Latest property news
Shape the future of the sector: RoPA professionals survey
All sales and letting agents in England are urged to share their experience to inform the future of property industry qualifications and regulation. Propertymark strongly supports the introduction of professional standards and mandatory qualifications – regulation is essential to improve trust , protect consumers, and ensure high standards across the board. This survey will provide decision-makers with a clear picture of the current landscape and help influence how any new regime is implemented.
Freeholder court case forces delay in leasehold law
The Leasehold and Freehold Reform Act 2024 (LAFRA) was fast tracked through Parliament in May 2024, ahead of the last UK general election, but not all sections of the legislation have yet been brought into force. The reforms affect approximately 4.5 million leasehold homes in England and Wales, but are now being challenged by freeholders, who claim the provisions infringe their human rights.
New regulation shields leaseholders from cladding costs
The UK Government has set a deadline for the removal of unsafe cladding in England and introduced a new Remediation Bill to ensure that building owners will face legal consequences if they do not rectify life-critical fire safety defects in residential buildings over 11 metres in height by the end of 2031.