Latest property news
Rent controls treat the symptom, not the housing shortage
Rent pressures are real, but controlling the price of a scarce product does not create more of it. Rent controls can protect some tenants in the short term, but they do not address the shortage of homes that drives high rents. They can also weaken investment, reduce the number of properties available and make it harder for people seeking a new tenancy to find a suitable home. Evidence from schemes implemented around the world backs Propertymark’s opposition to rent controls and work to challenge and reshape the policy in Scotland.
Tips to prevent and prepare for cyber attacks
Cyber crime incidents can impact property businesses of all sizes. A lack of cyber security can leave firms vulnerable to substantial losses and the impact can be huge and long lasting. Even using third-party hosting companies or sites doesn't remove the risk of exposure to crime and subsequent liabilities. Propertymark industry supplier, Gallagher, explains the steps property agents can take to prevent and manage risk.
Clear and workable outcomes for property are needed from family law reform
Major changes to the financial rights of married and cohabiting couples when relationships end are being considered by the Ministry of Justice (MoJ). Proposed reforms cover divorce and dissolution, cohabitants who separate, and inheritance when an unmarried partner dies without a will. A clearer framework is welcome, but courts must consider housing needs, individual circumstances, and each person’s contribution.