Latest News

HM Land Registry portal enhancements – a benefit to the property industry

11 August 2020

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. Read More...

Government urged to speed up cladding remediation process

10 August 2020

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. Read More...

Consultation to reform planning system launched

06 August 2020

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Secretary, Robert Jenrick announced today, 6 August, the Government is ‘Planning for the Future’ and aims to overhaul outdated systems and reform the way the country builds. Read More...

Property market to continue through Aberdeen lockdown

06 August 2020

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. Read More...

TPO warns agents and leaseholders win repair cost cases

Wednesday 08 January 2020

Agents who fail to disclose tenure terms are in breach of Consumer Protection from Unfair Trading Regulations (CPRs) The Property Ombudsman has warned.

The warning follows the National Leasehold Campaign (NLC) complained to Rightmove that users cannot search for properties on the portal by tenure – freehold, commonhold, or leasehold – and called for portals to do more to ensure leasehold details are transparent.

Calls for mandatory disclosure online

Many agents already include this information on written property details. Rightmove offers agents the option to add the information to listings, but the NLC has called for this information to be made mandatory.

 

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'TPO has always maintained that agents must disclose the tenure of a property. Those that fail to do so are in breach of the CPRs as well as the Codes of Practice.

As such, it is already mandatory. We would support the campaign for property portals to ensure that the information is available and accurate.' - Katrine Sporle, The Property Ombudsman

 

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'Anything material that would affect a purchaser’s decision needs to be disclosed at the earliest opportunity under CPR.

The National Trading Standards Estate and Letting Agency Team considers tenure of a property to be material and this is reinforced by the Government’s attitude and actions in terms of leasehold properties.'

Lauren Scott

Mark Hayward
NAEA Propertymark Chief Executive

 

Victory for leaseholders in sprinkler battle

In London, Wandsworth Council has lost its bid to make leaseholders in high-rise blocks pay for retrofitting sprinklers. Water sprinklers would have been installed in all homes which are 30m or higher in the 100 blocks the council runs.

The council had attempted to use leaseholders' service charges to recover some of the £24m cost of the works. More than 2,600 leaseholders were to receive bills of at least £4000 for the installation, which was estimated to cost £24m in total.

Five residents’ associations lodged objections, and the council was forced to take the case to a First-tier Property Tribunal in July 2018, with the ruling finally being made just over one year later.  

PROPERYMARK LOBBYING

Propertymark continues to lobby and campaign on leasehold, working in the best interests of those affected by leasehold issues.

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