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Auction Barometer Q1 2024.jpg
18 Jun 2024
Auctions Barometer: Q1 2024

2024 has started well. In the Residential and Commercial property sectors there seems to be a return of confidence, probably helped by the hold in interest rates. Catalogue numbers remain strong and registered bidder levels are also high. Our Fine Art & Chattels members report that 2024 has started buoyantly with plenty of bidders keen to get out of the blocks and acquire lots at all price levels and across all fields of collecting and furnishing.

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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.

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.

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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.

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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.

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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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06 Jun 2024
Annual Report and Financial Statements for the Year Ended 31 December 2023

Throughout 2023 the drive has been to offer continued improvements for our members. We are investing in solutions that solve your problems and keep our members ahead of the game — be that through technology, partnerships, or people — with an offer that is focused on quality and value for money.

Gallagher logo
31 May 2024
Deciding cybersecurity spend: how much is enough?

As technology continues to advance, the threat of cyber-attacks becomes increasingly prevalent. Investing in robust cyber defence measures can help property agents protect their sensitive data and systems — but what proportion of an IT budget should be set aside?

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28 May 2024
Call for agent support in finding homes for vulnerable tenants

Homefinder UK is a non-profit national mobility scheme whose mission is to provide better move-on alternatives for families in desperate need of housing. The people they help to house include victims of domestic violence and abuse as well as others genuinely in need of a safe and secure home.

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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.

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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13 May 2024
Proposals to scrap lease renewal rules under discussion

The Scottish Law Commission has opened a consultation on the Tenancy of Shops (Scotland) Act 1949, which deals with commercial lease renewals for retail, food and drink, hair and beauty and wholesale tenants. They are seeking the views of agents, tenants, and landlords on whether there is still a need for the Act, and whether it should be repealed, replaced, or reformed.

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10 May 2024
Homeowner loses compensation as a result of knotweed ruling

In February 2023, Marc Christopher Davies won a Court of Appeal case against Bridgend Council after Japanese knotweed encroached into his property from council land. He was awarded £4,900 for the diminution in value of his home, due to the stigma associated with it. However, Bridgend Council appealed, and the Supreme Court has now ruled that he is not entitled to any compensation.

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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.

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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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