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10 Apr 2024
Commercial agents, remind landlords to check insurance policies regularly

NAEA Commercial Advisory Panel and Propertymark Board member Michael Sears, MNAEA MARLA MNAEA (Comm) MNAVA HIDip Ndea, has cautioned against complacency when it comes to commercial buildings insurance to avoid the frustration of claims being invalidated.

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20 Mar 2024
New homes to boost progress to net zero

The UK Government’s detailed proposals for the 2025 Future Homes and Buildings Standards will amend existing legislation to set new minimum energy efficiency requirements for buildings in England. Most changes will apply to new homes and non-domestic buildings and should ensure no further work will be needed for new buildings to produce zero carbon emissions as the electricity grid decarbonises.

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05 Mar 2024
Barriers to future-proofing the UK's historic buildings

There are approximately 350,000 listed homes in England, and approximately 600,000 commercial properties dating from before 1919. The impact of the cost-of-living challenges means fewer households and businesses can afford the required work to install energy efficiency upgrades. This, in combination with increased costs for historic building retrofit skills and materials, makes comprehensive retrofit action unobtainable for many property owners.

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23 Feb 2024
Issue 54: Spring 2024

Sellers bypassing the introducing agent in a sale costs the industry an estimated £4bn a year in lost fees. But what can agencies do to get their hard-earned commission back? Find out more in this issue and do we need more regulation or just better enforcement? We asked industry stakeholders to contribute their thoughts on issues affecting our members.

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02 Jan 2024
Propertymark receives clarity from Minister on commercial MEES

The Secretary of State for Energy Security and Net Zero, the Rt Hon Claire Coutinho, MP, responded to our call for certainty and confirmed that no changes have yet been made to Minimum Energy Efficiency Standards (MEES) for non-domestic properties. However, she acknowledged it is essential that the UK Government reviews their policy design and timelines to ensure they are still fair and reasonable.

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27 Nov 2023
Commercial Outlook Q3 2023

The base rate was held in September, GDP is growing slowly, the construction materials price index is decreasing, and Propertymark Commercial agent sentiment is increasing in several key areas. However, economic uncertainty remains and improvements in sentiment are generally from a low base.

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07 Nov 2023
RAAC: what private sector agents need to know

School closures made headlines over the summer of 2023, but these are not the only buildings that could be affected by structural issues because of old or badly maintained materials. Property agents need to understand key facts relating to domestic and commercial buildings, especially those who deal with leaseholds.

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03 Oct 2023
Businesses and multi-residence buildings must now comply with updated fire safety laws

Section 156 of the Building Safety Act 2022 took effect on 1 October 2023, which means that all businesses in England must document their fire risk assessments and fire safety arrangements. The revised legislation also requires that in residential buildings housing two or more domestic premises, residents must receive information about fire risks and the fire safety measures put in place for their protection.

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15 Aug 2023
New commercial properties to have single sex toilets

Following a call for evidence that received over 17,500 responses, widespread concerns were highlighted that women and older people are disadvantaged by the increasing number of non-specific gender public toilets.

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07 Aug 2023
Calls for action to turn empty commercial buildings into affordable homes

The All-Party Parliamentary Groups (APPGs) for Ending Homelessness and Housing Market and Housing Delivery has produced a report on Rethinking Commercial to Residential Conversions following an inquiry to explore the potential challenges during planning to occupation.

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02 Aug 2023
Views sought on changes to Permitted Development Rights

The Department for Levelling Up, Housing and Communities has opened a consultation to change the Town and Country Planning (General Permitted Development) (England) Order 2015 that allows for the change of use to dwelling houses.

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11 Jul 2023
Vacant properties are a blight on high streets

Responding to the Department for Levelling Up, Housing and Communities (DLUHC) consultation on High Street Rental Auctions (HSRA), Propertymark states empty properties can become magnets for anti-social behaviour and vandalism, impact a location’s economic performance as well as impact positive footfall risking the viability of other businesses nearby resulting in threats to job opportunities.

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11 Jul 2023
Commercial Outlook Q2 2023

The commercial property market has seen a sluggish start to 2023. Since the Kwarteng budget of September 2022, the market has been subdued. And while we have continued to see small gains in capital values, there seems little drive in the market from investors at present. These patterns are clearly reflected in our latest Commercial Outlook.

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30 Mar 2023
Business rates to be modernised

A new Non-Domestic Rating Bill has been introduced to incentivise property improvements and support more frequent revaluations to deliver reforms in the commercial sector.

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21 Mar 2023
Commercial Outlook Q1 2023

NAEA Propertymark Commercial agents reported a more positive outlook for many sectors compared to last quarter. Better than anticipated performance of the UK economy and resettling after the Truss/Kwarteng budget have resulted in improved expectations.

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15 Mar 2023
Caution issued on converting commercial properties for residential use

Responding to an All-Party Parliamentary Group inquiry about understanding the feasibility of converting empty commercial property into affordable housing, Propertymark believes there is potential, however, warns of several obstacles to a wide-scale programme of conversions.

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