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Robert Jenrick, Secretary of State for Housing, announced yesterday, 16 September, that all commercial tenants will be protected from the risk of eviction until the end of this year.
Thousands of companies disputing their insurers' interpretations of liability under Business Interruption Insurance welcome the court ruling today, 15 September, where it found in favour of the arguments advanced for policyholders on the majority of issues brought by the Financial Complaints Authority (FCA) test case.
The Competition and Markets Authority (CMA), together with the Institute of Risk Management, has published a new edition of its short guide on competition law risk that will help agents to identify and reduce competition law risks.
In a letter to Rt Hon Christopher Pincher MP, Minister of State for Housing, Propertymark campaigns for action on empty homes, asking what measures the UK Government is taking to improve the situation and get more empty homes back into use.
Propertymark has pledged its support for Gas Safety Week, which takes place 14 -20 September 2020, and we will be raising awareness about the importance of gas safety to its members and the public.
The property industry lost a leading figure with the sad news of the passing of popular and longstanding NAEA Propertymark Fellow, Ian Westerling.
Propertymark has launched a consumer campaign telling sellers in England that the optimum date to be on the market by is 26 September. This will reduce the chance of missing out on the Stamp Duty holiday deadline of 31 March 2021.
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.
Moneypenny, a Propertymark Industry Supplier, has launched a new service to help agents boost efficiency and improve their sales funnel as the market shifts focus from survival to recovery.
Robert Jenrick, Housing Secretary, announced today, 8 September, new investment in housing to ‘help the country build back better’, including a new Shared Ownership scheme and homes for social rent to help the most vulnerable.
As part of its ongoing investigations the Competition and Markets Authority (CMA) has today, 4 September, opened enforcement cases having uncovered troubling evidence of potential mis-selling and unfair contract terms.
Proptech companies looking to scale up can now apply to be part of REACH UK’s inaugural cohort.
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.
The latest figures in the Department for Communities Housing Bulletin, released on 27 August, perhaps unsurprisingly, shows the number of new dwellings started over the period April to June 2020 fell significantly compared to the same period in 2019 as the effects of the lockdown start to show.
Propertymark’s July Housing Market Report shows that one in ten properties sold for more than the original asking price, a trend that has continued for a second month.
On 30 March 2020, the Scottish Government approved the launch of a Technical Working Group tasked with developing a Scottish Advice Note to determine the fire risk of external wall systems in multi-storey residential buildings.
From 20 August, HM Land Registry updated its Local Land Charges (LLC) service to make searches easier to read and understand.
A major milestone for apprentices in the property industry was marked on 20 July when Propertymark Qualifications remotely delivered its first ever end-point-assessment for a Junior Estate Agent Apprenticeship and Charlie Maidment of Fox & Sons, Southampton, became the first ever qualified Junior Estate Agent.
With the demand for rental property on the increase and the sales market experiencing a significant rise in mortgage applications lockdown hasn’t been a deterrent for buyers and renters determined to make a change.
An estimated seven million homes remain excluded from the Flood Re insurance obligation, including 1.1 million leasehold homes, and three million homes in urban areas. Propertymark has long held the view that the scheme should be extended to cover the leasehold and private rented sector.
The Building Safety Fund (BSF) opened for applications on 31 July, following the announcement in March of a new £1bn Non-ACM Cladding Systems Remediation Fund.
The latest UK House price index shows that, on average, house prices have risen by 1.7 per cent in July 2020, offsetting the 1.6 per cent fall in June.
Following the announcement on 27 July that transfers of ownership of property, leases, mortgages, and other property dealings can be signed electronically, HM Land Registry has also confirmed that customers in Wales and England can now manage all portal applications and correspondence in one central place.
The second report from the Industry Safety Steering Group on the progress of culture change in the construction sector was issued on 5 August, which highlighted the need for further change for the industry now, ahead of the legislation.
Housing Secretary, Robert Jenrick announced today, 6 August, the Government is ‘Planning for the Future’ and aims to overhaul outdated systems and reform the way the country builds.
Following the announcement on 5 August by First Minister, Nicola Sturgeon, that Aberdeen is in lockdown for a period of at least seven days, the Scottish Government has published regulations clarifying the property market can still function.
A property market online portal has seen the number of agent branches listing exclusively rise by 1,619, which is a year-on-year rise of 42 per cent.
COVID-19 is a powerful disruptor, responsible for the delay of almost 450,000 property transactions. It goes without saying that everyone has to take action in order to minimise the ongoing impact.
More than 300 “shovel-ready” projects in England will share £900 million investment with further resources for development of brownfield sites.
The latest English Housing Market Survey, published in July, looked at the housing circumstances of an estimated 23.5 million households and their circumstances including the conditions of energy efficiency in England.