Latest News

A thirst to get qualified at the Propertymark Wales National Conference

18 October 2019

With so much change for agents in Wales in 2019, the delegates at the Propertymark Wales National Conference heard a legislative reminder on anti-money laundering, referral fees and the regulation of the industry. Read More...

Homeowners more than £350k better off than private renters over 30 years

18 October 2019

The average homeowner in the UK could be £352,500 better off than the average private renter over the next 30 years, new research from the Intermediary Mortgage Lenders Association (IMLA) says. However, the report also outlines the financial and social barriers that younger people face in becoming homeowners and suggest that rising house prices may not be the main cause. Read More...

Changes to shared ownership announced

18 October 2019

Plans for a new national model for shared ownership will help thousands of lower earners step onto the housing ladder. A package of measures to help people on lower incomes get onto the housing ladder have been confirmed by Housing Secretary Robert Jenrick. Read More...

UK House Price Index – latest figures

18 October 2019

The latest UK House price index shows that, on average, house prices have risen by 0.8 per cent between July and August 2019. An annual price rise of 1.3 per cent makes the average property in the UK valued at £234,853 Read More...

Propertymark supports Empty Homes campaign

Tuesday 01 October 2019

There are currently more than 200,000 empty homes across the UK, around two thirds of the Government’s housebuilding target of 300,000 per year. Many of these could be used to provide a good quality home to someone that needs it.

Action should be taken to help bring these homes into use, that’s why Propertymark supports the Action on Empty Homes and Nationwide’s campaigning in reducing the number of empty homes.

Where appropriate, these empty properties should be brought back into use to help ensure that everyone can have a good quality home of their own and provides a safe and secure home for someone who needs it.

There are too many homes lying empty

Latest Government data shows that over 216,000 homes in England have been empty for over six months. In all, over 600,000 homes are currently vacant.

Leaving homes empty is a waste

We believe that we cannot afford to waste such properties. England needs over 300,000 additional homes each year.

Bringing empty homes into use helps neighbourhoods

There are neighbourhoods with clusters of empty homes.  Tackling empty homes in these areas should be part of wider neighbourhood initiatives that start from the perspective of the issues people face there.

It makes environmental sense

Creating homes from empty properties saves substantial amounts of material compared to building new homes, minimises the amount of land used for development and avoids wasting embedded carbon; helping to combat climate change.

To achieve this, Propertymark is supporting Nationwide Building Society’s proposals to bring empty homes back into use by:

  • Restarting the Empty Homes Community Grants Programme, which was in place until 2015 and funded community groups to bring empty homes into use.
  • Ensuring local authorities have the ability to work with owners to bring properties into use.
  • Reviewing the tax system, including council tax and stamp duty to see how it can encourage homes to be brought back into use.

Everyone should have a good quality home that they can call their own. Making an empty home, someone’s home can help achieve this goal.

You can pledge your support by visiting the Nationwide Building Society’s website or for more information on empty homes including latest figures and facts visit the Action on Empty Homes web page below.

Nationwide

Action on Empty Homes