The professional body
for the property sector

National Audit Office (NAO) findings show that statutory homelessness has worsened since the Homelessness Reduction Act (HRA) came into force in April 2018. A report, published on 23 July 2024, is highly critical of the previous Conservative UK Government for a lack of strategy, fragmented funding, and failure to address issues with housing supply.

The UK Government is expected to introduce the new Renters’ Rights Bill to Parliament in Autumn 2024, so the release of detailed reports from the 2022-23 English Housing Survey on 18 July 2024 offers a timely snapshot of the landscape of the Private Rented Sector (PRS). Notably, 82% of private renters reported being satisfied with their accommodation, suggesting that issues may be concentrated in a small section of the market.

Propertymark has responded to the HM Treasury consultation on improving the effectiveness of the Money Laundering Regulations (MLR), drawing on member survey data to illustrate the current challenges for agents and how targeted improvements could enhance the system.