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Inadequate or insufficient insurance cover may result in serious financial loss and can affect organisations of any size, and the pandemic has resulted in many businesses reviewing their cover in a more challenging environment.
The Office of Tax Simplification (OCT) has published the second report of their review of Capital Gains Tax (CGT) that sets out what could potentially be done by HMRC to raise awareness among taxpayers to help them meet their CGT 30-day reporting and paying obligations.
Housing Minister, Robert Jenrick MP, announced today, 4 June 2021, a new First Homes scheme of discounted houses for local people and key workers in England with the first properties going onto the market in Bolsover, East Midlands, as part of the first phase of an early delivery project.
Andrew Parker, MD and Auctioneer at SDL Property Auctions, a Propertymark Industry Supplier, is a strong proponent of technical innovation, however, believes human relationships are just as, if not more, important than ever in the 21st Century.
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 and abuses that leaseholders have faced for years.
Minister of State for Housing, Christopher Pincher MP, has announced the UK Government’s ‘First Homes’ scheme as part of the UK Government’s commitment to supporting people to own their home.
Propertymark's latest Housing Market Report shows that one in three properties (32 per cent) sold for more than the original asking price which is the highest figure on record, massively beating the previous one of 19 per cent in May 2014.
In March we launched the first NAEA Commercial quarterly survey. Propertymark is delighted with the response from NAEA Commercial members, at what is an extremely busy time for commercial agents.
Specialist insurance broker and Propertymark Industry Supplier, Gallagher discuss their findings which show that businesses are experiencing an increase in cyber risks as a result of changes in the way of working.
The Department for Communities has today, 19 May, launched a call for evidence on the Housing Supply Strategy which is part of the Minister of Communities comprehensive and ambitious programme of work to increase housing supply and address housing stress in Northern Ireland.
The UK Government set out in the Queen’s speech on 11 May, its legislative plans for adult education and training for the next parliamentary session with a proposed Skills and Post-16 Education Bill.
Sam Legg, 19, a farmer from Leicestershire, has become the 300,000th homeowner to use the Help to Buy: Equity Loan Scheme since its launch in 2013 and urges others to join the scheme.
An advisory panel of leasehold and industry groups has been launched to inform the UK Government on the future of commonhold homeownership.
The Leasehold Reform (Ground Rent) Bill has been published today, 13 May, and when implemented aims to help tackle inconsistency and ambiguity of ground rents for future leaseholders.
The UK Government announced their plans for the next parliamentary session in the Queen’s Speech today, 11 May, which includes several significant changes to planning rules, a new Building Safety Regulator, ground rents, and the next steps for Renters Reform.
The UK is amid a property boom, which is great news for our sector and the many professions that benefit from this increased activity. However, with the boom comes increased demand on agents’ workload, time, and targets, which can take its toll on mental health.
Nicky Heathcote, Propertymark’s Interim Executive Chair, will also lend her skills to The Conveyancing Association, stepping into the role of Non-Executive Chair with immediate effect.
Ahead of the elections on Thursday 6 May, the main political parties in Scotland have published policies for the housing sector. Propertymark outlines the key areas, and our own manifesto sets out, in detail, the areas Ministers should focus on.
Propertymark has responded to the UK Government’s latest consultation on Amendments to Flood Re, reiterating long-standing views that the UK Government must ensure that the scheme is extended, and insurance is provided at reasonable rates to private landlords, leaseholders, and small businesses.
Since the re-opening of Pearson Vue test centres in April, Propertymark Qualifications has seen more than 750 exams taken and in May, 850 exams have been booked so far.
With ever-changing mortgage requirements across lenders, Propertymark Industry Supplier Home of Mortgages outlines how helping clients get an edge over other would-be buyers is key to a successful sale.
The Fire Safety Bill clarifies where responsibility for fire safety lies in multi-occupied buildings in England and Wales and is set to receive Royal Assent today, 29 April.
The UK Government has announced a consultation on a new code of practice to assess external walls and cladding systems so building owners receive consistent advice on whether a building needs remedial work.
Propertymark's latest Housing Market Report shows that one in six properties (16 per cent) sold for more than the original asking price, which is the highest recorded since May 2014 when it was 19 per cent. The March figure is also an increase from February, where 11 per cent sold for more.
Data released by the Department for Business, Energy & Industrial Strategy on 22 April showed that, despite receiving over 100,000 applications, only a small amount of pay-outs were actually made during its lifetime.
Propertymark has teamed up with Hipla, an official licensee of the Law Society, to combine Propertymark’s Property Information Questionnaire (PIQ) with the Law Society’s TA6, TA7, and TA10 forms within a mobile-friendly digital platform to get vendors transaction-ready at the point their property goes to market.
From 17 May 2021, conveyancers and solicitors will need to provide written evidence to show they have taken steps to resolve a request for information before the Land Registry will grant an extension.
The National Trading Standards Estate and Letting Agency Team (NTSELAT) has today, 20 April, launched a consultation to gather information to develop guidance as to what should be considered material information on property listings and portals.
Market activity continues to grow and the appetite from prospective buyers is such that many properties are not being listed on the property portals, as agents focus on fulfilling Consumer Protection Regulations, completing Property Information Questionnaires, and marketing properties to those proceedable buyers, already registered with the agency.