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Scottish Parliament Building
28 Nov 2024
A Housing (Scotland) Bill that doesn't build a single house draws strong criticism from MSPs

The Bill passed Stage 1 in the Scottish Parliament on 28 November 2024. During the debate, a spokesperson for the Local Government, Housing and Planning Committee, criticised the Scottish Government for failure to come to parliament with fully developed legislation, whilst the Scottish Conservatives refused to support it due to the detrimental impact on housing investment. Propertymark continues to vigorously campaign for urgent action to amend the Bill with measures to increase housing supply and balance the market to ensure fairer outcomes for tenants, landlords, and the wider housing sector.

Northern Ireland Londonderry rooftop houses
28 Nov 2024
Regulatory evolution in Northern Ireland

A report, commissioned by the NIHE (Northern Ireland Housing Executive) and supported by the Chartered Institute of Housing (CIH) on letting agent regulation and fees, focuses on developing a new regulatory framework, and spotlights mandatory registration, a fit and proper person test, minimum qualifications, a code of practice and strict enforcement.

Cold woman wrapped in blanket next to radiator
27 Nov 2024
6 million UK households cannot afford to keep warm this winter

Propertymark has long campaigned for incentives and realistic funding for landlords, tenants, and homeowners to upgrade their properties so we can see more energy-efficient homes, lower bills, and reduce emissions in the property sector. We are pleased to support National Energy Action’s Fuel Poverty Awareness Day on 27 November 2024, which highlights how the continuing energy crisis is stretching household, leaving many people struggling in cold, unsafe and unhealthy homes.

Close up of safe dial lock
27 Nov 2024
New financial sanctions reporting obligations for agents

From 14 May 2025, letting agents, high-value dealers and art market auctioneers must make an official report to the HM Treasury Office of Financial Sanctions Implementation (OFSI) if they have evidence, or a reasonable suspicion, that a client has broken financial sanctions regulations. Propertymark promotes the important role property professionals have in preventing financial crime; however, it is disappointing that HM Treasury has not taken the opportunity to remove the anti-money laundering (AML) reporting threshold and simplify compliance for all agents.

The Letting Partnership logo
27 Nov 2024
Avoiding hidden liabilities: why deposit reconciliation is essential

Ensuring tenant deposits are properly recorded and protected is a vital task for letting and estate agents, and one that carries significant legal and financial responsibilities. The Letting Partnership (TLP), a leading provider of specialist services to the lettings industry, emphasises the importance of accurate reconciliation and highlights the risks associated with discrepancies.

Modern looking apartments
21 Nov 2024
Leasehold reforms see further consultations and regulating managing agents

Housing Minister Matthew Pennycook MP candidly admitted that the current Act contains flaws requiring further legislative action and has unveiled a series of consultations and measures. He has also committed to strengthening the regulation of managing agents, including as a minimum, mandatory professional qualifications.

EPC on a tablet
20 Nov 2024
Heat network pilot program: a step forward

In 2021, the UK Government's Heat and Buildings Strategy outlined a commitment of £338 million for the Heat Network Transformation Programme to scale up low-carbon heat network deployment. Fast forward to 2024 and a pilot program is now rolled pilot program across Hull, Newcastle, Middlesbrough, Rochdale, and Stafford to start the reduction of reliance on traditional heating methods. It will see the zoning of areas where communal heating solutions would be most cost-effective, calling on data such as building type, size, and existing energy use.

Novice auctioneer on rostrum
19 Nov 2024
Auctions are a buyer's friend in the dash to avoid Stamp Duty increases

Choosing to sell properties by chain-free auction can avoid lengthy and uncertain buying procedures and save buyers time and money ahead of the Stamp Duty Land Tax increases in April 2025.

Model house wrapped in scarf
14 Nov 2024
Energy efficiency still a hot topic

Propertymark’s analysis underscored the UK Government’s Heat in Building strategy that 30% of UK emissions in 2019 came from buildings, with 17% from homes, and whilst Wales Climate Week take place, how practical it is for landlords and homeowners across the UK to reduce carbon emissions.

Scottish Parliament Building
14 Nov 2024
Ministers should not ignore Housing (Scotland) Bill report findings

The Local Government, Housing and Planning Committee has published its Stage 1 Report on the general principles of the Housing (Scotland) Bill. Propertymark gave evidence to the Committee in June 2024, and it is pleasing to see our commentary and suggestions to amend the Bill referenced throughout the report.

House under construction with scaffolding
14 Nov 2024
Scotland’s planning reform to shake up the delivery of new homes

Planning has not created a housing emergency — but it can help solve the challenges. The Scottish Government is focused on identifying how its planning system can help to provide solutions with the introduction of a new Housing Planning Hub that will be launched and operational in early 2025.

Close up of auctioneer's gavel
13 Nov 2024
Auctions to help solve problem of vacant commercial properties

Regulations come into force on 2 December 2024 which will allow local authorities in England to auction off the leases of persistently empty high street shops. The UK Government states that the scheme will breathe life back into town centres and drive local growth and opportunities. Propertymark welcomes the move, but we would like to see more detail on which areas will benefit the most, how the powers will be funded, and how they will be used in practice by councils.

Smiling agent holding tablet device
13 Nov 2024
Making identity proofing easier, cheaper and more secure

The Data (Use and Access) Bill was introduced to Parliament on 23 October 2024. It lays out the legal framework for Digital Verification Services (DVS) in the UK, which are long-awaited tools to speed up property purchases, reduce fraud and improve the experience of home buying and selling.

Lit up sales sign.
08 Nov 2024
What estate agents need to know about the Renters Rights' Bill

Agents working with landlords who want to sell a property with sitting tenants must be well-versed advising clients effectively on realistic pricing and the potential impact on the buyer pool, and with tenancy reform at the heart of the Renters’ Rights Bill, watertight paperwork and record-keeping will be more important than ever, for buyers, sellers and agents.

Stone houses in North Wales.jpg
06 Nov 2024
Welsh property sector calls for universal access to decent housing

Propertymark has joined organisations representing tenants, landlords, and other housing providers to call for the UK Government to secure Local Housing Allowance to the 30th percentile of rents and carry out a thorough assessment of the case for raising it to the 50th percentile.

Busy time for woman in office
06 Nov 2024
What the Employment Rights Bill could mean for property agents

The UK Government introduced the Bill to Parliament on 10 October 2024, proposing significant changes to workers' rights and employer obligations across everything from sick pay to trade union membership. Described as the biggest upgrade to employment rights for a generation, the legislation aims to help create secure economic growth, provide better support for businesses, and raise living standards across the UK.

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