Propertymark has analysed its lettings and sales data to reveal trends from the year. The private rented sector has seen sharp rent increases due to the tenant fees ban, an outflow of landlords from the market, and Brexit uncertainty.
ARLA Propertymark’s Private Rented Sector (PRS) report shows the number of tenants experiencing rent rises fell by eight percentage points in October. This is the lowest figure since June 2019.
On the 21 November, a team of over 100 agents took to Queen Elizabeth Olympic park in London, as part of Propertymark’s Great Agent Sleep Out to support the homelessness charity, Centrepoint.
Manchester City Council have consulted with agents, landlords and tenants to inform an updated private rented sector strategy for the city. The consultation ran throughout November 2019 seeking to engage stakeholders through an online survey and local drop in sessions across Manchester.
Having grown significantly since its inception in 1995, and with various venues to accommodate the growing interest, the ARLA Propertymark Conference is now firmly rooted at ExCel in London to house the size and appetite of interest from the industry.
Latest data has revealed an overall slowdown in mortgages despite the stability in the buy-to-let market with an expected further growth of 1 per cent in the next quarter.
This year’s World Mental Health Day was on 10 October and put mental wellbeing firmly under the spotlight. Richard Gould, Director of Commercial at Howden Employee Benefits & Wellbeing, considers the proactive steps we can all take to look after our mental health.
Government have confirmed that a detailed assessment of the ‘A licence to rent’ report has not been undertaken and there are no plans in place to introduce a national landlord register.
Ahead of the political parties finalising their manifestos for the forthcoming General Election, Propertymark has published its own manifesto calling on the new Government to regulate and reform the housing sector.
The appointment follows Dame Judith’s Independent Review of Building Regulations and Fire Safety, in which the Government committed to take forward all her recommendations and go further, by forming a new national Building Safety Regulator.
The winners of the Propertymark Qualifications Awards were announced on 23 October, celebrating learners and those who commit to their professional development.
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