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Housing Insight Report, September 2024.jpg
20 Nov 2024
Housing Insight Report: September 2024

The announcement of Stamp Duty rises in England and Northern Ireland from April 2025 will likely push more people to the market in hopes of completing to, in some cases, save thousands on their next home purchase. Howevefr, tightened purse strings are being seen across the whole private rented sector.

Novice auctioneer on rostrum
19 Nov 2024
Auctions are a buyer's friend in the dash to avoid Stamp Duty increases

Choosing to sell properties by chain-free auction can avoid lengthy and uncertain buying procedures and save buyers time and money ahead of the Stamp Duty Land Tax increases in April 2025.

Model house wrapped in scarf
14 Nov 2024
Energy efficiency still a hot topic

Propertymark’s analysis underscored the UK Government’s Heat in Building strategy that 30% of UK emissions in 2019 came from buildings, with 17% from homes, and whilst Wales Climate Week take place, how practical it is for landlords and homeowners across the UK to reduce carbon emissions.

Close up of auctioneer's gavel
13 Nov 2024
Auctions to help solve problem of vacant commercial properties

Regulations come into force on 2 December 2024 which will allow local authorities in England to auction off the leases of persistently empty high street shops. The UK Government states that the scheme will breathe life back into town centres and drive local growth and opportunities. Propertymark welcomes the move, but we would like to see more detail on which areas will benefit the most, how the powers will be funded, and how they will be used in practice by councils.

Smiling agent holding tablet device
13 Nov 2024
Making identity proofing easier, cheaper and more secure

The Data (Use and Access) Bill was introduced to Parliament on 23 October 2024. It lays out the legal framework for Digital Verification Services (DVS) in the UK, which are long-awaited tools to speed up property purchases, reduce fraud and improve the experience of home buying and selling.

Lit up sales sign.
08 Nov 2024
What estate agents need to know about the Renters Rights' Bill

Agents working with landlords who want to sell a property with sitting tenants must be well-versed advising clients effectively on realistic pricing and the potential impact on the buyer pool, and with tenancy reform at the heart of the Renters’ Rights Bill, watertight paperwork and record-keeping will be more important than ever, for buyers, sellers and agents.

PP issue 57.jpg
08 Nov 2024
Issue 57: Winter 2024

In our final issue for 2024 we're looking to the future with an insight into our work with REACH UK to scale up prop-tech innovation to empower agents to fly high. Keeping our feet firmly on the ground, we tell you everything you need to know about subsidence (and why UK homeowners can't just live with it), and talk to Propertymark's Liz Callan about what it is she does all day.

A bricklayer building a wall
07 Nov 2024
Brownfield Passports: Propertymark calls for flexibility and control

Prioritising local housing needs is key to addressing the housing crisis. We support the UK Government’s proposals, but they must be thoughtfully implemented to encourage development while ensuring benefits for local communities.

Busy time for woman in office
06 Nov 2024
What the Employment Rights Bill could mean for property agents

The UK Government introduced the Bill to Parliament on 10 October 2024, proposing significant changes to workers' rights and employer obligations across everything from sick pay to trade union membership. Described as the biggest upgrade to employment rights for a generation, the legislation aims to help create secure economic growth, provide better support for businesses, and raise living standards across the UK.

Tax blocks on calculator
05 Nov 2024
Autumn Budget 2024: Tax changes that impact the property sector

The proposed tax changes and spending increases laid out by the Chancellor are expected to have a multifaceted impact on the UK economy. It is important to note that the long-term economic impact of these measures will depend on various factors, including the effectiveness of implementation, the response of businesses and consumers, and broader, economic conditions.

Membership team displaying benefits
01 Nov 2024
Propertymark members benefit from inflation-busting fee freeze for the third year running

With membership at an all-time high, we are delighted to extend our support to thousands of colleagues across the industry by locking in our membership fee at 2022 rates for another 12 months. We have worked hard to mitigate the impacts of challenging economic conditions for our members and are proud to offer a robust membership package that delivers tangible benefits across the entire sector.

Rachel Reeves Red Briefcase.jpg
30 Oct 2024
Budget aims to unlock housing with investment in affordable homes

The UK’s first female Chancellor of the Exchequer, Rachel Reeves, MP, delivered the first Labour Budget for 14 years on 30 October 2024, announcing tax increases worth £40 billion. Whilst agents will be relieved not to see a hike in Capital Gains rates, it is disappointing that the reversal of Section 24 and support for property owners to meet Minimum Energy Efficiency Standards have been overlooked. It is also a missed opportunity to give structured support to first-time buyers and downsizers to boost consumer confidence.

Phil Spencer
29 Oct 2024
Phil Spencer backs Propertymark's call for Stamp Duty reform

The property expert and MoveiQ founder has agreed with the proposals we submitted in our Autumn Budget representation. This Budget offers Chancellor Rachel Reeves MP a real opportunity to promote much-needed progress in the sector. Her decisions regarding SDLT reform, support for first-time buyers and energy efficiency, and the clarity she provides on landlord taxation, will be crucial in determining the future direction of the UK housing market.

Estate agent stood outside of branch
29 Oct 2024
Agent regulation is still on the UK Government agenda, confirms Housing Minister

With all eyes on the Renters’ Rights Bill, discussion around the regulation of property agents (RoPA) has taken a back seat. However, responding to a question in Parliament, Housing Minister Matthew Pennycook MP stated that reforming the sector included raising professional standards amongst agents to protect consumers and defend the reputation of good agents from the actions of rogue operatives.

High volume of data and reports
28 Oct 2024
REACH UK: ambitious proptech startups invited to join 2025 cohort

Since its launch, REACH UK has successfully run four programs, providing startups with unparalleled access to the real estate industry. Backed by strategic investment and partnerships with Propertymark and TDS, the 2025 program continues to offer high-impact support and industry connections, empowering startups to scale and driving innovation in real estate and adjacent sectors.

Smiling agent holding tablet device
25 Oct 2024
Economic Crime Act: new guidance for agents on information sharing

The Department for Business and Trade (DBT) has published in-depth advice for anti-money laundering (AML) regulated firms to explain the legal protections around sharing client data. The Economic Crime and Corporate Transparency (ECCT) Act 2023 introduced provisions that allow businesses to tackle AML by voluntarily sharing and receiving information, however, agents have raised concerns that they may be liable for breaches of confidentiality.

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