Latest News

Welsh Government guidance for property agents and landlords

07 April 2020

The Welsh Government has produced Coronavirus (COVID-19) guidance covering self-isolation, visiting a property, mental well-being, supporting tenants and business support. Read More...

Propertymark campaign succeeds in including commission in furloughed pay

06 April 2020

Government has amended the eligibility criteria following Propertymark's campaign for agents' commission payments to be included in claims for Furloughed Pay. Read More...

Landlord Income Tax Relief fully phased in

06 April 2020

At the Summer Budget 2015, the then Chancellor George Osborne announced that the amount of Income Tax relief landlords can get on residential property finance costs will be restricted and gradually reduced from April 2017 until April 2020. Read More...

UK Gov guidance – EPCs and COVID-19

06 April 2020

On 2 April 2020, the UK Government released information confirming that the legal requirement to obtain an EPC before selling or letting a property remains in place, but EPC assessments should only be conducted where they can be done safely and in line with guidance relating to Coronavirus. Read More...

Northern Ireland Executive announces COVID-19 response

Thursday 19 March 2020

Northern Ireland’s First Minister Arlene Foster and deputy First Minister Michelle O’Neill announced a wide-ranging package of support aimed at supporting all sections of the economy and society. Acknowledging the impact already being felt by the economy, businesses, public services, jobs, and people’s livelihood.

Key measures to support the sector

  • Exploring support for people in the private/social rented sector
  • Exploring support for people in crisis and emergency accommodation
  • Launch of community support fund (getting essential support to people)
  • £370 million grant support scheme for most vulnerable businesses
    • Immediate grants of £10,000 will be provided to all small businesses who are eligible for the Small Business Rate Relief Scheme (those with NAV up to £15,000)
    • Immediate grant of £25,000 will be provided to companies in the retail, tourism and hospitality sectors
    • The schemes will be administered by DfE / InvestNI working with DoF’s Land and Property Services

Business rates

The Executive has already committed to providing a three-month rates holiday to all businesses from April to June 2020, automatically reducing the annual rate bill by 25 per cent.

Rate bills for 2020-21 were due to be issued in April 2020. To avoid placing financial pressure on ratepayers affected by COVID-19, rate bills will not be issued until June 2020, which will happen automatically.

The Hardship Rate Relief scheme is available for non-domestic ratepayers who have been affected by exceptional circumstances. It is only available on rates that are due, and if a business has been affected during March 2020.

At any time a ratepayer is experiencing any difficulty in paying a business rate bill, they are encouraged to contact Land and Property Services at the earliest opportunity.

Northern Ireland Executive's statements

FORTHCOMING ANNOUNCEMENT

A range of measures will be coming forward and over the coming days with daily Government updates.

The leaders pledged to be in regular and focused communication with the public and will be available daily to communicate and keep people updated on what actions and measures they are taking.

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Today we stand united as leaders to help guide Northern Ireland – our people – through this time of unprecedented challenge.

Arlene Foster, Northern Ireland First Minister  

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It's a very difficult time and we know you need our full support and resources.

Michelle O'Neill, Northern Ireland Deputy First Minister

 

WHAT PROPERTYMARK IS DOING

 

On the back of members' comments, Propertymark is bringing these to the Government’s attention to ensure the sector’s voice is heard. We will inform members of any further progression.