Property industry news

Keep up to date with the latest property market news, industry reports, expert analysis and updates on what we're doing for our members and the industry.

If you have a news story you would like to share with us, please send it to: [email protected]. For any media enquiries contact the Press Team on 07595 214 302 or email [email protected]

Scaffolding on apartments.jpg
04 Dec 2023

Updated plans on high-rise safety designed to reassure lenders

There is a confirmed route to remediation for all buildings over 11 metres in Wales, with ten major UK developers already lined up to complete fire safety works. Alongside new cladding valuation guidance expected from the Royal Institute of Chartered Surveyors (RICS), these plans demonstrate to valuers and lenders that essential work can be carried out at no cost to leaseholders.

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Displaying 1630 results
Scaffolding on apartments.jpg
04 Dec 2023
Updated plans on high-rise safety designed to reassure lenders

There is a confirmed route to remediation for all buildings over 11 metres in Wales, with ten major UK developers already lined up to complete fire safety works. Alongside new cladding valuation guidance expected from the Royal Institute of Chartered Surveyors (RICS), these plans demonstrate to valuers and lenders that essential work can be carried out at no cost to leaseholders.

Handshake
04 Dec 2023
Renters Reform must balance interests of tenants and landlords

Propertymark has submitted written evidence to the Public Bill Committee on the Renters (Reform) Bill, citing data demonstrating the level of concern amongst our members about measures likely to make the PRS increasingly hostile to property owners and the unintended consequences for people in need of homes.

PMQ Awards badge
01 Dec 2023
Propertymark Qualifications Awards 2023 – winners announced

Phil Spencer, Founder of Move iQ, presented learners who had gone above and beyond with their Awards, spotlighting all finalists by commending the standards they were setting for the industry and their professionalism’s impact on consumers. In the graduation-style ceremony, those who achieved their qualification in the last 12 months were also recognised for their achievements.

Housing Insight Report, October 2023.jpg
01 Dec 2023
Housing Insight Report: October 2023

The Autumn statement had an upbeat feel and yielded some positive news for the housing industry. However, this is no time to celebrate while the cost-of-living crisis continues to limp on. In the letting sector, the number of new prospective tenants registered per member branch has decreased month on month since July 2023.

Green home model house.jpg
30 Nov 2023
Ambitious proposals to switch a nation to clean heating

Fossil fuel systems will be replaced by 2045 and new minimum energy efficiency standards will be set for homes of all tenures, according to plans which have been put out for consultation by the Scottish Government.

Jigsaw pieces being put together
30 Nov 2023
Full Material Information guidance published

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has released comprehensive new guidelines covering all three phases of the programme, which aims to improve and standardise disclosures in property listings, helping agents to meet their legal obligations.

The Letting Partnership logo
30 Nov 2023
Compliance simplified: annual client account inspections

In the fast-paced world of property management, letting agents face a myriad of challenges, with client money management sitting high on the list of priorities. Ensuring the safety and transparency of client funds is not only a legal obligation; it’s good business practice.

Edinburgh castle and cityscape at night
29 Nov 2023
Rent control fears drive cost increases

The average rent for a two-bedroom home in Scotland has increased by over 14%, reaching an average of £841 – an extra £105 per month compared to the previous year – as landlords try to cover increasing costs and prepare for the impact of new legislation.

Welsh Assembly, Cardiff.jpg
28 Nov 2023
Propertymark Welsh Budget representation

Focusing on the key housing sector themes, Propertymark is calling for prioritisation of work with the PRS on homelessness, investment in reliable data collection, and a boost in support for decarbonisation.

Westminster Houses of Parliament lampost.jpg
27 Nov 2023
Leasehold and Freehold Bill starts progress through UK Parliament

A ban on new leasehold houses and limits on ground rent for new flats are contained in the long-promised and eagerly awaited Bill, and for existing leaseholders, selling should be made quicker and easier.

Mary-Lou Press & Law Society & RICS.jpg
24 Nov 2023
Conveyancing partnership aims to accelerate the sales process

NAEA Propertymark has agreed on a joint approach with the Law Society and RICS as part of ongoing work to improve conveyancing for clients across Northern Ireland.

Housing Coalition 22112023.jpg
23 Nov 2023
Propertymark helps launch group committed to fairer renting

Collaborating with other leading sector organisations, forums and landlord associations, the Housing Coalition's first in-person meeting was held at Propertymark's offices in London on 22 November 2023.

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