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- Issue 48: Autumn 2022
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And the rest is politics: How Propertymark amplifies member voices
To represent Propertymark members’ views and the property sector to ensure their voices are heard, we interpret key policy developments and lobby for change. Working with members, we research and survey to develop evidence-based arguments to campaign for policy change across the devolved nations on issues, including supply of property, tenancy management, economic crime, property taxation, enforcement, material information, and welfare reform.
The new government must address the country's housing crisis promptly
The UK General Election has returned the Labour Party to power with a parliamentary landslide, ending 14 years of Conservative government. Aiming to channel the spirit of Clement Attlee with a proactive and strategic approach to housing, the party campaigned on a manifesto that promised significant changes to planning rules, strict targets for delivery of new homes, reform of the private rented sector (PRS), long-term schemes to help young people onto the housing ladder, and local powers for councils to take over empty commercial premises.
Elected Board members and division Vice-Presidents announced
At the Propertymark AGM today, 28 June 2024, we welcomed three newly elected members of the Propertymark Board and marked the beginning of fresh Presidential terms for the ARLA Propertymark and NAEA Propertymark Advisory Panels. This year's successful Vice-Presidents were also announced and will join the presidential teams for the sales and lettings divisions.
Commercial Outlook Q1 2024
Although challenges remain, key economic indicators give cause for optimism. GDP is trending upward, and inflation is edging closer to the Bank of England’s target. Member sentiment varies by sector, but there is notable positivity in the Land and Yards and Industrial sectors. Supply and demand imbalances remain, most notably in the Pubs and Restaurants sector, which continues to be impacted by changing trends.