Propertymark backs the next proptech revolutionaries
We’ve formed a landmark co-investment partnership with TDS to boost funding for REACH UK, a technology scale-up program which helps innovative new technology companies grow in the property sector through education, mentorship, and market exposure.
The future of home buying and selling
Propertymark’s position paper comes off the back of the renewed efforts to improve the home buying and selling process. In this paper, we have presented the agents’ perspective to ensure that future regulations reflect the evidence our members are seeing on the ground and that future actions respond to the largest challenges affecting the process.
Agents need land revenue services to be accessible and affordable
HM Land Revenue (HMLR) provides vital information for agents listing properties to let and sell and completing the sales process. Quick, cost-effective access to these services is more important than ever as the industry adjusts to the latest material information guidance.
Public trust is vital for adoption of digital identity services
The Department for Science, Innovation and Technology (DSIT) has published findings following a public dialogue, with simplicity, keeping control of personal data and robust complaints procedures emerging as key issues for digital identity services.
Communicating correctly about leasehold properties
If the Leasehold and Freehold Reform Bill becomes law, it’s expected that the sales market for leasehold properties will be reinvigorated. Leasehold is a complex area and can be intimidating for agents and consumers, so what are the fundamentals of the current situation, and how will this change if the Bill is introduced?
Future direction of digital property sector mapped
Propertymark is a founding member of the Digital Property Market Steering Group (DPMSG) which represents areas of the sector with the greatest potential for accelerated digital adoption. Today, 17 January 2024, sees the group publish its roadmap to drive crucial change in the land and property market, with information sharing, digital ID checks and AI research among the first key priorities.
Data sharing framework to enable digital homebuying
The Data Protection and Digital Information Bill (DPDI) passed its Second Reading in the House of Lords on 19 December 2023 and once introduced, it will support the development of secure digital identity services which promise to speed up property purchases, reduce fraud and revolutionise the customer experience.
Full Material Information guidance published
The National Trading Standards Estate and Letting Agency Team (NTSELAT) has released comprehensive new guidelines covering all three phases of the programme, which aims to improve and standardise disclosures in property listings, helping agents to meet their legal obligations.
Conveyancing partnership aims to accelerate the sales process
NAEA Propertymark has agreed on a joint approach with the Law Society and RICS as part of ongoing work to improve conveyancing for clients across Northern Ireland.
Home Buying & Selling Group seek industry views on home moving roadmap
Property agents are invited to engage with proposals that set out a plan to transform the process of buying or selling a home within the next five years.
Digital Deed Pack launched to create property logbooks
Fifteen conveyancers have started to use a new pack that has been created by the Residential Logbook Association (RLBA) for each property sale at the point of completion, which will enable integration between logbook systems and case management platforms.
Digital innovation targeted at speeding up home buying and renting
A paper from the Geospatial Commission sets out technological support for commitments from HM Land Registry and the Department for Levelling Up, Housing and Communities (DLUHC) to make critical information digitally available to homebuyers and set up a reliable Private Rented Property Portal to raise standards and drive criminal landlords out of the sector.
Propertymark Members can expand services with the sale of charity land
New powers in the Charities Act legislation simplify legal requirements for charities who want to sell, transfer or lease land in England and Wales, plus the UK Government has recognised the high professional standards achieved by Propertymark Fellow Members which means they can provide valuation reports and help sell land for charities.
Private Rented Sector Database
The Renters (Reform) Bill, published on 17 May 2023 sets out the UK Government’s objectives for reducing the number of poor-quality homes by 2030 which the Department for Levelling Up, Housing and Communities states is critical to levelling up the country.
Another step forward to simplifying the home buying and selling process
An updated Leasehold Property Enquiries (LPE1) form has been released by the Home Buying and Selling Group (HBSG) which will unlock the potential of digital conveyancing.
Improving the home buyer's experience through digital identities
Propertymark is playing a vital role in the UK Government's work on digital identity policy in the home buying process with an exclusive invite from Julia Lopez MP, Minister of State for the Department for Culture, Media and Sport to attend a workshop to pinpoint barriers to the adoption and agree on potential solutions.