a two per cent higher rate of Stamp Duty Land Tax (SDLT) will apply to purchasers of residential property in England and Northern Ireland who are not resident in the UK. Read More...

 

ICO registration mandatory for all businesses

Tuesday 16 March 2021

Any business or sole trader who processes personal information must register with the Information Commissioner’s Office (ICO) under the Data Protection Act 2018 and failure to register is a criminal offence.

The ICO is the UK’s independent body for upholding information rights and registering will only take 15 minutes. This will make sure you are GDPR (General Data Protection Regulation) compliant and avoid a fine ranging from £400 to £4,000.

Registration fee

Registrants must pay an annual data protection fee ranging from £40 and £2,900. This will depend on the company’s size and turnover and most organisations will pay between £40 and £60.

Who needs to register?

In cases where more than one party is involved with handling data, the registration depends on whether an individual or organisation holds personal data. All private and commercial landlords must register too. They are categorised as running a business whereby they receive and store personal data on existing and previous tenants on any electronic device.

A self-assessment is available for anyone who isn’t sure whether they need to register and what fee will be required to pay.

View registration FAQs

Propertymark resources

Anyone who applies for Propertymark Membership must provide their ICO registration number with their application, which forms part of our membership requirements.

Members have access to resources to help them comply including a fact sheet and checklist to help get started with a GDPR plan.

Online training courses on protecting data and preventing a data breach are also available, plus a recording of our webinar on complying with the UK Data Protection Act and GDPR.