Latest News

UK agents come together to set direction of travel for Propertymark

14 June 2019

The Propertymark Annual General Meeting (AGM) took place on 14 June at the St Martins Lane Hotel, London, attended by a small group of members, some of whom had travelled from across the country. The Annual Report and Accounts had been shared with members earlier in the month and voting for board and presidential roles had been going on for several weeks. Read More...

The summer of change for letting and estate agents

14 June 2019

Lloyd Clarke, Partner at Attwells Solicitors writes for Propertymark and discusses the expansion of National Trading Standards and how this impacts the estate and letting agency sector. Read More...

Report finds that landlords abuse holiday let contracts to evade tenants’ rights

13 June 2019

According to a new report, landlords and agents in Scotland are exploiting Airbnb-style holiday let contracts to avoid long-term tenancies and evade their responsibilities to tenants. Read More...

Propertymark acts to protect the legitimate business interests of its members

11 June 2019

With a possible breach of the Tenant Fees Act 2019 and Consumer Rights Act 2015 by an aggregator portal, placebuzz.com, Propertymark investigated to protect its members from liability, and importantly, protect consumer rights. Read More...

Lessons from Grenfell – improving safety and looking after residents

10 June 2019

The Government seeks to bring forward new legislation to keep residents’ safe and is inviting views on a new building safety regime, as well as launching a new home ownership scheme specific for residents of Grenfell. Read More...

Landlord confidence key to possession reforms

06 June 2019

Section 21 repossessions should be retained in the private rented sector unless and until a new system is in place that provides landlords with the same level of confidence about repossessing properties in legitimate circumstances. Read More...

Universal Credit system on the horizon to improve direct payment to landlords

06 June 2019

A Croydon-based software company says payment times will be cut from weeks to two days after the launch of their new system later this year in partnership with the Department of Work and Pensions (DWP). Read More...

Welsh fee ban passes into law

Friday 17 May 2019

On 15 May the Renting Homes (Fees etc.) (Wales) Bill received Royal Assent. It is now an Act and will come into force on 1 September 2019.

The Renting Homes (Fees etc.) (Wales) Act will ban most fees charged to tenants. Letting agents and landlords will not be able to require tenants to make a payment if it is not listed as a ‘Permitted Payment’ under the Act.

Permitted Payments are:

  • Rent
  • Security Deposit
  • Holding Deposit (capped at one week’s rent)
  • Default Fees
  • Utilities (electric, gas or other fuel, water, sewerage and Green Deal)
  • Council Tax
  • Television Licence
  • Communication Service

The Act does not currently specify a cap on Security Deposits or Default Fees.

The legislation will apply to Assured Tenancies (including an Assured Shorthold Tenancy or AST) entered into after the legislation comes into force. When the Renting Homes (Wales) Act 2016 comes into force, all new tenancies will be Standard Occupation Contracts. All pre-existing Assured Shorthold Tenancies will also be converted into Standard Occupation Contracts.

Propertymark is expecting further guidance from the Welsh Government to be published imminently.

Commenting on the passing of the Act, David Cox, ARLA Propertymark Chief Executive: "It is essential that agents get to grips with this legislation and understand the impact on their business, making the preparations that they need well in advance of 1 September. The experience that agents operating in other parts of the UK are currently going through demonstrates that this is a highly complex area with many areas of uncertainty and agents need to draw on the support of their professional body."

Housing Minister and Local Government Minister Julie James AM said: "The private rented sector now accounts for 13% of all housing in Wales. This legislation brings clarity which will help to improve the reputation of the sector overall, and also provide greater confidence that tenants are getting a fair deal. I want private renting to be a positive choice that is accessible to everybody."

 "This important legislation will come into force on September 1 this year, to balance the need for landlords and agents to make adjustments to their business models with the need for these changes to come into force as soon as possible."

Welsh Government’s news story 

Propertymark is developing resources to support members in Wales and the issue will be the focus of the North Wales Regional meeting on 10 June 2019.