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Campaign leads to extended Stamp Duty holiday

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. Read More...





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.

Nicky Heathcote, Interim Executive Chair of the Propertymark Board said: “We thank Tim for his time at Propertymark and wish him well for the future. The Board looks forward to driving the strategy forward and shall continue to provide the highest level of support and guidance to our members.” 

Tim Balcon said: “I have no doubt Propertymark has a very bright future ahead of it. Sadly, I believe it is in the best interest of Propertymark and myself for me to step down at this point in its development. I wish to convey to all Propertymark members my gratitude and respect for the way in which they have embraced my leadership. Equally, I wish the Board and in particular the exceptional staff at Propertymark my best wishes for the future.”

The Board remains completely focused on driving the business strategy forward and providing the highest level of support to our members. Over the last 12 months and throughout the pandemic period, Propertymark has worked closely with members, providing relevant guidance and lobbying on members’ behalf. We will continue delivering on our priority: supporting members across all professional disciplines.