On 20 October 2021, the House of Lords debated the UK Government’s plans to implement the recommendations of the Regulation of Property Agents Working Group, published on 18 July 2019.
Major concerns for the property sector have been reiterated in letters issued by Propertymark to outline actionable points for levelling up our country and communities.
The RoPA Steering Group recently consulted on its draft Block Management Sector Code as part of its commitment to elevate standards within the sector.
In an industry where legislation is ever changing, and with the need to understand what it means to stay compliant; it is positive to see the vested interest from agents at every level of the sector to become qualified.
A new consultation seeks to improve relationships between block managing agents and their clients through rooting out rogue agents and promoting transparency for all parties.
As the Leasehold Reform (Ground Rent) Bill makes its way through Parliament, Propertymark’s research was used to explain why the Bill is the first step in addressing the scandal leaseholders have faced for years.
Three property agents across the UK have been excluded from the TPO for failing to pay outstanding awards. This shows how it continues to be crucial to improve the quality and reputation of the profession by regulating the property sector.
Propertymark has responded to the Overarching Code of Practice for Residential Property Agents consultation, welcoming the proposals, and calling for the Code to be strengthened in four key areas to further support the industry.
Kirsty Finney, co-founder, and Director at Rodgers & Finney in Northern Ireland takes over as the new NAEA Propertymark President from 2 September, succeeding Lauren Scott who had a successful extended term despite these unprecedented times.
A consultation on an overarching Code of Practice has been launched today, 20 July, which will be key to the work of the new industry regulator, when they are eventually appointed.
A final proposal for a member’s bill to improve protection for buyers of new-build homes has been lodged at the Scottish Parliament. Graham Simpson MSP submitted draft proposals in April for a bill establishing standards for the sale of new-build homes, and redress for purchasers who experience construction defects.
Regulation of Property Agents (RoPA), Section 21, changes to landlord registration in Scotland and marketing Help to Buy headline issue 36 of Property Professional
David Cox, ARLA Propertymark Chief Executive, has outlined a housing manifesto that he believes will keep the sector healthy. With a new government settling in, this may be an ideal time to investigate and implement these reforms.
The Ministry for Housing, Communities and Local Government (MHCLG) has released a report on the recommendations of the working group proposals for a new regulatory framework to cover estate agents across the UK and letting and managing agents in England.
Lloyd Clarke, Partner at Attwells Solicitors writes for Propertymark and discusses the expansion of National Trading Standards and how this impacts the estate and letting agency sector.
We are supportive of the Government's idea of addressing the imbalance of power in the private rented market by regulating letting agents and have put forward how we believe regulation should work.