Property industry news
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HOUSING REPORT: Despite recent murmurings of an impending slowdown in the property market, figures our agents reported for May appear to show the buoyant market continues. Perhaps as a result, lengthy waiting times from offer to exchange remain.
The UK Government is seeking views on proposals to make landlords legally obliged to make reasonable adjustments to common areas of rented properties: outside areas, entrances, hallways, landings, and stairwells, more accessible for disabled people.
There is now a greater reliance on digital services for agents, this makes it even more important to review and invest in cybersecurity to manage the risk of potentially disruptive cyber incidents.
Michael Alan Sears and Mish Liyanage join the specialist skillset of the current Propertymark Board following a rigorous election process to help drive forward our vision and business strategy. New Presidents of the lettings and sales divisions also take their posts from today, 17 June 2022.
The UK Government has published a Fairer Private Rented Sector White Paper that claims it will redress the balance between landlords and 4.4 million tenants in the private rented sector (PRS).
The UK Government has announced the first instalment of the new cost of living payment will be given to households receiving income-related benefits from 14 July 2022, with a further instalment in the Autumn.
The UK Government has published a response to a consultation on improving the data offer and enabling innovation for non-domestic customers.
From 30 November 2022, HM Land Registry will stop accepting scanned or PDF copies of the Application to Change the Register (AP1) forms, required when ownership of a property changes hands.
The UK Government will launch an independent review of access to mortgage finance for first-time buyers, with the aim of making it easier to access low-cost, low-deposit finance such as 95 per cent mortgages.
Analysis of user feedback about the trends of inventory reporting statistics highlights how Proptech is helping with audit trails, communication logs, etc, to help with supporting evidence.
The near-total ban on the import, export and dealing of items containing elephant ivory comes into force today, 6 June 2022, which puts the UK at the forefront of global conservation efforts.
Research reveals the full extent of landlords’ exit from the PRS (private rented sector) indicating the rate at which the sector is shrinking.