Latest News

Government announces rise in new homes built last year

20 January 2021

Figures published in January 2021 show a 111 per cent increase in housebuilding in England from July to September 2020 compared with the previous quarter. Data for the same period also show a quarterly rise of 185 per cent more dwellings completed. Read More...

Winter weather precautions

20 January 2021

Propertymark Industry Supplier, Gallagher offers practical steps that can help agents and their clients reduce the risk of damage to property as areas of the nation are set to see further warnings of more inclement weather to come. Damage caused by the escape of water from frozen pipes and other equipment can be extremely costly in repairs and disruption. Read More...

New Help to Buy: Equity Loan Scheme

19 January 2021

First-time buyers looking to purchase a home in England will continue to receive Government support under the revised Help to Buy: Equity Loan Scheme (2021-2023), which is now open for applications with buyers able to move into their new properties from 1 April 2021. Read More...

Further calls to Government to extend Stamp Duty cut

15 January 2021

A group of 50 Conservative MPs are calling on the Chancellor, Rishi Sunak to extend the stamp duty cut for properties worth less than £500,000 a further 12 months in a major boost alongside The Telegraph’s ‘Stamp Out the Duty’ campaign. Read More...

Welsh Government announce a two-week fire-break – what does it mean for agencies?

Monday 19 October 2020

Today, 19 October, First Minister Mark Drakeford announced that the Welsh Government will impose a two-week fire-break period which requires Welsh residents to stay at home from 6pm on Friday 23 October until Monday 9 November. Today's rules also apply to those traveling into Wales from other parts of the UK: you are permitted to travel into Wales to work as long as you comply with the rules.

Office closures

Both high street lettings and estate agencies' offices must close and agents must work from home wherever possible. Where working from home is not possible and agents are able to work safely in their workplace, in accordance with the guidance, they are permitted to do so.

Home moves

Home moves can still take place during this period if the moving date can't be delayed until after the short lockdown period is over. Associated activities, for example, removals processes, property preparation, handover of keys, surveys, and valuations can also take place in line with guidance on working in other people’s homes.

Home viewings

Property viewings cannot take place during the fire-break period and high street estate agencies are required to close. Virtual viewings can continue.

Repairs and maintenance

Work carried out inside other people’s homes can only take place if it is urgent or to repair a fault which poses a direct risk to people’s safety – for example, emergency plumbing or to carry out an adaptation to allow that household to remain in their property. Work can take place where a property is vacant.

Mortgage surveys

Surveyors can not enter occupied properties during the lockdown period. Surveys of vacant properties and those surveying the outside of a property can take place.

Financial support for businesses

The Welsh Government announced a £300 million package of support to businesses that will complement wage-support schemes available from the UK Government.

Businesses affected by the fire-break will be supported by the fund, which will open next week:

  • Every business covered by the small business rates relief will receive a £1,000 payment.
  • Small and medium-sized retail, leisure, and hospitality businesses, which have to close will receive a one-off payment of up to £5,000.
  • There will also be additional discretionary grants and support for smaller businesses, which are struggling.
  • The £80 million fund announced last week to help businesses develop in the longer term, will be increased to £100 million, which includes £20 million ring-fenced for tourism and hospitality.
  • Businesses will also be able to access the support available through the existing Job Retention Scheme or the new expanded Job Support Scheme.

FAQs      The announcement 

WHAT PROPERTYMARK IS DOING

Propertymark will continue to update members on any further information impacting the sector once released by the Welsh Government.