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23 May 2024
Labour's Lammy sets sights on tackling financial crime

In a keynote speech at a conference held by the Institute for Public Policy Research (IPPR) on 21 May 2024, Shadow Foreign Secretary David Lammy MP, announced policies to combat corruption, including increased registration requirements for trusts which are widely used to disguise the ownership of assets such as property.

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22 May 2024
Lords frustrated by UK Government response on RoPA

The Chair of the Industry and Regulators Committee in the House of Lords, Baroness Taylor of Bolton, has written to the Department of Levelling Up, Housing and Communities (DLUHC), expressing disappointment at the UK Government’s response to findings of the Committee’s inquiry into the need for the regulation of property agents.

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20 May 2024
PRS needs greater professionalism says Labour-backed report

A report commissioned by the Labour Party states that the opportunity to live in a secure, affordable and accessible home is out of reach for many people, and this is set to remain the case unless the system is changed significantly. They state that landlords and agents should be registered and accredited, recommend rent stabilisation measures, and support longer term tenancies based on the model of Rent Smart Wales.

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15 May 2024
Simpler access to tax discounts for low-income households

The Welsh Government is consulting on ways to improve its Council Tax Reduction (CTR) scheme after its 2022-23 report revealed relatively low take-up from households that would potentially be entitled to support. The proposals include linking Universal Credit and the CTR scheme to allow proactive identification of eligible residents.

Smiling white piggy bank secured by padlock and chain against a blue background
15 May 2024
Ending two-tier AML system would close gaps in sector defences

In a letter to the Chancellor of the Exchequer, Propertymark has again laid out the benefits of extending full anti-money laundering (AML) supervision to all letting agents, including improved compliance with Money Laundering Regulations (MLRs) and solving the ongoing issue with access to pooled client accounts which has hampered agents for far too long.

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10 May 2024
Leaseholders to get access to free legal advice

The Welsh Government has launched a new scheme to help support leaseholders in medium and high-rise buildings affected by fire safety issues in Wales. Launched on 10 May 2024, the scheme offers free and bespoke legal advice to help resolve potential disputes.

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10 May 2024
Innovate and improve letting agency services with specialist insurance

To remain competitive in today’s market it’s important to provide exceptional service beyond the basic tasks of property management. Adding extra value for landlords and tenants enables an agency to stand out, and one way to achieve this is by making insurance products an integrated part of the service offered to clients.

08 May 2024
Further Regulations confirmed under the Private Tenancies Act

Following the enactment of Sections 1-6 of the Private Tenancies Act (Northern Ireland) 2022 on 1 April 2023, the Department for Communities has outlined that two further phases, Sections 8 and 10, will come into force by the end of 2024.

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08 May 2024
End Scotland's housing emergency

Propertymark has urged Scotland’s new First Minister, John Swinney following his appointment on 7 May as leader of the Scottish National Party, to end the housing crisis across the country.

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07 May 2024
Distaste for rent controls in Wales

The Summary of Responses to the Green Paper Call for Evidence on Securing a Path towards Adequate Housing Including Fair Rents and Affordability has been published, which showed an aversion to rent controls being implemented as a long-term measure, a view shared by Propertymark.

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02 May 2024
Housing Insight Report: March 2024

Demand increased within the residential sales sector, with the number of buyers registered and the number of viewings per property both increasing. In the residential lettings sector, tenant demand decreased, and stock levels increased marginally. However, legislative change including the Renters (Reform) Bill and Housing (Scotland) Bill, continues to dominate the wider discourse.

01 May 2024
Enhancing efficiency and service in lettings through technology integration

Letting agents have access to a wide array of industry tools to elevate their business operations, including CRM platforms, marketing software, referencing providers, accounting tools, and deposit services. Integrating suppliers is a straightforward method to maximise the utility of existing resources, streamline operations, prevent fraud, and improve the experience for both tenants and landlords.

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30 Apr 2024
Next London Mayor must leverage powers to tackle housing backlog

On Thursday 2 May 2024, Londoners will cast their votes for the next Mayor and 25 Assembly Members. With a population of over nine million, and the highest house sales and rental values in the country, London presents unique challenges. Propertymark has written to the candidates outlining our housing plan for London, highlighting key priorities for the next four years and our proposals for addressing the city’s crisis in housing availability.

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29 Apr 2024
Issue 55: Summer 2024

In this summer issue, long-standing members reflect on their start in the property profession and we asked experts from Belvoir group to share their views on agent training and qualifications, and how they will both impact the future of our sector. The policy update looks at short-term lets which are under the spotlight from legislators.

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26 Apr 2024
Warning over battery safety from home insurance experts

Eight in ten people are charging, storing, or repairing their devices in a way that greatly increases the risk of fire, according to a survey by NFU Mutual. With lithium-ion batteries used in almost every household in the UK, and insurers reporting an increase in fire claims associated with them, it is advisable for agents to inform their landlords and tenants on how to reduce their risk.

Lettings agent's let board
25 Apr 2024
Renters Reform moves to Lords as sector calls for certainty

The long-delayed Bill included over 200 amendments as it returned to the House of Commons for its Report Stage and Third Reading on 24 April 2024. Having been voted through by MPs it will now move to the Upper House, with Housing Secretary Michael Gove MP controversially stating that it’s up to the House of Lords to decide how quickly the Bill can become law.

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