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Lightbulb lit up by coins
22 Jul 2024
Sector-specific guidance would give agents confidence to fight money laundering

Propertymark has responded to the HM Treasury consultation on improving the effectiveness of the Money Laundering Regulations (MLR), drawing on member survey data to illustrate the current challenges for agents and how targeted improvements could enhance the system.

Houses of Parliament flying the union flag
17 Jul 2024
King's Speech: what will impact property agents

Opening the new session of Parliament, King Charles III announced more than 40 Bills the UK Government has committed to introduce, with housing and planning firmly in the spotlight. Housebuilding, renters’ rights, and leasehold reform are all on the legislative agenda, along with significant devolution of powers to local authorities.

Construction site of new housing development
15 Jul 2024
Greater Manchester plans to tackle housing crisis

A UK-first deal for renters and landlords will see standards across the rental sector improve under the Good Landlord Charter, as announced by Andy Burnham, Greater Manchester Mayor on 12 July, along with the promise of delivering thousands of new homes.

Close up of Mic at a committee room
15 Jul 2024
And the rest is politics: How Propertymark amplifies member voices

To represent Propertymark members’ views and the property sector to ensure their voices are heard, we interpret key policy developments and lobby for change. Working with members, we research and survey to develop evidence-based arguments to campaign for policy change across the devolved nations on issues, including supply of property, tenancy management, economic crime, property taxation, enforcement, material information, and welfare reform.

KPR logo
12 Jul 2024
Simplify management of Legionella assessments in-house

KPR offers a LRA report within their inspection and repairs software to record the test results and help fulfil the owner’s legal obligations, as well as generating an additional income source for managing agents by allowing them to conduct this assessment as part of their service. The software is simple and convenient to use, with pre-set template questions ensuring nothing is overlooked. KPR also supply a full Legionella test kit, allowing anyone in the agency can conduct the report, and presents the result as a clear and professional report.

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.

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.

Commercial Outlook, Q1 2024.jpg
27 Jun 2024
Commercial Outlook Q1 2024

Although challenges remain, key economic indicators give cause for optimism. GDP is trending upward, and inflation is edging closer to the Bank of England’s target. Member sentiment varies by sector, but there is notable positivity in the Land and Yards and Industrial sectors. Supply and demand imbalances remain, most notably in the Pubs and Restaurants sector, which continues to be impacted by changing trends.

Tenancy agreenment with keys, pen and toy house
27 Jun 2024
Agents are not alone in the fight against ASB

A Propertymark webinar on 21 June 2024 gave practical advice on how agents can effectively handle anti-social behaviour (ASB) by or affecting a tenant, where to access support, and how to prepare for an eviction hearing.

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.

Couple walking up steps to view a property
20 Jun 2024
Labour pledges fast action to make renters better off

Angela Rayner MP, Labour’s Shadow Housing Secretary, will lay out plans today, 20 June 2024, that the party claims will make renters better off if they win power in the General Election. Aiming to relieve cost-of-living pressure on private sector tenants, Rayner, and Shadow Chancellor Rachel Reeves MP, will pledge to crack down on unscrupulous landlords, ban no-fault evictions, and cap the amount of rent requested upfront.

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