What we're campaigning for?
Our primary areas of focus are:
Regulation offers huge potential to professionalise the sector. All property agents should be qualified to at least Level 3, carry out regular training, undertake at least 12 hours of Continuing Professional Development (CPD) per year, be members of a professional body and follow a code of practice.
Overall policy development and the context for reform of the private rented sector should be looked at in six key areas to drive improvements that are needed:
- Supply of private rented property
- Tenancy management
- Being a tenant
- Inspections and enforcement
- Access to justice
- Future-proofing the sector
Propertymark supports move to improve the energy efficiency of property, but the targets must be realistic, avoid a one size fits all approach and be complimented with grants, loans, and funding to incentivise landlords and homeowners to take action.
Digitalisation can deliver a more streamlined, faster and cost-effective process for home buyers and sellers as well as for agents. Accurate information is vital to a functional and prosperous property market. Through the home buying and selling process, consumers need to know and understand what they are purchasing.
Boosting supply needs to be a top priority for the housing sector with governments ensuring a balanced supply of the right homes in the right places across all tenures. Additionally, more can be done to maintain the turnover of existing homes, such as incentivising rightsizing through targeted property tax exemptions, something that could be further facilitated through policies that deliver more suitable homes for older people.
Purchasing property in the UK is a common method that can be used by serious organised criminals to launder the proceeds of criminal activity. The UK Government should widen the scope of money laundering supervision to include all letting agents and reform Suspicious Activity Reporting to include priority and non-priority reporting to better engage the property sector.
Our key campaigns
The Renters (Reform) Bill was introduced to the House of Commons on 17 May 2023 and sets out the UK Government’s plans to deliver on the Conservative Party’s manifesto commitment to reform the private rented sector in England.
We've been working closely with Leasehold Solutions, the National Leasehold Campaign and Leasehold Valuers to raise awareness of the abuse of the leasehold system in newly built homes.
The UK housing stock is amongst the least energy efficient in Europe and the Committee on Climate Change says that energy use in homes accounts for about 14 per cent of UK greenhouse gas emissions. Non-domestic buildings account for around one-third of UK emissions from the building stock.
Money Laundering Regulations require that any business at risk of being used for money laundering by criminals and terrorists have measures in place to minimise the risk of this happening.
Right to Rent checks requires landlords/agents to determine the immigration status of all prospective adult tenants by checking ID before the start of a tenancy.
The Regulation of Property Agents working group has proposed a new regulatory framework focused on estate agents in the UK and letting and managing agents in England.