Estate agents across the UK must now comply with stringent Trading Standards regulations or face severe penalties, including imprisonment, unlimited fines, and a lifetime ban from the industry. The government and National Trading Standards Estate and Letting Agency Team (NTSELAT) have implemented these new rules, requiring full disclosure of material information upfront to ensure transparency and protect consumers.Mandatory Upfront DisclosureEffective from 30th November 2023, the updated legislation mandates estate agents to disclose all critical material information to prospective buyers at the beginning of any property transaction. This initiative aims to close existing loopholes in trading standards compliance, enhance consumer protection…