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- Issue 50: Spring 2023
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Propertymark seeks urgent meeting with Rachel Reeves over rent controls
Reports have emerged that the Chancellor is considering the introduction of short-term rent controls in England as part of efforts to ease the cost of living. Propertymark recognises the financial pressures facing tenants and the need for the UK Government to act to support households. However, rent controls risk producing outcomes that run counter to their intended purpose.
No such thing as a universally Renters’ Rights compliant Terms of Business
Whilst it is best practice for letting agents to review their Terms of Business ahead of the reforms kicking in, especially if they are making changes to the type of services they offer to clients, there is no requirement for these business-specific documents to be formally Renters’ Rights compliant.
Plans revealed to speed up remediation on high-risk buildings
The Building Safety Regulator (BSR) has announced a new improvement plan to accelerate remediation works on higher-risk buildings (HRBs) across England to tackle ongoing delays in the approvals process. A series of operational changes designed to reduce application backlogs, improve decision times, and support higher-quality submissions from industry have been included.
£62m fire alarm fund announced cutting costs for leaseholders and keep everyone safe
The Interim Measures Alarm Fund (IMAF) is designed to improve resident safety while reducing the financial burden on leaseholders in buildings awaiting remediation. The fund marks a continuation—and expansion—of efforts to address building safety following the Grenfell Tower tragedy, while also aligning with long-standing industry calls, including Propertymark’s campaigning, for practical and cost-effective interim safety solutions.