Difficult compromises surrounding smaller properties, increased financial risk, and tighter budgets should be weighed up carefully following next month's deadline.
A rise in the number of buyers returning to the market and a predicted uptick in new homes being built could pave the way for UK house prices to reach the next major milestone.
From May this year, guidance around monitoring and reporting financial sanction breaches for letting agents comes into action, impacting almost 3 million homes.