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New build properties with scaffolding around them
11 Jul 2024
Defective Premises Bill will mirror Building Safety Act

Legislation to give homeowners in Northern Ireland the same protections against poorly constructed and maintained buildings as those in England and Wales has passed its final stage in the Assembly just four months after introduction. The terms of the Bill will take effect immediately once it has been given Royal Assent.

Houses in Cardiff, Wales
10 Jul 2024
Five property Bills included in First Minister's legislative plan

Rt Hon Vaughan Gething, MS, has set out his priorities for the rest of this Senedd term, with building safety, homelessness, visitor accommodation, and planning all forming part of the programme. Radical and transformative change which matters most in people’s lives is what the Welsh Government will be concentrating on, and the First Minister is looking forward to a renewed, genuine partnership with the new UK Government to unlock opportunities across Wales.

Candidates waiting for Job interview
09 Jul 2024
Westminster encourages local councils to take on more powers

In a roundtable meeting with all the regional mayors in England, the Prime Minister and Deputy Prime Minister have discussed how to scale up devolution and give regional governments greater control over unlocking economic growth, powered by housebuilding, in their areas. Local Growth Plans were also on the agenda, and the mayors were tasked to identify local specialisms and contribute to a national industrial strategy.

New build properties behind playarea
08 Jul 2024
Chancellor: House building is the foundation for economic growth

The Rt Hon Rachel Reeves made her first speech as Chancellor of the Exchequer today, 8 July 2024, emphasising three key policy pillars of stability, investment, and reform. Watched from the front row by Housing Minister Matthew Pennycook and Secretary of State for Energy Security and Net Zero Ed Miliband, she began to elaborate on Labour’s manifesto commitments on planning by announcing an immediate review of the National Planning Policy Framework (NPPF), a task force to unblock stalled developments, and making clear that Ministers will take an interventionist approach to get Britain building.

Houses of Parliament with red clouds
05 Jul 2024
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.

Housing Insight Report, May 2024.jpg
02 Jul 2024
Housing Insight Report: May 2024

While both sectors remain resilient, there is much that the next government can do to support buyers, renters such as improving the home buying/renting process and professionalisation of the sector via the regulation of agents. More broadly there is a need for a review of property taxes to make changes which stimulate supply and demand.

Propertymark 'P' lapel badge
28 Jun 2024
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.

28 Jun 2024
Stunning Fort sales highlight thriving auction market

The sale of two historic sea island forts, each auctioned for significantly more than their initial asking prices, demonstrates that sale by auction is becoming increasingly popular for all kinds of property.

Black house for sale board
21 Jun 2024
Ombudsman raises concerns about rise in conditional selling

In its 2023 Annual Review, The Property Ombudsman (TPO) reported that it resolved 1,663 sales disputes last year, with the main concerns arising from instructions and fees, the under-offer period, and marketing and advertising. Issues of conditional selling and buyer reservation fees were highlighted as key concerns.

Scaffolding on houses being built
20 Jun 2024
General Election 2024: housing policy round up

The property industry urgently needs a clear strategy and strong, consistent leadership from the next UK Government. As the nation prepares to go to the polls on Thursday 4 July Propertymark has examined the manifesto promises on housing from major parties to see what is on offer to voters who care about the future of our sector.

Propertymark One 2024.png
17 Jun 2024
Propertymark One is a roaring success leading members in the pursuit of excellence

Insights galore, new initiatives and tangible learning were the top takeaways from #PMOne that took place on Friday 14 June 2024 at ExCel London, where over 1500 delegates joined us to hear 50 speakers all experts in their field impart their wisdom and knowledge to help agents and their businesses grow.

Cogs being put togther by business people
17 Jun 2024
Next Government must implement leasehold measures immediately

The Leasehold and Freehold Act received Royal Assent on 24 May 2024 and brought an immediate ban on most new leasehold houses. However, only four other sections of the Act are enforced which will come into effect on 24 July 2024.

Propertymark Qualifications logo displayed on an event stand
17 Jun 2024
New, flexible modular property qualification will help grow careers

A brand new Propertymark Qualifications Level 3 (Level 6 SCQF) Certificate in Property Agency was opened for registrations on 14 June 2024 at Propertymark One. This revolutionary new qualification is, for the first time, modular-based, enabling learners to personalise their units relating to specialisms and location with the ability to complete extra units to gain wider sector expertise.

Man pointing at connect triangle centered
14 Jun 2024
Propertymark powers new UK-wide referral network

Connect is an exciting new intuitive, bespoke tech platform offering property agents an unprecedented opportunity to deliver potential instructions, increase portfolios and harness an additional income stream.

Company membership YouTube thumbnail.jpg
14 Jun 2024
Propertymark enters a new era with launch of Propertymark Protection Company Membership

This decade has presented a near total transformation of the property sector with reduced confidence and supply, economic and interest rate uncertainty, dramatic changes in the conduct of consumers, new expectations among the workforce and the introduction of AI, the consequences of which are still being understood. As the only professional body dedicated to supporting sales, lettings, commercial agents, and auctioneers, Propertymark has reassessed not only the services we offer, but the whole structure of membership.

A Dickensian legal process.jpg
10 Jun 2024
A Dickensian legal process

Propertymark's monthly Housing Insight Report has identified a significant deterioration in the number of transactions progressing from offer acceptance to exchange of contracts within 12 weeks. In the first of our research spotlight series, this report looks into the reasons why the time taken to exchange contracts is elongating.

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