Property industry news

Keep up to date with the latest property market news, industry reports, expert analysis and updates on what we're doing for our members and the industry.

If you have a news story you would like to share with us, please send it to: [email protected]. For any media enquiries contact the Press Team on 07595 214 302 or email [email protected]

Male agent holding Propertymark P
28 Mar 2024

Propertymark campaign results evident in Renters (Reform) Bill amendments

We have had direct correspondence from senior officials at the Department of Levelling Up, Housing & Communities (DLUHC) regarding amends to be tabled on the Renters (Reform) Bill, including communication between Housing Minister Jacob Young, MP, and Conservative MPs outlining further improvements that address some of the key concerns of letting agents and strike a fairer balance of security for both landlords and tenants.

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Male agent holding Propertymark P
28 Mar 2024
Propertymark campaign results evident in Renters (Reform) Bill amendments

We have had direct correspondence from senior officials at the Department of Levelling Up, Housing & Communities (DLUHC) regarding amends to be tabled on the Renters (Reform) Bill, including communication between Housing Minister Jacob Young, MP, and Conservative MPs outlining further improvements that address some of the key concerns of letting agents and strike a fairer balance of security for both landlords and tenants.

Credit card laptop.jpg
28 Mar 2024
Propertymark has authoritative voice on UK money-laundering risk

Every two years, the European Commission assesses the risks of money laundering and terrorist financing affecting both the EU internal market and cross-border activities. As a member of CEPI, the European Association of Real Estate Professionals, we work with them to provide the perspective of the UK market.

Lettings Helpline Feb 2024.jpg
28 Mar 2024
Propertymark lettings helpline hits new milestone

Six months have now passed since we launched our dedicated Lettings Helpline, providing unlimited free advice to members in England and Wales from landlord and tenant specialists. For many, it has become an essential membership benefit for dealing with lettings issues, no matter how complex, plus, we have ambitious plans to grow the service further.

The Letting Partnership logo
28 Mar 2024
Top five reasons to outsource client accounting

Being a letting agent or an estate agent with a letting portfolio demands juggling numerous responsibilities, from property management and tenant relations to day-to-day operations, plus the perpetual quest for new business. However, amidst these demands, being on top of client accounting is paramount.

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27 Mar 2024
Housing (Scotland) Bill published

Introduced to the Scottish Parliament on 26 March 2024, the Bill sets out plans to make changes to the law, covering rent controls, tenants’ rights to keep pets and decorate their homes, and a mechanism to delay evictions under certain circumstances.

The word tax spelled out on wooden toy blocks
26 Mar 2024
Homeowners to have more time to claim back tax payments

Propertymark supports Welsh Government proposals to extend the time allowed to apply for refunds and exemptions to land transaction tax (LTT) higher residential rates for taxpayers affected by fire safety defects or emergency restrictions but calls for the Covid-19 restrictions to be included.

Housing costs.jpg
22 Mar 2024
MPs call for a guarantee that benefits will be uprated annually

After campaigning over several years, Propertymark welcomes the House of Commons Work and Pensions Committee’s recommendations of an annual uprate of working-age benefits and Local Housing Allowance (LHA).

Houses of Parliament flag.jpg
22 Mar 2024
Lords tell UK Government to get on with agent regulation

Following a short inquiry, at which Propertymark gave evidence, the House of Lords Industry and Regulators Committee has bluntly asked the UK Government why it has not yet established a regulator of property agents, four years after it committed to doing so.

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21 Mar 2024
London Mayor ordered to take further action on housing plan

Rt Hon Michael Gove, MP, Secretary of State for Levelling Up, Housing and Communities, has demanded a partial review of the London Plan focusing on industrial land and opportunity areas in the capital, and wants the average rate of delivery to increase from 37,200 to more than 62,300 homes a year to tackle housing delivery backlogs.

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21 Mar 2024
The importance of managing property boards

Agents mustn't become complacent when it comes to property sales and lettings boards, as badly maintained, or illegally erected ones can cause injury or nuisance and could result in legal action.

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20 Mar 2024
Reforming the PRS: landlord views of the Renters (Reform) Bill

In this report, we share insights into the Renters (Reform) Bill from the perspective of landlords, which was obtained via Propertymark letting agent members' landlords. If the Bill is implemented, landlords whose properties are managed by Propertymark member agents will receive professional support to assist with implementation and compliance. However, it remains to be seen if the UK Government plan to provide further guidance, and whether it is sufficient to support self-managing landlords.

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20 Mar 2024
New homes to boost progress to net zero

The UK Government’s detailed proposals for the 2025 Future Homes and Buildings Standards will amend existing legislation to set new minimum energy efficiency requirements for buildings in England. Most changes will apply to new homes and non-domestic buildings and should ensure no further work will be needed for new buildings to produce zero carbon emissions as the electricity grid decarbonises.

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