Agents’ views sought on property listings

Tuesday 20 April 2021

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has today, 20 April, launched a consultation to gather information to develop guidance as to what should be considered material information on property listings and portals.

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New Stamp Duty surcharge for non-UK residents

Thursday 01 April 2021

From today, 1 April 2021, a two per cent higher rate of Stamp Duty Land Tax (SDLT) will apply to purchasers of residential property in England and Northern Ireland who are not resident in the UK.

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Report finds HMRC ‘broadly’ fulfilling AML supervision role

Tuesday 30 March 2021

HMRC has published a self-assessment of its money laundering supervisory performance, which is broadly in line with the relevant Money Laundering Regulations and OPBAS sourcebook, however stating there was room for improvement.

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Guidance for members unchanged as England moves to next stage of roadmap

Monday 29 March 2021

From Monday 29 March the UK Government will start to ease lockdown restrictions on social contact, business and activities, and travel in England. Whilst there will be no changes to safety guidance for the property sector, Propertymark is reviewing the guidance that has supported members to work safely and given the UK Government the confidence to allow agents to keep working throughout lockdown.

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Agents urged to support lone workers

Wednesday 24 March 2021

With many agents required to work alone, it is important employers put in place measures to ensure their safety. After the tragic disappearance in 1986 of estate agent, Suzy Lamplugh, the Trust, in her name, provides guidance for workers to reduce the risk of violence and aggression.

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Treasury announces tax administration reform and new proposals in first-ever ‘Tax Day’

Tuesday 23 March 2021

HM Treasury has released its ‘Tax Day command paper’ designed to allow further scrutiny on tax announcements that would normally take place during the budget.

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Next steps for leasehold reform in Wales

Wednesday 17 March 2021

The Welsh Government has published new research into the sale and use of leaseholds where the Housing Minister, Julie James MS, sets out her intentions for reforming the sector. The action plan considers other evidence from the Task and Finish Group on Leasehold Reform and recommendations made by the Law Commission.

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ICO registration mandatory for all businesses

Tuesday 16 March 2021

Any business or sole trader who processes personal information must register with the Information Commissioner’s Office (ICO) under the Data Protection Act 2018 and failure to register is a criminal offence.

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Fine underlines importance of having CMP

Monday 15 March 2021

Propertymark has received a report that a letting agent in Kensington and Chelsea has been issued a fine of £20,000 for not belonging to a Client Money Protection scheme, despite applying to join one. The case underlines the importance of having Client Money Protection (CMP), with Trading standards taking action even when an application is in progress.

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Rapid COVID-19 tests available to all businesses regardless of size

Tuesday 09 March 2021

All employers in England can now sign up for the UK Government’s free workplace testing programme. This includes businesses employing fewer than 50 people, previously required to attend community testing sites.

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Propertymark releases action plan for next Welsh Government

Monday 08 March 2021

With the Welsh elections due to take place in May, Propertymark has published its manifesto containing key asks to support the housing sector in Wales.

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Campaign leads to extended Stamp Duty holiday

Wednesday 03 March 2021

The Chancellor has listened to Propertymark’s calls to avoid a cliff-edge deadline to the Stamp Duty Land Tax holiday in the UK Government’s budget, today, 3 March 2021. The nil rate band up to £500,000 will end on 30 June, instead of March. A transitional nil rate band up to £250,000 will be in place until September and then return to £125,000 from October.

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Property expert Nathan Emerson becomes Interim CEO of Propertymark

Wednesday 24 February 2021

The Board of Propertymark has asked Nathan Emerson to assume the role of Interim CEO with immediate effect. Nathan’s appointment will provide great stability for the organisation, its staff and its members and will ensure that the operational delivery of its new and exciting strategy is taken forward.

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Increased asymptomatic testing for anyone unable to work from home

Tuesday 23 February 2021

The Department for Health and Social Care (DHSC) is expanding asymptomatic COVID-19 testing which will be available for workforces via two different routes: either the workplace or community testing.

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Propertymark’s Scottish Parliament election manifesto focuses on 12 key areas

Tuesday 23 February 2021

Ahead of the Scottish Parliament elections scheduled to take place on 6 May 2021, Propertymark has released its key asks to support the housing sector.

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Concerns raised over UK Government mortgage proposals

Wednesday 17 February 2021

Propertymark has responded to the UK Government’s consultation on ‘Improving home energy performance through lenders’ by raising concerns that the proposed targets are unrealistic, too simplistic and could deter people from moving home.

