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- Issue 54: Spring 2024
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Commercial Outlook Q4 2023
It is clear from member sentiment, that economic uncertainty, and interest rates in particular, are continuing to weigh on the commercial property market. Supply and demand imbalances continue in key sectors, suggesting that there will be a challenging start to 2024.
Commercial agents, remind landlords to check insurance policies regularly
NAEA Commercial Advisory Panel and Propertymark Board member Michael Sears, MNAEA MARLA MNAEA (Comm) MNAVA HIDip Ndea, has cautioned against complacency when it comes to commercial buildings insurance to avoid the frustration of claims being invalidated.
Propertymark lettings helpline hits new milestone
Six months have now passed since we launched our dedicated Lettings Helpline, providing unlimited free advice to members in England and Wales from landlord and tenant specialists. For many, it has become an essential membership benefit for dealing with lettings issues, no matter how complex, plus, we have ambitious plans to grow the service further.
New homes to boost progress to net zero
The UK Government’s detailed proposals for the 2025 Future Homes and Buildings Standards will amend existing legislation to set new minimum energy efficiency requirements for buildings in England. Most changes will apply to new homes and non-domestic buildings and should ensure no further work will be needed for new buildings to produce zero carbon emissions as the electricity grid decarbonises.