Latest News

Why agents are using virtual tours in the UK’s current climate

28 September 2020

Made Snappy, a Propertymark Industry Supplier, discuss the benefits of agents using virtual tours and how agents can be more efficient whilst saving money and winning instructions in a challenging climate. Read More...

New Job Support Scheme announced by the Chancellor

24 September 2020

In a speech in the House of Commons today, 24 September, Rt Hon Rishi Sunak MP, outlined the UK Government’s next stage of the economic plan to protect jobs over the winter period with the announcement of a new Job Support Scheme. Read More...

New Chief Executive Officer of Propertymark appointed

24 September 2020

Tim Balcon joins Propertymark today, 24 September, as Chief Executive Officer, which is a newly created role, bringing over 20 years’ experience in membership and sector organisations. Read More...

More must be done to get empty homes back into use

14 September 2020

In a letter to Rt Hon Christopher Pincher MP, Minister of State for Housing, Propertymark campaigns for action on empty homes, asking what measures the UK Government is taking to improve the situation and get more empty homes back into use. Read More...

Protection from commercial landlord evictions

Tuesday 24 March 2020

The UK Government announced on 23 March 2020 commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction meaning no business will be forced out of their premises if they miss a payment in the next three months.

After this period commercial tenants will still be liable for rent and, therefore, the UK Government is monitoring the impact on commercial landlord’s cash flow. The measures are included in the Coronavirus Bill.

The Bill also includes new measures to ensure that Business Improvement Districts (BID) are equipped to manage the impact of the crisis on local economies and helping town centres and high streets recover.

The change will come into force when the Coronavirus Bill receives Royal Assent. It will last until 30 June 2020, with an option for the Government to extend if needed. It will apply to England, Wales and Northern Ireland. 

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This measure will provide companies with an essential safeguard in these highly unusual times as they deal with the impact of coronavirus. This is part of the unprecedented package of support we have put in place to protect jobs and livelihoods right across the country.

Alok Sharma MP, Business Secretary, 

 

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It goes without saying that we are in the most uncertain of times. Commercial landlords and tenants have traditionally been adversaries who always knew they had to rely on each other to do business.

The measures brought in by the government in light of the COVID-19 crisis will help landlords and tenants work together to get through this prolonged period of economic uncertainty.

Propertymark members can help both sides by being fully informed about government contingency measures but be aware when offering advice that these measures may change as the crisis continues.

Michael Hughes, NAEA Commercial Board Member

 

Government business support hub  Coronavirus Bill

BUSINESS RATES

Despite these proposals, estate and letting agents will still be paying business rates for offices. Propertymark is leading the campaign to ensure that estate and letting agents receive the business rates relief as announced by the Chancellor for other high street premises. To support the campaign, write to your MP about business rates relief and ensure it is extended to property agents.

Write to your MP