GDPR

Automation

Revealed – how automation can help agents keep their businesses fully secure

A recent news story (below) will have set alarm bells ringing for agencies up and down the country when it was revealed that a former employee of a high-profile London agency had been accused of stealing the firm’s client database and handing it to a competitor agency in the local area. There have also been other stories about employees stealing cash from an agency and forcing it to close. Mercifully, such incidents are very rare, but they do happen. These incidents highlight the need for agents to have strong security measures and protocols in place, to reduce the chances of databases or money being stolen. This is important for both large corporate agencies and local one-branch agencies alike – who handle large volumes of money and data on an annual basis. How can agents keep themselves safe? Automation really comes into its own when it comes to security. Whether it’s …

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Compliance

Do Landlords Need To Register With The ICO?

As a landlord or agent, under GDPR legislation you’re required to be registered with the ICO. Many will already be registered and paying a fee to the ICO. If you’re not registered and you are handling data from your tenants in electronic format, you must get in contact with the ICO to register. How much is the registration fee? Should your business have no more than 10 employees and as long as your turnover does not exceed £632,000, the fee is £40 with a £5 discount if you pay by direct debit. What if I do not comply? If you fail to register you may be liable to pay a penalty up to £4,350. How do I register? To register with the ICO, please visit the ICO’s official website by clicking here. Keep compliant with Openview property software, call 0800 328 0460, email info@vtuk.com or visit vtuk.com. THE INFORMATION IN …

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