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]

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14 Jun 2024

Propertymark enters a new era with launch of Propertymark Protection Company Membership

This decade has presented a near total transformation of the property sector with reduced confidence and supply, economic and interest rate uncertainty, dramatic changes in the conduct of consumers, new expectations among the workforce and the introduction of AI, the consequences of which are still being understood. As the only professional body dedicated to supporting sales, lettings, commercial agents, and auctioneers, Propertymark has reassessed not only the services we offer, but the whole structure of membership.

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Displaying 1721 results
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14 Jun 2024
Propertymark powers new UK-wide referral network

Connect is an exciting new intuitive, bespoke tech platform offering property agents an unprecedented opportunity to deliver potential instructions, increase portfolios and harness an additional income stream.

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10 Jun 2024
A Dickensian legal process

Propertymark's monthly Housing Insight Report has identified a significant deterioration in the number of transactions progressing from offer acceptance to exchange of contracts within 12 weeks. In the first of our research spotlight series, this report looks into the reasons why the time taken to exchange contracts is elongating.

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07 Jun 2024
Suitable housing for disabled people must be prioritised

The Levelling Up, Housing and Communities (LUHC) Committee published its inquiry report on disabled people in the housing sector where Propertymark gave evidence, which examined barriers to accessible housing, increasing the supply of accessible homes, and the support available for adapting homes, including reforms to the Disabled Facilities Grant (DFG). The overarching conclusion chimes with our long-held position that the ultimate key to tackling the housing crisis is to build more homes of all kinds.

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05 Jun 2024
Simpler Right to Rent checks for tenants with pre-settled status

The Home Office has made changes to the EU Settlement Scheme (EUSS) designed to simplify the Right to Rent and similar checks for pre-settled status holders. Letting agents and landlords will only need to carry out a check at the beginning of a tenancy.

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04 Jun 2024
Private Tenancies Act Section 8 coming into force on 1 September

The Smoke, Heat and Carbon Monoxide Alarms Regulations (Northern Ireland) 2024 set the standards for the number and type of alarms that must be installed in privately rented properties. Once they come into force, letting agents and landlords will be responsible for installing and keeping alarms sufficient in any property they rent out.

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04 Jun 2024
Housing Insight Report: April 2024

The residential sales sector has seen an early flurry of activity in April with prospective buyer registrations, new sales instructions, and the number of sales agreed all increasing. In the residential lettings sector, our members report an increase in the number of prospective tenant registrations. However, while stock levels have increased slightly, demand continues to outstrip supply.

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31 May 2024
Deciding cybersecurity spend: how much is enough?

As technology continues to advance, the threat of cyber-attacks becomes increasingly prevalent. Investing in robust cyber defence measures can help property agents protect their sensitive data and systems — but what proportion of an IT budget should be set aside?

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28 May 2024
Campaign continues as ground rent cap not included in leasehold reform

The Leasehold and Freehold Reform Bill received Royal Assent and became law on Friday 24 May 2024. It was included as part of the 'wash-up', as the House of Lords dealt with Bills prioritised with cross-party agreement, following the announcement of the General Election on Wednesday 22 May 2024.

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28 May 2024
Call for agent support in finding homes for vulnerable tenants

Homefinder UK is a non-profit national mobility scheme whose mission is to provide better move-on alternatives for families in desperate need of housing. The people they help to house include victims of domestic violence and abuse as well as others genuinely in need of a safe and secure home.

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23 May 2024
Labour's Lammy sets sights on tackling financial crime

In a keynote speech at a conference held by the Institute for Public Policy Research (IPPR) on 21 May 2024, Shadow Foreign Secretary David Lammy MP, announced policies to combat corruption, including increased registration requirements for trusts which are widely used to disguise the ownership of assets such as property.

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22 May 2024
Lords frustrated by UK Government response on RoPA

The Chair of the Industry and Regulators Committee in the House of Lords, Baroness Taylor of Bolton, has written to the Department of Levelling Up, Housing and Communities (DLUHC), expressing disappointment at the UK Government’s response to findings of the Committee’s inquiry into the need for the regulation of property agents.

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20 May 2024
PRS needs greater professionalism says Labour-backed report

A report commissioned by the Labour Party states that the opportunity to live in a secure, affordable and accessible home is out of reach for many people, and this is set to remain the case unless the system is changed significantly. They state that landlords and agents should be registered and accredited, recommend rent stabilisation measures, and support longer term tenancies based on the model of Rent Smart Wales.

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