Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of regulating property investment training course providers.

The financial promotions regime applies to the promotion of financial services products. The promotion of investment in physical property, including through a training course, is not generally in scope of financial services regulation, as the marketing and provision of physical property is not a financial service.

The Government and Parliament are responsible for establishing the regulatory framework for financial services, and the Government engages regularly with the FCA on issues relating to its regulatory perimeter and remit.

The Consumer Protection from Unfair Trading Regulations 2008 and Digital Markets, Competition and Consumers Act 2024 address mis-selling by traders by prohibiting misleading actions and misleading omissions that might lead the average consumer to make a different decision.