Latest News

NAEA Propertymark responds to New Homes Ombudsman consultation

22 August 2019

NAEA Propertymark has responded to the Ministry of Housing, Communities and Local Government’s consultation into Redress for purchasers of new build homes and the New Homes Ombudsman. Read More...

New retirement houses resale value increases

21 August 2019

New research into ‘traditional’ leasehold retirement housing shows that recently built properties, on average, increase their value upon resale. Read More...

Chancellor announces £600 million boost for housing in the south of England

19 August 2019

Chancellor Sajid Javid has announced new investment of over £600 million for infrastructure projects to support the building of 50,000 new homes. Read More...

First time buyers to dip into pension says Housing Secretary

Tuesday 04 June 2019

James Brokenshire MP gave a speech at The Policy Exchange think tank in London where he mentioned the possibility of young, first time buyers drawing from their pensions in order to help them get onto the property ladder.

Brokenshire also shared ideas on how to cultivate stronger communities and included other ways of helping people onto the housing ladder.

Former Pensions Minister, Steve Webb said that this would push up house prices and “ruin” retirement for young people, forcing them to work in their “seventies and beyond”.

Mr Brokenshire will call on the next Prime Minister to reform pensions to allow young people to “make the choice for themselves” if they want to spend them on property instead.

In his speech Brokenshire said: “We should be looking at allowing an individual to use part of their pension pot as a deposit on a first-time home purchase.

“We should be changing the necessary regulations to allow this to happen, protecting the integrity of pension investments but allowing lenders to innovate and design new products to bring this opportunity to consumers.”

His full speech can be found here.

Propertymark resources

Propertymark has a variety of resources to help guide buyers taking the step to purchase their first home, these include:

NAEA Propertymark members have a wide range of resources to help comply with regulation, assist agents with their day-to-day jobs and much more. To access these, members can login here.

NAEA Propertymark campaigns and lobbying

NAEA Propertymark campaigned and lobbied for First-time Buyer Relief in England (and Northern Ireland) and in Scotland, which have both since been introduced.

Responses to all consultations can be found here.