Latest News

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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

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Avoiding the Stamp Duty rush – get properties on the market by 26 September

11 September 2020

Propertymark has launched a consumer campaign telling sellers in England that the optimum date to be on the market by is 26 September. This will reduce the chance of missing out on the Stamp Duty holiday deadline of 31 March 2021. Read More...

£1 billion building safety fund announced by the Government

Wednesday 27 May 2020

The fund is aimed at putting the safety of residents first to remove and replace unsafe non-ACM cladding systems in residential buildings over 18 metres and provide sprinkler systems in all new blocks of high-rise residential buildings over 11 metres.

A prospectus for the fund, which will meet the cost for remediation in the private and social sector of buildings was launched on 26 May by Housing Minister, Robert Jenrick, and is predominately targeted at supporting leaseholders in the private sector facing significant bills. Ministers have stated that they expect building owners who are already remediating their buildings should continue to do so. Further stating that they should explore every opportunity to fund this work before seeking funding from the Government or passing on costs to their leaseholders.

However, the Government is clear that for leaseholders living in buildings owned by providers in the social sector, it will provide funding to meet the provider’s costs which would otherwise have been borne by leaseholders. The Government expects landlords to cover these costs without increasing rent for their tenants.

The Housing Secretary, mayors, and local leaders have also pledged to ensure vital building safety improvements continue during the coronavirus pandemic. This will ensure the safety of those living in high-rise buildings with unsafe cladding or insufficient fire safety measures is prioritised.

The fund’s application process has been designed to enable projects to proceed at pace with building owners, freeholders or others responsible for the building urged to register for the fund on Monday, 1 June, as applications can be progressed alongside the development of the remediation project.

Announcement

More safety measures

The Government has also published an amendment to the statutory guidance to building safety regulations – otherwise known as Approved Document B. These changes will ensure sprinkler systems and consistent wayfinding signage are mandatory in all new high-rise blocks over 11 metres tall when they come into force.

The Fire Safety Bill, which was introduced to Parliament in April and will empower fire and rescue services to take enforcement action and hold building owners to account if they do not comply with the law.

Read more

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Today I am launching our £1 billion fund to remove unsafe non-ACM cladding from buildings. This is work that must take place as an absolute priority to keep residents safe and brings total funding for remediation up to £1.6 billion.

I will not accept any excuses from building owners who have yet to take action and those responsible should register for the fund so that they can start the remediation process immediately. I have also reached an agreement with local leaders so that this important work can continue safely during the pandemic. New statutory guidance published today also means that all new residential buildings over 11 metres tall will be fitted with sprinkler systems. This is another critical part of our commitment to delivering the biggest changes to building safety for a generation.

Robert Jenrick MPHousing Secretary

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Now that this additional £1 billion funding is in place, building owners must crack on with removing flammable cladding on all high-rise residential buildings that are over 18 metres.

The government will work with the Mayor of London and our Metro Mayors as well as local councils to ensure that these vital building safety works are finally carried out so that people are safe in their homes.

Lord Greenhalgh, Building Safety Minister