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Tim Balcon has resigned as CEO of Propertymark

Wednesday 17 February 2021

The Board of Propertymark has accepted the resignation of its CEO, Tim Balcon. Following four months in the role Tim has decided and mutually agreed with the Board, that he will stand down as CEO of Propertymark today, 17 February. This follows a short period of handover to Interim Executive Chair, Nicky Heathcote.

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‘Largest-ever’ investment announced to remove unsafe cladding

Wednesday 10 February 2021

Housing Minister Robert Jenrick has today, 10 February, announced the UK Government’s further plans to remove unsafe cladding by investing an additional £3.5 billion. Jenrick promises that the funding will ensure leaseholders in England in high-rise buildings above 18 metres will bear no costs in order to make them safe.

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Propertymark and Propertymark Qualifications celebrate National Apprenticeship week

Monday 08 February 2021

It’s National Apprenticeship Week, a time for organisations across the country to celebrate apprenticeships and the positive impact they have on individuals, employers, and the economy. As the EPA organisation for the Junior Estate Agent apprenticeship, Propertymark Qualifications is taking part this year with a series of interviews with employers and their apprentices within the property sector.

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UK PropTech program announced

Friday 05 February 2021

REACH UK launched its first program with support from NAEA Propertymark and has announced its PropTech class of 2021 which represents companies based across Europe who offer solutions for the entire estate agency industry.

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Propertymark calls for stamp duty holiday extension in budget manifesto

Thursday 04 February 2021

Ahead of the budget on 3 March, Propertymark has published its manifesto asking for ten changes the UK Government to make to support the housing sector. Principal changes are a continuation of the cut in stamp duty and extending the Help to Buy scheme to the second-hand homes market.

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Survey reveals high levels of mental ill health among agents

Wednesday 03 February 2021

A new report addressing mental health in agents found 64 per cent of respondents have had a mental illness, while 89 per cent would like to see mental health awareness integrated into a workplace culture. Only 16 per cent of respondents say they have had any training or guidance on the issue.

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MPs line up to argue for a tapering off of Stamp Duty Holiday

Tuesday 02 February 2021

In yesterday evening’s Stamp Duty Land Tax debate in parliament, MPs reported that multiple constituents have contacted them raising issues with delayed sales due to COVID restrictions and the conveyancing logjam.

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Opposition calls for urgent action on cladding

Monday 01 February 2021

The Labour Party is calling for a National Cladding Taskforce to protect those still living in homes with serious fire safety risks. Labour wants all homes made safe by next year and will hold a non-binding vote on the issue in the Commons on Monday 1 February.

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The future of virtual tours

Monday 01 February 2021

Propertymark Industry Supplier, Made Snappy discusses the different uses of virtual tours and the positive impact they will have on the property industry over the next five years.

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Further calls to Government to extend Stamp Duty cut

Friday 15 January 2021

A group of 50 Conservative MPs are calling on the Chancellor, Rishi Sunak to extend the stamp duty cut for properties worth less than £500,000 a further 12 months in a major boost alongside The Telegraph’s ‘Stamp Out the Duty’ campaign.

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New building safety regulators proposed for Wales

Friday 15 January 2021

The Welsh Government’s Building Safety White Paper covers all multi-occupied residential buildings, from houses converted into flats through to high rise apartment blocks. It sets out major reforms to how properties are designed, built, managed, and lived in whilst proposing clear lines of accountability and a stronger regulatory system.

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Tightened restrictions for working from home and in people’s homes

Wednesday 13 January 2021

First Minister, Nicola Sturgeon, has announced today, 13 January, six new changes to COVID-19 restrictions in Scotland to come into force on Saturday, 16 January, subject to Parliament approval. Among these changes are statutory guidance on working from home and a limitation on working within other people's homes by law.

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Property industry urges the use of the UPRN across the sector

Wednesday 13 January 2021

Propertymark, along with other leading residential property bodies across the UK, have published an open letter to Robert Jenrick, Secretary of State for Housing, Communities and Local Government (MHCLG) and Thalia Baldwin, Director of the Geospatial Commission highlighting the potential benefits from implementing a widely adopted Unique Property Reference Number (UPRN).

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New rules for off-payroll workers

Tuesday 12 January 2021

Changes to off-payroll working rules (IR35) are coming into effect in April 2021. Agents must understand and prepare for the changes and new rules, be mindful of potential additional costs when entering new arrangements with suppliers, and carefully consider renewals of existing contracts with workers for future engagements.

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