Latest property news
Annual report reveals year of growth, innovation and influence for Propertymark
2024 was a year defined by strategic investment, enhanced member support, and strong financial performance. Despite a challenging economic landscape, we held membership fees and Client Money Protection levies at 2022 levels for a third consecutive year, while growing membership by 4.3% to 18,711.
Tougher energy standards incoming for landlords in Scotland
Proposals published for consultation state that all private rented sector (PRS) homes must meet a minimum standard based on a reformed Energy Performance Certificate (EPC) by the end of 2033, with new tenancies expected to comply from 2028. Propertymark welcomes the intention to improve energy efficiency across the housing stock, but we remain concerned about the potential burden on landlords and the capacity of the sector to meet these new obligations
Zero carbon success depends on long-term policy certainty and a significant injection of cash
The Energy Security and Next Zero Committee (ESNZC) has published its first inquiry report on retrofitting homes, concluding that at the present rate of progress, the UK is far off track for meeting its legally binding commitment to reach net zero by 2050. Around 29 million homes require upgrades, but support schemes are too complicated, short-term, and are failing to engage consumers and the supply chain.