Estate agents, letting agents and auctioneers are among those being called upon to help improve the overall effectiveness of the UK’s anti-money laundering (AML) regulatory and supervisory regime.
PRS REPORT: The continued success of the private rented sector shows tenants successfully negotiating rent has dropped over the past month, from 0.9 per cent to 0.7 per cent, the lowest recorded for the month of June since records began.
Propertymark has collaborated with the Welsh Revenue Authority (WRA) and produced a downloadable leaflet to support agents in providing potential home buyers with the details regarding Land Transaction Tax (LTT).
The New Homes Quality Board has produced a new code compliance starter kit for agents and home builders, in partnership with Propertymark which is now available to download.
HOUSING REPORT: 40 per cent of properties sold more than the original asking price during June, which is a jump from May’s 33 per cent and the highest ever figure recorded.
With more agents taking to TikTok, is the platform the next big thing for agents? In this issue, you can find out more about how and why agents are using TikTok, hear from our new presidents and read about the upcoming Propertymark Qualifications Awards which is back for 2021.
Arguably the most controversial aspect drawn from the second reading of the Bill remains the question of who should pay for measures to remediate the failings made by the building industry in the past.
Following the move to Step 4 in the COVID-19 roadmap in England, the UK Government has updated its guidance for those working within the home buying and selling process and those moving home.
As the UK transitions into the fourth step of the COVID-19 roadmap, the UK Government has updated its guidance for landlords, tenants, and local authorities.
The UK Government has said that they see no reason why an EWS1 form, or equivalent, should be requested on buildings below 18 metres following recommendations from a small group of experts on fire safety set up to look at the issue.
The announcement by the Minister of Climate Change Julie James MS, who also has a responsibility over housing, also marks the closure of the Tenancy Saver Loan scheme.
Julie James MS, Minister for Climate Change, outlined the Welsh Government will fund fire safety surveys for multi-occupied buildings over 11 metres and called on the UK Government to confirm when further funding will come to Wales.
As per the strict processes put in place by The Property Ombudsman (TPO), the agents were referred to the TPO’s independent Compliance Committee, which ruled they should be expelled with most failing to pay compensatory rewards.
We deliver quarterly webinars highlighting key topics and targeted resources on issues relevant to sectors of commercial property practice.
While the energy efficiency of English homes has improved over the last decade, there is more that can be done to help landlords and householders within the private rented sector (PRS) meet energy efficiency targets.
As we move towards the planned date for progression to Step 4 of the Roadmap in England and towards school Summer holidays, both businesses and individuals should reassess existing contingency plans to factor in the implications for their own areas of responsibility.