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- Issue 43: April / June 2021
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Leasehold insurance reforms must tackle root causes
The Ministry of Housing, Communities and Local Government (MCLHG) and the Welsh Government have proposed new regulations overhauling how insurance costs are charged to leaseholders in multi-occupancy buildings, to increase transparency and prevent leaseholders from being overcharged through commissions and hidden fees. While Propertymark supports efforts to ensure fairness for leaseholders, we have warned Ministers that these reforms alone will not bring down insurance premiums; a focus on building safety and insurer confidence is needed to achieve real change.
Propertymark Trust scholarships get top marks from aspiring professionals
A programme of grants covering up to 100% of the costs for a Propertymark Qualifications Level 3 (SCQF Level 6) Certificate in Property Agency has been a huge success, with the ‘Class of 2025’ now set to receive their funding. The scheme, launched at the start of 2025, aims to help learners take a step toward professional growth and contribute positively to the future of the property industry.
Charity auction of iconic tractor to be part of firm's bicentennial celebrations
The Propertymark Protected company, Cheffins, purchased the machine in 2024 from an onsite auction which the firm hosted and hopes it could now raise up to £20,000. The fully restored 1963 Fordson Super Dexta will go under the hammer in October 2025, with all proceeds going to the Addenbrookes Charitable Trust.
Unique scholarship opportunities open for aspiring property professionals
The Propertymark Trust has launched a programme of financial support offering grants covering up to 100% of the costs for a Propertymark Qualifications Level 3 (SCQF L6 in Scotland) Certificate in Property Agency, helping learners take a step toward professional growth and helping to shape the future of the property industry.