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- Issue 50: Spring 2023
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Elected Board members and division Vice-Presidents announced
At the Propertymark AGM today, 28 June 2024, we welcomed three newly elected members of the Propertymark Board and marked the beginning of fresh Presidential terms for the ARLA Propertymark and NAEA Propertymark Advisory Panels. This year's successful Vice-Presidents were also announced and will join the presidential teams for the sales and lettings divisions.
Stunning Fort sales highlight thriving auction market
The sale of two historic sea island forts, each auctioned for significantly more than their initial asking prices, demonstrates that sale by auction is becoming increasingly popular for all kinds of property.
Labour pledges fast action to make renters better off
Angela Rayner MP, Labour’s Shadow Housing Secretary, will lay out plans today, 20 June 2024, that the party claims will make renters better off if they win power in the General Election. Aiming to relieve cost-of-living pressure on private sector tenants, Rayner, and Shadow Chancellor Rachel Reeves MP, will pledge to crack down on unscrupulous landlords, ban no-fault evictions, and cap the amount of rent requested upfront.
Auctions Barometer: Q1 2024
2024 has started well. In the Residential and Commercial property sectors, there seems to be a return of confidence, probably helped by the hold in interest rates. Catalogue numbers remain strong and registered bidder levels are also high. Our Fine Art and Chattels members report that 2024 has started buoyantly with plenty of bidders keen to get out of the blocks and acquire lots at all price levels and across all fields of collecting and furnishing.