Latest News

Money Laundering registration now open for letting agencies

26 May 2020

Registration for UK letting agencies is now open with Her Majesty’s Revenue & Customs (HMRC) who are the supervisory body for the property sector. Read More...

Furlough Scheme must flex to support recovery

26 May 2020

NAEA Propertymark continues to talk to Government departments about the needs of the sector, the disparity between activities allowed in England, compared with Scotland, Wales, and Northern Ireland and the cautious progress of recovery and consumer confidence. Read More...

Furlough scheme update from the Chancellor

Tuesday 12 May 2020

Chancellor Rishi Sunak today announced that the Government support for furloughed employees is extended for four months until the end of October 2020.

He went on to say that there will be no changes to the scheme before the end of July. Between August and October, he committed to greater flexibility to support businesses where they need to bring back employees on a part-time basis. 

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In response to a question on job losses in the aviation industry, Sunak said: The best way to help in the end is for us to find a way to control this virus, live with it, and indeed re-open those parts of the economy that are currently closed.

Job Retention Scheme portal

MORE INFORMATION COMING SOON

Further details of forthcoming changes to the scheme will be made available later today. Propertymark continues to talk to the Ministry of Housing, Communities, and Local Government in seeking guidance for the safe re-opening of the property sector and will share an update as soon as any details are available.