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.
Building Safety Act requirements now in leasehold enquiry form
Following the enactment of the Building Safety Act in June 2022 trade bodies and those representing the legal, surveying, estate agency and property management sectors have launched a revised Leasehold Property Enquiries (LPE1) form.
Leasehold Property Enquiries (LPE1)
This form will coincide with lenders changing their policies to be able to lend on properties in remediation schemes, or those covered by leaseholder protections. The changes to this form arise from the Building Safety Act 2022 which came into force on 28 June 2022.
Land Registry’s Digital Registration Service comes into effect on 30 November
The service has a new appearance to support automation and improve the process of digital applications designed to make the portal easier to use and to better support customers in submitting and managing digital applications.
Protecting homeowners from identity theft
A year after the case of Reverend Richard Hall returning to his Luton property to find that it had been sold without his knowledge, BBC You and Yours found a pattern of criminal behaviour.
Vision of a fully digital property market
HM Land Registry has launched its Strategy 2022+ that aims to cut delays for homebuyers and influence the market to realise the potential of cutting-edge digital tools and solutions.
NTSELAT flesh out expectations on Material Information Part A
National Trading Standards Estate and Lettings Agent Team (NTSELAT) has today, 12 July 2022, released 19 pages of guidance around Part A of Material Information required for residential property, sales and lettings listings.
Knowledge is power for consumers and agents
James Munro, Head of National Trading Standards Estate and Letting Agency (NTSELAT) highlighted to 500 agents at the NAEA Propertymark National Conference on 30 June 2022, that a cultural change is needed to make sure agents understand the importance of gathering information before a property is listed so potential buyers are proceedable buyers.