Latest property news
Archaic leasehold system Is adding to the housing crisis
It has been nearly ten years since the Leasehold: A Life Sentence report was published, launching a sustained Propertymark campaign. Despite the introduction of the Leasehold and Freehold Reform Act 2024—of which only 10 of 125 sections have come into force—leaseholders continue to face significant financial pressures, rising and often unjustified service charges, and ongoing building safety concerns.
Members invited to vote in Propertymark leadership elections
Voting opened on 21 May 2026 for members to elect a Propertymark Board Director and the next Vice Presidents for our sales and lettings divisions. By taking part, members help influence how the profession is represented, shape the professional body's future priorities, and strengthen the credibility of member-led representation.
Accurate property values are a prerequisite for High Value Council Tax Surcharge
The UK Government has launched a consultation on the design of the surcharge, first announced in the 2025 Autumn Budget, which is expected to apply to homes in England valued at £2 million or more from 2028. If the reforms are to address unfairness in the existing system effectively, property values must be assessed consistently and updated regularly and clearly so consumers can calculate their council tax.