Latest property news
Authorities must shift to transparent and evidence-led licensing
Propertymark’s latest position paper examines whether local authority landlord licensing schemes are achieving their stated aim of improving standards in the private rented sector. Selective and additional licensing schemes are expanding across England and Wales, placing significant costs and administrative demands on landlords and letting agents, particularly where requirements vary between council areas or repeat existing legal duties.
Housing supply must be at the heart of Government agenda
Propertymark has urged the Senedd’s Local Government, Housing and Planning Committee to make increasing the supply of homes its top priority. Our response to the Committee’s consultation on its future work programme sets out three priorities: delivering more homes across all tenures, sustaining a well-regulated private rented sector, and promoting professionalism and consumer confidence in property agents.
New AML strategy signals closer scrutiny for property sector
Property agents will remain firmly on the frontline of the fight against economic crime as plans are afoot to strengthen anti-money laundering supervision, improve intelligence sharing and consider changes to the rules covering letting agents.