Got tenants in arrears? PayProp can help you prepare for this new law

Wednesday 31 March 2021

From 4 May 2021 agents could be blocked from charging late fees, compounding interest on missing rent, and taking any enforcement action over debts, thanks to the new Debt Respite Scheme (Breathing Space) Regulations in England and Wales.

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PRS at the crossroads based on Housing Committee report

Wednesday 31 March 2021

The Housing, Communities and Local Government Committee in the UK Parliament has released its second report scrutinising the UK Government’s actions to help rough sleepers, homelessness, private renters, and landlords during the COVID-19 pandemic.

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Number of prospective tenants continue to rise

Wednesday 31 March 2021

ARLA Propertymark’s February Private Rented Sector Report shows no sign of demand slowing down in the rental market.

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Report finds HMRC ‘broadly’ fulfilling AML supervision role

Tuesday 30 March 2021

HMRC has published a self-assessment of its money laundering supervisory performance, which is broadly in line with the relevant Money Laundering Regulations and OPBAS sourcebook, however stating there was room for improvement.

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Guidance for members unchanged as England moves to next stage of roadmap

Monday 29 March 2021

From Monday 29 March the UK Government will start to ease lockdown restrictions on social contact, business and activities, and travel in England. Whilst there will be no changes to safety guidance for the property sector, Propertymark is reviewing the guidance that has supported members to work safely and given the UK Government the confidence to allow agents to keep working throughout lockdown.

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Welsh Government consultation on Regulations relating to Written Statements

Monday 29 March 2021

To make it simpler and easier to rent a home in Wales the Welsh Government passed The Renting Homes (Wales) Act 2016. This Act creates many changes to current tenancy laws, which are anticipated to be introduced in early 2022.

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Consultations and research announced in drive for net zero in the commercial property sector

Wednesday 24 March 2021

The Department for Business, Energy & Industrial Strategy (BEIS) is looking for views from the sector on how best to implement energy efficiency plans for commercial and industrial buildings in England and Wales.

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Agents urged to support lone workers

Wednesday 24 March 2021

With many agents required to work alone, it is important employers put in place measures to ensure their safety. After the tragic disappearance in 1986 of estate agent, Suzy Lamplugh, the Trust, in her name, provides guidance for workers to reduce the risk of violence and aggression.

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Treasury announces tax administration reform and new proposals in first-ever ‘Tax Day’

Tuesday 23 March 2021

HM Treasury has released its ‘Tax Day command paper’ designed to allow further scrutiny on tax announcements that would normally take place during the budget.

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Tenants will continue to receive financial support in Wales

Tuesday 23 March 2021

The Welsh Government has announced today, 23 March, that the Tenancy Loan Saver (TSL) scheme will be extended until 30 September 2021.

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Powers given to Councils to build much needed housing

Tuesday 23 March 2021

All Councils across England will be given more freedom by the UK Government on how they spend the money from homes sold through Right to Buy to help build the homes needed in their communities.

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Further extension on evictions in Wales

Thursday 18 March 2021

The Welsh Government has announced a further extension to the ban on evictions and the requirement for landlords to provide six-month notice periods to tenants before they evict.

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Next steps for leasehold reform in Wales

Wednesday 17 March 2021

The Welsh Government has published new research into the sale and use of leaseholds where the Housing Minister, Julie James MS, sets out her intentions for reforming the sector. The action plan considers other evidence from the Task and Finish Group on Leasehold Reform and recommendations made by the Law Commission.

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ICO registration mandatory for all businesses

Tuesday 16 March 2021

Any business or sole trader who processes personal information must register with the Information Commissioner’s Office (ICO) under the Data Protection Act 2018 and failure to register is a criminal offence.

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Fine underlines importance of having CMP

Monday 15 March 2021

Propertymark has received a report that a letting agent in Kensington and Chelsea has been issued a fine of £20,000 for not belonging to a Client Money Protection scheme, despite applying to join one. The case underlines the importance of having Client Money Protection (CMP), with Trading standards taking action even when an application is in progress.

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Welsh and UK Governments extend measures to protect businesses from eviction

Thursday 11 March 2021

Businesses that have been affected by the Coronavirus pandemic will now be protected from eviction until the end of June 2021 in England and Wales.

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Renting with pets key questions answered

Thursday 11 March 2021

Issues around the current rules when renting with pets have caused some confusion for agents. Propertymark provides some relevant information to help answer those key questions.

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Further extension to ban on evictions in England

Wednesday 10 March 2021

Today, 10 March 2021, Housing Secretary, Robert Jenrick, announced a further extension to the ban on bailiff-enforced evictions and the requirement for landlords to provide six-month notice periods to tenants before they evict.

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Rapid COVID-19 tests available to all businesses regardless of size

Tuesday 09 March 2021

All employers in England can now sign up for the UK Government’s free workplace testing programme. This includes businesses employing fewer than 50 people, previously required to attend community testing sites.

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Temporary ban on evictions and loan funds to continue beyond 31 March

Tuesday 09 March 2021

The current ban on the enforcement of eviction orders in Scotland has now been extended to 30 September 2021.

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Debt Respite Scheme to freeze rent arrears enforcement action

Tuesday 09 March 2021

The Debt Respite Scheme, approved by Parliament in October 2020, will come into force on 4 May 2021 to help people who are in debt, which includes rent arrears, to help better manage finances, seek professional debt service advice and reach sustainable solutions.

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Propertymark releases action plan for next Welsh Government

Monday 08 March 2021

With the Welsh elections due to take place in May, Propertymark has published its manifesto containing key asks to support the housing sector in Wales.

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Timescales for completion in the private-treaty world

Monday 08 March 2021

Propertymark Industry Supplier, SDL Property Auctions, discuss how the property industry is feeling the effects of months of extreme demand, resulting in prolonged completion times and impeding estate agents’ cash flow and how agents can speed up the process and secure long overdue sales with the stamp duty holiday extension through auctions.

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Call for views on the Housing Health and Safety Rating System (HHSRS)

Friday 05 March 2021

The Ministry for Housing, Communities and Local Government (MHCLG) is carrying out a two-year review of the HHSRS to update and simplify the process. Four surveys will be running from 3 – 31 March to canvass the views of those impacted, including housing regulators and surveyors, landlords, other property professionals and residents.

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Land Transaction Tax (LTT) nil rate band extended

Thursday 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.

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Lack of direct financial support for the sector in the Budget

Wednesday 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.

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Calls continue for a Welsh Housing Survey

Wednesday 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.”

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