Property Sector Support Package

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Homeownership provides an increased sense of stability and security to people’s lives and the local communities in which they live. Property values are fundamental to homeowner confidence in the economy and it is uncertain whether consumer confidence in the coming months will be sufficient enough for homeowners to put their residential property on the market.

Insufficient supply is self-propagating because sellers are not motivated by available properties. Furthermore, borrowers are finding it harder to get a mortgage as lenders withdraw offers and increase rates in response to the coronavirus outbreak. That is why we are setting out a plan to give consumers and the property sector the boost it needs.

Our Property Sector Support Package includes:

  • Get market-ready with the Propertymark Sales Protocol Toolkit
  • Introduce controlled viewings and conveyancing
  • Cash incentive loan of £1,500 to home buyers
  • A six-month holiday on property tax for residential transactions
  • Allow the marketing of a property before a Home Report is obtained in Scotland

Download the briefing Scottish version

COVID-19

Regardless of COVID-19, many families still want a bigger home, empty nesters still want to downsize, and first-home buyers still want to make the most of record-low interest rates. Most sales underway when the Coronavirus pandemic struck are holding together.

Visiting property is a crucial step when moving house. With our support package and practical guidelines in place for the property sector to operate under the Government can make it work for buyers and sellers.

Write to your MP

Write to your local MP, MSP or AM to ask them to back the Property Sector Support Package. All communication with your local representatives is important and puts pressure on them to act.

  1. Go to the website writetothem.com
  2. Enter the postcode of your office address
  3. Scroll down to 'Your MP' 
  4. Click on your MP's name
  5. Compose your message 
  6. Fill out your details, 'preview and send' 

Unfortunately, we cannot provide set wording to speed up the process as Write To Them disregards anything resembling a copy and paste campaign. Please use the content on this webpage to respond and add in your own views too. Do forward your correspondence and replies to policy@propertymark.co.uk so we can keep track of who’s been contacted.

Social media pack #Keepthemarketmoving

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  • Give the property sector the boost it needs. Join the campaign and back the Property Sector Support Package (link to page)
  • We are backing the campaign for Property Sector Support Package to give the property sector the boost it needs (link to page)
  • The Government needs to provide more support and introduce practical guidelines for the property sector to operate. Agree? Join the campaign today (link to page)

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Support Package twitter image

Support Package twitter image