Latest News

Land Transaction Tax (LTT) nil rate band extended

04 March 2021

On 3 March 2021, the Welsh Government announced that the temporary increase to the nil rate band of LTT for residential property transactions will be extended to 30 June 2021. Read More...

Lack of direct financial support for the sector in the Budget

03 March 2021

The Chancellor of the Exchequer, Rishi Sunak, has announced a number of measures affecting the property industry in the UK Government’s 2021 budget, but Propertymark believes more should be done in order to tackle COVID-related rent arrears. Read More...

Calls continue for a Welsh Housing Survey

03 March 2021

Propertymark is continuing to back the National Residential Landlords Association’s (NRLA) in their campaign for the introduction of a Welsh Housing Survey (WHS). Laura Jones MS, Welsh Conservative Shadow Housing Minister, and Mike Hedges MS, Welsh Labour Chair of the Cross Party Group for Housing recently backed the calls by stating that “a Welsh Housing Survey is needed as evidence-based policymaking should be taken as standard.” Read More...

Updated guidance published on possession process in light of tier system

Wednesday 02 December 2020

Yesterday, 1 December, the UK Government approved a new tougher tier system of Coronavirus restrictions for England which will begin today, 2 December, and has also updated the guidance on the possession process in order to reflect these changes in addition to the new advice on bailiffs.

The UK Government approved the Health Protection (Coronavirus, Restrictions) (All Tiers) (England) Regulations 2020, which tightens restrictions within all three tiers in England. PM Boris Johnson stated that the tier system will be in place until March 2021, when there are hopes a vaccine is rolled out to most of the country. 

The possession action guidance was created in light of the Public Health (Coronavirus) (Protection from Eviction and Taking Control of Goods) (England) Regulations 2020 that came into force in England on 17 November, which prevent the enforcement of evictions against tenants, other than in the most serious circumstances until 11 January 2021 and, given the 14-day notice period required, no evictions are expected to be enforced until 25 January 2021 at the earliest. 

The requirement to provide a minimum of six months’ notice in most circumstances applied during the period of national restrictions, which ended on 2 December, but will continue to be enforced in all local tiers. 

The exemptions to these regulations include: 

  • illegal occupation 
  • false statement 
  • anti-social behaviour 
  • where a property is unoccupied following the death of a tenant 
  • Extreme rent arrears (equivalent to nine months’ rent with any arrears accrued since 23 March discounted). 

The guidance breaks down important information for agents and landlords including: 

  • Making a claim 
  • Warrants or Writs of Possession 
  • Existing possession orders 
  • Extreme COVID arrears  
  • Existing claims 

The guidance